SpaceX has set its IPO price at $135, valuing the company at $1.77 trillion.

CoinFeed reported on June 4th that, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday, SpaceX, owned by Elon Musk, plans to price its IPO at $135 per share (consistent with sources) before officially launching its IPO roadshow. SpaceX stated that it plans to issue 555.6 million shares to raise $75 billion. Typically, at this stage of the IPO process, issuers set a price range to test market demand at different price levels. However, SpaceX has adopted a more unique pricing strategy. At $135 per share, SpaceX's valuation would reach $1.77 trillion.