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SpaceX IPO Closing Market Cap

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Bulls Say, Bears Say

Bulls Say

$1.5T-$2.0T at 36% is the modal SpaceX IPO market cap range

SpaceX's last private valuation at ~$350B implies $1.5-2T is achievable with a 4-6x IPO premium

Institutional demand for a SpaceX listing would be massive, supporting the lower range

Bears Say

64% for outcomes above or below $1.5T-$2T means the distribution is wide and uncertain

SpaceX may price conservatively to ensure an IPO pop, landing below $1.5T

Competition for capital with other 2026 tech IPOs could limit the SpaceX premium