{"id":472928,"date":"2026-06-12T01:04:13","date_gmt":"2026-06-12T01:04:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/472928\/"},"modified":"2026-06-12T01:04:13","modified_gmt":"2026-06-12T01:04:13","slug":"a-look-at-the-spacex-ipo-by-the-numbers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/472928\/","title":{"rendered":"A look at the SpaceX IPO by the numbers"},"content":{"rendered":"

Elon Musk is all about big numbers \u2014 millions, billions, even trillions \u2013 and there are plenty of them associated with SpaceX and Musk’s plans to take the rocket maker public.<\/p>\n

The prospectus for the SpaceX stock debut shows spending at a massive scale \u2014 greater than the economic output of some countries \u2014 and about to grow much larger as Musk races to make good on his promise to hurl people to distant planets. <\/p>\n

Money to be raised in the initial public offering \u2014 estimated at USD$75 billion (NZD$129.75 billion)\u2014 will help finance those futuristic, fantastical plans.<\/p>\n

Assuming the IPO goes off without a hitch, it will rank as the largest ever. It also could make Musk, a major SpaceX owner and already the world\u2019s richest man, the first trillionaire.<\/p>\n

Aside from the eye-popping numbers, the prospectus in part reads like a script for a Hollywood sci-fi movie as Musk details how he hopes to use his rockets to save the human race from extinction by making it an interplanetary species.<\/p>\n

First, Musk will send people to the moon to establish a base. Eventually he hopes to colonise Mars.<\/p>\n

A look at the lofty numbers behind Musk\u2019s outsized ambitions.<\/p>\n

\"This<\/p>\n

This image provided by the NASA\/JPL-Caltech\/ASU from the Psyche mission spacecraft shows Mars on Wednesday, May 13, 2026. (Source: Associated Press)<\/p>\n

USD$1.77 trillion (NZD$3.05 trillion)<\/p>\n

This would be SpaceX’s market value if the shares it’s selling to the public trade at the offering price of $135 each. With the amount of interest SpaceX is drawing among investors, the price could easily go higher on Day One. <\/p>\n

Nvidia, a maker of computer chips, is now the world\u2019s most valuable public company at around $4.9 trillion. A value of $1.77 trillion would put SpaceX equal with Broadcom at No. 6 on the most valuable list, based on Wednesday close of trading.<\/p>\n

\"Elon<\/p>\n

Elon Musk attends the finals for the NCAA wrestling championship, Saturday, March 22, 2025, in Philadelphia. (Source: Associated Press)<\/p>\n

USD$794.6 billion (NZD$1.36 trillion)<\/p>\n

Elon Musk\u2019s net worth as of the close of trading on June 11, according to Forbes. Depending on how much the SpaceX IPO boosts the value of Musk\u2019s stake in the company, he could become the first-ever trillionaire. <\/p>\n

The combined net worth of billionaires two through five on the Forbes list – Google co-founders Larry Page and Sergei Brin, Amazon founder Jeff Bezos and Oracle Chairman Larry Ellison – is USD$1.04 trillion (NZD$1.8 trillion).<\/p>\n

USD$75 billion (NZD$129.70 billion)<\/p>\n

The proceeds SpaceX will reap from selling 555,555,555 shares at $135 each in the IPO, more than double the previous record IPO haul of USD$26 billion (NZD$44.56 billion) by the Saudi oil giant Aramco back in 2019.<\/p>\n

100,000 (NZD$173,000)<\/p>\n

That’s the number of next-generation Starlink satellites Musk says SpaceX aims to put into orbit. Starlink currently has about 9,600 satellites in space. By comparison UPS says it has 135,000 delivery vehicles \u2014 including motorcycles \u2014 in its fleet.<\/p>\n

82.4%<\/p>\n

The voting power Musk will hold at SpaceX by virtue of his owning more than 90% of the company\u2019s Class B shares, which give the holder 10 votes for every share held. He also owns a 12.3% stake in the Class A shares, which carry one vote apiece.<\/p>\n

At least USD$1 million (NZD$1.73 million)<\/p>\n

That\u2019s how many inhabitants Musk needs to have living in a colony on Mars for him to receive a part of his SpaceX compensation package. There are no current capabilities of transporting one person to Mars, let alone 1 million. Global cities with populations of around 1 million include Ottawa, Prague and San Jose, California.<\/p>\n

USD$20.7 billion (NZD$35.6 billion)<\/p>\n

How much the company spent in 2025 for all its units, which include rockets, satellites and artificial intelligence technology. The bulk of the spending, at just under USD$11.4 billion (NZD$19.74 billion), came from its connectivity unit that includes its Starlink satellites. By comparison, NASA’s budget for 2026 is USD$24.4 billion (NZD$42.17 billion).<\/p>\n

\"New<\/p>\n

New Tesla Cybertrucks are seen at SpaceX’s Starship facility in Starbase, Texas, Monday, Oct. 13, 2025. (Source: Associated Press)<\/p>\n

USD$131 million (NZD$224.5 million)<\/p>\n

That\u2019s how much SpaceX spent in 2025 on Cybertrucks from Musk\u2019s other public company, Tesla. The base model of a Cybertruck costs $69,990. At that price $131 million gets the buyer 1,871 vehicles. Musk\u2019s businesses often interact, which has raised speculation that Tesla and SpaceX could eventually merge.<\/p>\n

30%<\/p>\n

The estimated amount of shares being sold in the IPO to smaller-pocketed investors, also known as retail investors. Typically, only about 5% to 10% of the IPO shares go to such investors.<\/p>\n

The morning’s headlines in 90 seconds, including Trump flipflops on Iran attack, and a shark attack caught on camera. (Source: 1News)<\/p>\n","protected":false},"excerpt":{"rendered":"Elon Musk is all about big numbers \u2014 millions, billions, even trillions \u2013 and there are plenty of…\n","protected":false},"author":2,"featured_media":472929,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[111,139,69,147,392,145],"class_list":["post-472928","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-new-zealand","tag-newzealand","tag-nz","tag-science","tag-space","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/472928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=472928"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/472928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/472929"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=472928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=472928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=472928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}