SpaceX filed for a historic initial public offering valued at $1.75 trillion, with shares priced at $135 each and a retail tranche aimed at everyday investors. The company will accept applications from June 5 to June 10, and trading is slated to begin at 2:30 pm GMT on June 12.

£2 billion UK retail tranche via AJ Bell, Hargreaves Lansdown and Revolut

British private investors can access a dedicated $2 billion allocation, a move described by the prospectus as “unprecedented” for a venture‑scale aerospace firm.. Platforms such as AJ Bell, Hargreaves Lansdown and Revolut will host the offering, each providing guidance on the 555.6 million shares available.

SpaceX’s $75 billion capital raise targets lunar, Mars and AI‑powered data centers

The IPO aims to generate roughly $75 billion, which SpaceX says will fund lunar lander contracts, a Mars colonisation program, asteroid‑mining research and the construction of space‑based data centres that run on artificial intelligence. According to the filing, these projects are central to Musk’s vision of a multiplanetary civilization.

Analysts warn valuation could be as low as $780 billion

While the prospectus lists a $1.75 trillion market cap, several market analysts have flagged a potential overvaluation,suggesting the firm may be worth closer to $780 billion based on current revenue streams. the company reported Q1 revenues of $4.7 billion but posted net losss of $4.3 billion, underscoring the speculative nature of the investment.

Who bears the risk? Musk’s polarising leadership and long‑term moonshot pricing

Investors must weigh the influence of Elon Musk’s controversial management style, which has been both praised for bold vision and criticised for volatility. The $135 share price reflects a premium for future growth rather than immediate profitability, positioninng the stock as a long‑term gamble on space‑tech breakthroughs.

What remains unclear about SpaceX’s Mars timeline?

The prospectus does not specify a concrete schedule for the first human landing on Mars,leaving a key question for potential shareholders. Experts also debate the feasibility of asteroid mining and AI‑driven orbital data centres, areas that could materially affect the company’s long‑term cash flow.