SpaceX plans to go public at $135 per share, valuing the company at $1.77 trillion. This would instantly make it the seventh-largest U.S. company by market capitalization, surpassing Tesla's current $1.6 trillion valuation.

The IPO price reflects extraordinary investor appetite for space technology and Elon Musk's portfolio. SpaceX operates Starship for deep space missions and Falcon 9 for satellite launches. The company dominates commercial space services and holds contracts with NASA and the U.S. Space Force.

For retail investors, this IPO matters because it opens SpaceX to ordinary savers and investment accounts. Previously, SpaceX remained private, accessible only to venture capital firms and wealthy accredited investors. An IPO at $135 per share makes entry possible through standard brokerage accounts like Fidelity, Charles Schwab, or Vanguard.

The $1.77 trillion valuation carries real risks. SpaceX faces competition from emerging space companies including Blue Origin and Axiom Space. Regulatory approval for next-generation launches remains uncertain. Supply chain disruptions and manufacturing delays have affected rocket production timelines.

Investors should consider whether space technology deserves a $1.77 trillion price tag. At this valuation, SpaceX trades at a premium even to mature tech giants. The company remains unprofitable on paper, though it generates billions in revenue from government and commercial contracts.

The IPO timeline remains uncertain. Market conditions, regulatory reviews, and Musk's other business commitments could shift the offering date. Traditional financial advisors typically recommend caution with IPO-day purchases. Prices often spike initially, then cool after lockup periods expire and insiders can sell shares.

For portfolio diversification, SpaceX represents exposure to space infrastructure and satellite technology.