SpaceX, the aerospace and satellite communications company led by US\ntech billionaire Elon Musk, plans to raise approximately US$75 billion,\nor around Rp1,357.17 trillion, through a record-breaking initial public\noffering (IPO).<\/p>\n
Citing Deutsche Welle, SpaceX intends to offer 555,55 tribut shares\nat an initial price of US$135 per share. Based on approximately 13\nbillion outstanding shares, this would grant the company a valuation of\naround US$1.765 trillion. If realised, this IPO will surpass the current\nfundraising record set by the Saudi Arabian oil producer Aramco, which\nraised US$25.6 billion during its public debut in 2019.<\/p>\n
Analysts have noted that this listing could make Musk, already the\nworld\u2019s wealthiest individual, the first person in history to become a\ntrillionaire. SpaceX\u2019s decision to set its public share price a week\nbefore the IPO marks a return to older Wall Street practices, reversing\nlong-standing market pricing mechanisms and underscoring Musk\u2019s\ndetermination to raise record funds through unconventional methods.<\/p>\n
\u201cThere is nothing normal about this IPO in any respect,\u201d an investor\nplanning to participate in the offering told Reuters. \u201cBut then again,\nthis is the largest IPO in history, so perhaps it is not\nsurprising.\u201d<\/p>\n
The lack of clear public market benchmarks for the share price is\nexpected, given the scarcity of public companies with SpaceX\u2019s unique\ninterests in space, aerospace, telecommunications, and defence.<\/p>\n
In terms of performance, SpaceX\u2019s revenue increased by 33% to\nUS$18.67 billion in 2025, although the company still recorded a net loss\nof US$4.94 billion. \u201cAt a glance, a price-to-earnings ratio of 90 times\nis very high by any standard,\u201d said Tim Hatt, head of research and\nconsulting at GSMA Intelligence, to Reuters. \u201cBut SpaceX is entirely\nnon-traditional, and no other public company is truly comparable.\u201d<\/p>\n
Founded in 2002, SpaceX has pioneered new advancements in private\nspaceflight. In 2012, it became the first private company to\nsuccessfully dock a spacecraft with the International Space Station\n(ISS), marking a milestone in the commercial space industry. In 2020,\nSpaceX achieved another historic feat by becoming the first private\ncompany to transport astronauts to the ISS.<\/p>\n
In February, SpaceX took over Musk\u2019s artificial intelligence company,\nxAI\u2014one year after xAI acquired the social network X, formerly known as\nTwitter. Analysts anticipate further consolidation of Musk\u2019s business\nventures by 2027, predicting that SpaceX could merge with his electric\nvehicle company, Tesla, as it continues to expand its focus into\nrobotics, energy solutions, and autonomous transport.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/largest-ipo-ever-set-to-launch-valued-at-rp1-300-trillion-1780799642", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }