CNBC: SpaceX Sets Fixed IPO Price at $135/Share — 555.56 Million Class A Shares, ~$75B Raise, $1.77T Implied Valuation

CNBC reported on June 3, 2026 that SpaceX set its IPO offering price at a fixed $135 per share — the day before the management roadshow officially launched (June 4–8). SpaceX is offering 555.56 million Class A shares, targeting a total capital raise of approximately $75 billion. At $135/share, SpaceX's implied valuation is approximately $1.77 trillion (assuming EchoStar spectrum and Cursor acquisition option close), positioning it as the 7th-largest U.S. company by market capitalization if achieved. The $75B raise would represent the largest IPO in history, surpassing Saudi Aramco's 2019 offering. IPO pricing is confirmed for June 11, 2026, with Nasdaq trading (ticker: SPCX) beginning June 12. Approximately 30% of shares are allocated to retail investors via Robinhood, Fidelity (minimum $2,000 account), and Charles Schwab. Musk retains approximately 42% economic equity and 79–85% voting control via dual-class Class B shares (10 votes each). The $135 fixed price became the anchor for analyst estimates ahead of the roadshow, with Morningstar's Nicolas Owens valuing SpaceX at approximately $780B (55% below ask) and New Constructs projecting SpaceX would need $1.1T in annual revenue by 2035 to justify the price.