SpaceX stock now trades on Nasdaq at $135 per share after the company completed the largest initial public offering in history, raising $75 billion and valuing the aerospace and satellite company at approximately $1.77 trillion.
The IPO priced on June 11 at the fixed $135-per-share level that SpaceX had announced, and shares began trading under the ticker SPCX on Nasdaq on June 12. The $75 billion raised far exceeds the previous record set by Saudi Aramco, the state oil giant that raised $29.4 billion when it went public in December 2019—a record that stood for nearly seven years.
SpaceX sold 555.56 million shares in the offering, according to Reuters and Investing.com. The company’s decision to set a fixed IPO price, rather than use a traditional price range, broke with Wall Street convention and gave investors no room to negotiate the opening valuation.
For retail investors seeking to buy SpaceX stock, several major brokers have made shares available. Fidelity will allow customers with as little as $2,000 in a brokerage account to participate, according to Fidelity’s own guidance and reporting by the Wall Street Journal and Barron’s. Robinhood and Charles Schwab also allocated shares directly to retail traders, as reported by CNBC and Forbes. This direct retail access was unusual for an IPO of this scale; historically, large offerings have been restricted largely to institutional investors and wealthy individuals.
The IPO values SpaceX at approximately $1.77 trillion, making it one of the world’s largest public companies by market capitalization on day one. The company, founded by Elon Musk, operates the Starlink satellite internet service, develops the Falcon and Starship rockets, and has expanded into artificial intelligence ventures through its xAI subsidiary.
SpaceX’s path to the public markets accelerated in spring 2026. The company filed its S-1 registration statement on May 20 and moved quickly toward an IPO, targeting a June 12 Nasdaq debut, according to Reuters. The IPO drew massive investor demand, with orders reportedly exceeding $250 billion—more than three times the $75 billion being offered—according to social media commentary cited in Google search results.
Sources
- Reuters — Confirmed SpaceX IPO price of $135 per share, $75 billion raised, and largest IPO ever; provided details on number of shares sold (555.56 million)
- Investing.com — Confirmed $75 billion raise, $1.77 trillion valuation, and record IPO status
- The New York Times — Confirmed $135 IPO price and largest public offering claim
- TechCrunch — Confirmed $135 per share and largest IPO status
- The Motley Fool — Provided Saudi Aramco IPO comparison ($25.6 billion raised in 2019)
- Fidelity — Confirmed $2,000 minimum account balance for retail IPO access
- Wall Street Journal — Confirmed Fidelity’s $2,000 minimum and broker participation
- CNBC — Confirmed Robinhood and Fidelity retail access to IPO shares
- Forbes — Confirmed Charles Schwab, Fidelity, and Robinhood as retail allocation platforms
- South China Morning Post — Provided Saudi Aramco 2019 IPO comparison
