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SpaceX priced its initial public offering at $135 per share, targeting a $75 billion to $80 billion capital raise ahead of its June 12 Nasdaq debut. The rocket company filed its prospectus in May and set pricing for June 11, with underwriters led by Goldman Sachs and Morgan Stanley. If successful, this would become the largest IPO in history, far exceeding Saudi Aramco’s $29.4 billion 2020 offering.
Quick Facts
- IPO price: $135 per share
- Pricing date: June 11, 2026; trading begins June 12
- Target raise: $75 billion to $80 billion
- Expected valuation: $1.75 trillion to $2 trillion
Historic Scale and Valuation
The SpaceX IPO aims to shatter the record for largest initial public offering. At the target price of $135 per share, the company would raise $75 billion to $80 billion in fresh capital, anchoring a valuation in the $1.75 trillion to $2 trillion range. This would make SpaceX worth more than most Fortune 500 companies and comparable to the market capitalization of entire nations. The previous record holder, Saudi Aramco’s 2020 IPO, raised just $29.4 billion. Goldman Sachs and Morgan Stanley are leading the underwriting syndicate, with the roadshow beginning June 4 and pricing set for June 11 ahead of the Nasdaq listing.
SpaceX’s Market Position and Why It Matters
The company operates the world-leading Starship rocket system and the Starlink satellite constellation, both central to plans for lunar missions, Mars colonization, and global internet coverage. By going public, SpaceX gives retail and institutional investors their first chance to own shares in a company reshaping commercial space exploration. The IPO filing, submitted in May 2026, revealed for the first time detailed financial results showing the company’s path to profitability and the scope of its government contracts. The space IPO marks a generational moment for both capital markets and the commercial space industry.
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Market Debate Over Valuation
The $1.75 trillion-plus valuation has already sparked discussion among analysts. Some argue the range overvalues the company relative to near-term cash flows, while others contend SpaceX’s monopolistic position in reusable launch vehicles and its substantial government contracts justify the premium. Regardless of valuation arguments, the June 12 IPO is poised to reshape capital markets. The timing comes as the company accelerated its public debut timeline, with the SEC filing completed in May and a compressed roadshow and pricing schedule leading to the mid-June listing.
Sources
- ECIKS.org — SpaceX IPO pricing, June 12 Nasdaq debut, $135 per share, $75 billion to $80 billion fundraising target, $1.75 trillion to $2 trillion valuation range, Goldman Sachs and Morgan Stanley underwriting
- Wall Street Journal (via ECIKS reporting) — $80 billion fundraising target and valuation range
- Reuters (via ECIKS reporting) — IPO timeline, June 11 pricing date, Nasdaq listing date
