# SpaceX IPO values company above Tesla — ride the space industry hype

_AI-generated trading idea · LONG · ITA, UFO, XAR_

> Canonical page: https://commonquant.ai/research/for-you/spacex-ipo-values-company-above-tesla-ride-the-space-industr--c8664f60-cc6e-4cfd-adb4-3ad9492cd85c

Elon Musk's SpaceX is officially going public at $135 a share, aiming to raise $75 billion and valuing the space company above Tesla. This massive IPO is likely to draw huge investor attention to the space industry.

## Idea

SpaceX is launching the largest IPO in history, which will shine a massive spotlight on the entire commercial space sector. When a major company in a niche industry goes public, it often pulls up the stocks of its peers and suppliers as investors look for ways to ride the hype. Space and satellite companies, which are usually under the radar, could see a wave of new money flowing in. Buying a basket of space industry stocks lets you benefit from this excitement without having to own the newly public shares directly.

## Key details

- Symbols: ITA, UFO, XAR
- Timeframes: D
- Tags: \#IPO, \#space, \#momentum

## Community

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## News sources

- [SpaceX Seeks $75 Billion in IPO at $135 Per Share: Reuters](https://www.bloomberg.com/news/articles/2026-06-03/spacex-seeks-75-billion-in-ipo-at-135-per-share-reuters-says) — Bloomberg
- [SpaceX targets fixed $135 IPO roadshow price at $1.75 trillion valuation, source says](https://www.cnbc.com/2026/06/03/spacex-ipo-stock-price-roadshow-musk.html) — CNBC

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