SpaceX has set an unprecedented $135 per share price for its upcoming initial public offering (IPO), aiming to raise approximately $75 billion in what could become the largest stock market debut in history. The offering values the Elon Musk-led space and satellite communications company at around $1.75 trillion, placing it among the world’s most valuable publicly traded companies.
The IPO represents a major departure from traditional Wall Street practices. Instead of announcing a price range and allowing investor demand during the roadshow to determine the final valuation, SpaceX has publicly fixed the share price before meeting institutional investors. This unconventional strategy highlights Musk’s confidence in investor demand and his willingness to challenge long-established IPO conventions, Reuters news report said.
SpaceX plans to sell approximately 555.6 million shares through an all-primary offering, with proceeds flowing directly to the company. The capital is expected to support ambitious expansion plans, including Starlink satellite network growth, next-generation Starship development, artificial intelligence infrastructure investments, and other long-term space technology initiatives.
SpaceX reported revenue of $18.67 billion in 2025, representing growth of about 33 percent from the previous year. However, it also posted a net loss of $4.94 billion as it continued investing heavily in future technologies and large-scale infrastructure projects. Despite these losses, investors remain attracted by SpaceX’s dominant position in commercial space launches and satellite broadband services.
SpaceX’s IPO is expected to price on June 11, with trading scheduled to begin on Nasdaq under the ticker symbol SPCX on June 12. Major investment banks including Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan are leading the underwriting syndicate. The offering is also notable for its focus on retail participation, with reports indicating that up to 30 percent of shares could be allocated to individual investors.
If successful, the SpaceX IPO will surpass previous global IPO records and could redefine how high-growth technology companies approach public listings. The offering is also expected to influence future IPO plans from other high-profile technology and AI companies, including Anthropic and OpenAI, which are preparing their own public market debuts.