# SpaceXTargets2TrillionValuation

SpaceX plans to list on Nasdaq on June 12, targeting a valuation of 1.75 trillion to 2 trillion US dollars with approximately 75 billion US dollars in funding, which would make it the largest IPO in global history. The company has completed a 1 for 5 stock split. Elon Musk has said he will not sell any shares. The Starship V3 critical test flight is scheduled for May 20, and its success or failure will directly impact market confidence in SpaceX's technological capabilities. Institutional valuations are deeply divided. Ark believes 1.75 trillion US dollars has a reasonable basis, while a NYU professor thinks 1 trillion US dollars is more reasonable. A strategist at Jonestrading noted that based on last year's revenue of roughly 20 billion US dollars, a 2 trillion US dollar valuation would imply a price to sales ratio of about 100 times, arguing that speculative elements are quite high. BlackRock is considering investing 5 to 10 billion US dollars.