SpaceX targets biggest IPO in history with $1.75tn valuation

EuroNews · 🇫🇷 public France · Jun 04, 2026 · 720 words · By Doloresz Katanich

Corporate Financial Health Financial Valuation and IPO AI Integration and Competition Elon Musk's Wealth and Control

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What to know about Corporate Financial Health

The company said on Wednesday that it plans to list its shares at $135 each.

Claims checked 15

Techniques found 1

Topics 4

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center100%

Right0%

3 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

The company said on Wednesday that it plans to list its shares at $135 each.

Why it matters

The offering would value SpaceX at around $1.77tn (€1.56tn), making it one of the world's most valuable listed companies and potentially the largest IPO in history.

Common ground

SpaceX says it plans to raise up to $75 billion (€66bn) in its long-awaited stock market debut, a move that would make it the largest initial public offering (IPO) on record and significantly boost the wealth of founder Elon Musk, potentially making him the…

Perspective signals

The tension in the story is sharpened by Loaded Language: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

Follow-up questions

What new context would change how readers understand this Corporate Financial Health story?
What evidence would most clearly confirm or weaken the claim that The company, formally known as Space Exploration Technologies Corp?
How does this story connect Corporate Financial Health with Financial Valuation and IPO over the next few days?

open_in_new Read the original article: https://www.euronews.com/business/2026/06/04/spacex-sets-ipo-price-valuing-compa…

psychologyPropaganda Techniques Detected

eFinder identified 1 propaganda technique in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning

Loaded Language 80% confidence

Using words with strong emotional connotations to influence an audience.

Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.

Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 15 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 7

schedule Pending 5

verified Verified By Reference 2

info Single Source 1

verified

Claim 1: “The company, formally known as Space Exploration Technologies Corp.”

VERIFIED BY REFERENCE

Wikipedia and Britannica both confirm the formal name is Space Exploration Technologies Corporation.

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wikipedia NEUTRAL — This is a timeline of space exploration which includes notable missions, achievements, first accomplishments and milestones in humanity's exploration of outer space. This timeline generally does not d…
https://en.wikipedia.org/wiki/Timeline_of_space_exploration

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wikipedia NEUTRAL — Raptor is a family of rocket engines developed and manufactured by SpaceX. It is the third rocket engine in history designed with a full-flow staged combustion fuel cycle, and the first such engine to…
https://en.wikipedia.org/wiki/SpaceX_Raptor

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wikipedia NEUTRAL — Space Exploration Technologies Corporation, doing business as SpaceX, is an American spaceflight, telecommunications, and artificial intelligence company headquartered at the Starbase development site…
https://en.wikipedia.org/wiki/SpaceX

+ 4 more evidence sources

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Claim 2: “Nvidia, whose market capitalisation stands at around $5.2tr (€4.6tr).”

CORROBORATED

CNBC and other reports indicate Nvidia reached a $5.2 trillion market cap in April 2026, although other sources show slight variations in timing and exact figures.

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web search NEUTRAL — As of July 2026 NVIDIA has a market cap of $4.711 Trillion USD. This makes NVIDIA the world's most valuable company according to our data.
https://companiesmarketcap.com/nvidia/marketcap/

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web search NEUTRAL — Apr 27, 2026 ... BREAKING: Nvidia stock officially hits a new record high, now worth $5.2 trillion. Nvidia has now added +$4.9 TRILLION in market cap since 2022.
https://www.facebook.com/KobeissiLetter/posts/breaking-nvidi…

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web search NEUTRAL — Oct 29, 2025 ... The chip maker's stock rose about 3% Wednesday to $207.16, giving it a market cap of $5.03 trillion. Shares have been boosted by exuberance for ...
https://www.wsj.com/tech/ai/nvidia-first-5-trillion-company-…

+ 1 more evidence source

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Claim 3: “The offering would value SpaceX at around $1.77tn (€1.56tn)”

VERIFIED BY REFERENCE

Wikipedia explicitly states that the SpaceX IPO occurred on June 12, 2026, at a valuation of US$1.77 trillion.

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wikipedia NEUTRAL — The initial public offering (IPO) of SpaceX, an American aerospace and artificial intelligence company founded by Elon Musk in 2002, occurred on June 12, 2026. It was the largest ever IPO, at a valuat…
https://en.wikipedia.org/wiki/Initial_public_offering_of_Spa…

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wikipedia NEUTRAL — Starfall is space capsule class designed to return payloads to Earth from orbit/near orbit, developed by SpaceX. The vehicle intends to provide uncrewed, point-to-point cargo delivery of earth and spa…
https://en.wikipedia.org/wiki/SpaceX_Starfall

+ 3 more evidence sources

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Claim 4: “SpaceX said the global market for AI could be worth up to $26.5 trillion (€23.4tr).”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 5: “The offering would surpass the $26bn (€23bn) raised by Saudi Aramco in 2019”

CORROBORATED

Multiple web sources confirm the SpaceX IPO surpassed the approximately $26 billion raised by Saudi Aramco in 2019.

