---
title: "Musk Publicly Debunks: Reports of SpaceX Lowering IPO Valuation Target Are \"False\""
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288090806.md"
description: "Musk publicly denied reports that SpaceX had lowered its IPO valuation. According to Bloomberg, which previously cited insiders, the company's target valuation was reduced from over $2 trillion to at least $1.8 trillion. Despite the valuation divergence, this IPO is still expected to become the largest listing globally"
datetime: "2026-05-29T15:21:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288090806.md)
  - [en](https://longbridge.com/en/news/288090806.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288090806.md)
---

# Musk Publicly Debunks: Reports of SpaceX Lowering IPO Valuation Target Are "False"

Valuation discrepancies surrounding SpaceX's potential IPO are becoming a focal point of market attention.

According to a previous Bloomberg report, **the company had lowered its target valuation from over $2 trillion to at least $1.8 trillion, but Musk publicly denied this on the X platform, calling the claim "false."**

Previous reports citing insiders stated that SpaceX planned to start its Roadshow as early as June 4 and complete pricing by June 11, though the timeline remains subject to change. **The valuation adjustment was a prudent revision following consultations between the company, its advisory team, and investors, and it could still be raised again during the Roadshow based on market feedback.** Even with the valuation controversy, the IPO aims to raise up to $75 billion, which would break the global record for IPO fundraising if successful.

SpaceX plans to list on the Nasdaq and Nasdaq Texas under the ticker symbol "SPCX." Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase are serving as lead underwriters, with 18 other banks participating. For an offering of this magnitude, investor feedback, market conditions, and pricing discipline will jointly influence the final outcome.

According to a previous article by Wallstreetcn, current market enthusiasm has spilled over into the crypto trading sector. Since the launch of pre-IPO perpetual futures contracts tracking SpaceX, average daily trading volume has approached $18 million over the past two weeks, indicating that investors are attempting to price the stock before its official listing. Musk's public denial has further intensified market focus on the final pricing. The key issue lies not only in the valuation figure itself but also in whether the market can absorb an offering of such scale.

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## Related News & Research

- [SpaceX IPO valuation reports clash ahead of record listing](https://longbridge.com/en/news/288148394.md)
- [Elon Musk strikes down reports on SpaceX IPO rumors](https://longbridge.com/en/news/288109005.md)
- [The 180-Day Lease Holding Up SpaceX's $2 Trillion IPO](https://longbridge.com/en/news/288095214.md)
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