SpaceX To Target $75B in IPO at $135 Per Share

SpaceX To Target $75B in IPO at $135 Per Share

From Bloomberg Tech by Bloomberg

June 3, 2026 · 50 min

About this episode

Caroline Hyde and Ed Ludlow discuss SpaceX's IPO plans and the impact of recent earnings reports and elections.

Bloomberg’s Caroline Hyde and Ed Ludlow discuss SpaceX's plan to offer shares at $135 apiece to raise $75 billion in its IPO, rejecting yet another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal. Plus, Palo Alto Networks falls after the company reported its results, failing to meet elevated buyside expectations, and candidates backed by tech billionaires and founders fall short in California's primary elections. See omnystudio.com/listener for privacy information.

People in this episode

Hosts: Caroline Hyde, Ed Ludlow

Topics covered

  • SpaceX IPO
  • Palo Alto Networks earnings
  • California primary elections
  • Wall Street conventions
  • tech billionaires

Keywords

  • SpaceX
  • IPO
  • Palo Alto Networks
  • California elections
  • Wall Street

Mentioned in this episode

Organizations: SpaceX, Palo Alto Networks, California

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