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web search NEUTRAL — SpaceX is targeting approximately ₩112.7 trillion ($75 billion) in proceeds from this listing, far exceeding the roughly ₩42 trillion ($29.4billion) raised by Saudi Aramco’s IPO in 2019, making it by …
https://herald.cauon.net/news/articleView.html?idxno=22115

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web search NEUTRAL — The offering surpassed the around $26 billion raised by Saudi Aramco in 2019 and was larger than the combined inflation-adjusted proceeds of many of the biggest technology listings of the last two dec…
https://thetechportal.com/2026/06/12/spacex-shares-open-at-1…

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web search NEUTRAL — The largest IPO to date, Saudi Aramco in 2019, raised roughly $25.6bn. Even allowing for staged issuance, a listing of this scale would represent a multiple of prior records and would likely rank amon…
https://gccbusinesswatch.com/news/spacex-ipo-global-capital-…

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Claim 6: “it plans to sell 555.6 million shares at $135 each.”

CORROBORATED

Al Jazeera, Reuters, and other web results independently confirm the plan to sell 555.6 million shares at $135 each.

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wikipedia NEUTRAL — Starship is a two-stage, fully reusable, super heavy-lift launch vehicle under development by American aerospace company SpaceX. Currently built and launched from Starbase in Texas, it is intended as …
https://en.wikipedia.org/wiki/SpaceX_Starship

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+ 4 more evidence sources

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Claim 7: “SpaceX says it plans to raise up to $75 billion (€66bn) in its long-awaited stock market debut”

CORROBORATED

Multiple independent news sources (CNBC, NY Post, Flipboard) report the target of raising $75 billion in the IPO.

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wikipedia NEUTRAL — A trillionaire is a person whose net worth is at least one trillion units of a given currency, typically the US dollar due to its status as a world currency. A trillionaire represents the highest tier…
https://en.wikipedia.org/wiki/Trillionaire

+ 5 more evidence sources

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Claim 8: “Earlier this week, Anthropic submitted a confidential filing with the US Securities and Exchange Commission to officially start its own IPO clock.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 9: “Musk's recent deal that gave SpaceX the rights to buy AI coding tool Cursor for $60 billion (€53bn) later this year”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

schedule

Claim 10: “The company plans to list on the Nasdaq under the symbol "SPCX"”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 11: “Through his holdings of Class B shares, which carry 10 votes each, the SpaceX chief executive would retain roughly 82.4% of voting power after the listing.”

CORROBORATED

Both Wikipedia and Bloomberg Television confirm that Musk retains 82.4% of voting power through Class B shares (10 votes each).

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web search NEUTRAL — How Elon Musk Controls 82.4% of the Votes With Just 42% of the Equity".SpaceX has raised capital across more than 30 funding rounds since 2002, with each round gradually diluting Musk's equity from ne…
https://en.wikipedia.org/wiki/Wealth_of_Elon_Musk

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web search NEUTRAL — But here's what the headlines aren't telling you: → Class A shares (public) = 1 vote each → Class B shares (Musk) = 10 votes each → Post-IPO, Musk retains 82.4% of all voting power SpaceX is also invo…
https://www.linkedin.com/posts/bloombergtelevision_inside-sp…

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web search NEUTRAL — 10 votes / share. Held by Elon Musk, Gwynne Shotwell, and certain pre-IPO holders. Not publicly traded. Identical economic rights to Class A but 10× voting power. Converts to Class A on the earlier of…
https://spacexchart.com/ownership

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Claim 12: “losses continuing into the early months of 2026.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 13: “The IPO would also increase the value of Musk's stake in the company by an estimated $223bn (€196bn), according to Forbes calculations.”

SINGLE SOURCE

While Forbes is a known entity, the provided evidence for this specific claim only contains general information about Forbes and does not contain the specific calculation of $223bn for Musk's stake.

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web search NEUTRAL — Forbes (/ fɔːrbz /) is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong -based investment group Integrated Whale Media Investments since 2014. [3][4] I…
https://en.wikipedia.org/wiki/Forbes

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web search NEUTRAL — The 38th annual Forbes list of the world's billionaires found a record 2,781 billionaires with a total net wealth of $14.2 trillion. This is an increase of 141 members and $2 trillion from 2023, which…
https://en.wikipedia.org/wiki/The_World's_Billionaires

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web search NEUTRAL — 4 days ago · Forbes is a global media company, focusing on business, investing, technology, entrepreneurship, leadership, and lifestyle.
https://www.forbes.com/

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Claim 14: “The company said on Wednesday that it plans to list its shares at $135 each.”

CORROBORATED

Multiple independent sources including CNBC and Reuters report that SpaceX planned to price its IPO shares at $135 each.

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+ 3 more evidence sources

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Claim 15: “Regulatory filings show the company posted an operating loss of $2.6bn (€2.3bn) last year on revenue of $18.7 bn (€16.5bn)”

CORROBORATED

Multiple independent sources (NBC Washington, Phys) report the operating loss of $2.6 billion on $18.7 billion in revenue based on regulatory filings.

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cross reference SUPPORTS — The filing shows that the company lost $2.6 billion from operations last year on $18.7 billion in revenue
https://www.nbcwashington.com/news/national-international/sp…

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cross reference SUPPORTS — A filing shows that his SpaceX lost $2.6 billion from operations last year on $18.7 billion in revenue
https://phys.org/news/2026-05-spacex-reveals-biggest.html

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.