SpaceX Sets Record IPO at $135 Per Share, Aiming to Raise $75 Billion with $1.77 Trillion Valuation
SpaceX, the rocket and satellite giant founded by Elon Musk, has officially set its initial public offering (IPO) price at $135 per share. The company plans to offer approximately 555.6 million shares, which could generate a massive $75 billion in fresh capital — making it the largest IPO in history by a wide margin.
Historic Scale and Market Impact
At the fixed price of $135, SpaceX is targeting a valuation of around $1.77 trillion upon listing. This would place it among the top 10 most valuable publicly traded companies in the United States right from the start, potentially surpassing major players like Berkshire Hathaway and rivaling or exceeding Tesla’s market capitalization.
The IPO features a fixed-price structure rather than the usual book-building process, reflecting Musk’s distinctive approach to going public. An amended SEC filing confirmed the details, with the roadshow already in progress. Pricing is expected around June 11, followed by a Nasdaq debut under the ticker symbol SPCX on June 12.
Company Performance and Use of Proceeds
SpaceX has experienced rapid growth, reporting approximately $18.7 billion in revenue for 2025. Starlink, its satellite internet service, was the standout performer, contributing about $11.4 billion. Despite this, the company posted net losses of around $4.9 billion due to substantial investments in Starship development, AI infrastructure, and global expansion.
The IPO proceeds are slated to fuel several key initiatives:
- Global rollout and scaling of Starlink services.
- AI and high-performance computing projects, including large-scale GPU acquisitions.
- Advancements in next-generation rockets and supporting infrastructure for space, connectivity, and artificial intelligence.
Strategic Context and Investor Considerations
Earlier this year, SpaceX merged with Musk’s AI startup xAI, integrating advanced AI capabilities into its operations. While investor interest remains extremely high, the limited public float — with insiders retaining most shares — may contribute to post-listing volatility.
Musk is expected to maintain strong voting control, with a roughly one-year lockup period on his personal stake. The offering has captured widespread attention from institutional investors and retail participants alike, highlighting growing excitement around the space economy, satellite communications, and AI applications.
SpaceX’s journey from pioneering reusable rockets to building a global satellite network positions it at the forefront of multiple transformative industries. As the company prepares for its public debut, markets will closely watch whether this landmark IPO delivers long-term shareholder value in a sector known for both high rewards and significant risks.
For the latest updates on allocations, trading details, and official disclosures, investors should refer to SpaceX’s SEC filings and authorized investor communications.
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