SpaceX begins trading on Nasdaq tomorrow at 9:30 AM ET with a fixed offering price of $135 per share, making it one of the largest public offerings in history.
Tokenized versions of SpaceX equity are settling across multiple platforms. Platforms like Kraken are issuing 1:1 backed tokens through programs like xStocks, giving retail investors in over 110 countries access to an IPO that, in any previous era, would have been reserved almost entirely for institutional players.
The numbers behind the listing
SpaceX is offering 555,555,555 shares at $135 each, targeting approximately $75 billion in total fundraising. That places the company’s valuation at roughly $1.75 trillion.
SpaceX is targeting a retail allocation of around 30% of total shares. That’s unusually generous for an IPO of this magnitude, where institutional investors typically consume the vast majority of available supply.
