SpaceX will launch its initial public offering on June 12, 2026, at $135 per share, targeting a record $75 billion raise that would be the largest IPO in history and value the rocket and satellite company at $1.77 trillion.
Quick Facts
- Share price: $135 per Class A share, set in advance of the typical IPO roadshow
- Shares offered: 555.6 million shares, with an option to sell an additional 83.3 million
- Listing venue: Nasdaq, with ticker symbol SPCX
- Post-IPO control: Elon Musk to retain more than 80% voting power in SpaceX
SpaceX disclosed the pricing in a June 3 SEC filing, departing from Wall Street convention by setting a fixed price rather than relying on a traditional roadshow process. The $75 billion raise would dwarf Saudi Aramco’s 2019 IPO, which had previously held the record at $29.4 billion.
The company posted $18.7 billion in revenue last year, marking a 33% increase year-over-year, according to Forbes. At the $135 price, SpaceX would be valued higher than every major U.S. company except Apple and Nvidia, despite the company remaining unprofitable.
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Pricing is set for the evening of June 11, with trading expected to begin on June 12. The company is targeting a record $75 billion raise that could allocate as much as 30% of shares to individual retail investors through brokers like Fidelity, a shift toward retail access in a historically institutional-dominated process.
Sources
- Reuters — exclusive report confirming $135 per share pricing and $75 billion raise target
- CNBC — IPO pricing details and $1.77 trillion valuation confirmation
- Yahoo Finance — June 12 listing date and pricing confirmation
- Forbes — SpaceX 2025 revenue and year-over-year growth figures
- SpaceNews — share count and offering structure details
