SpaceX Aims for Unprecedented $75 Billion IPO at $135 Per Share
Elon Musk’s SpaceX is preparing for a $75 billion IPO, setting a share price at $135, which would value the company at approximately $1.75 trillion.
Elon Musk’s SpaceX is gearing up to raise $75 billion in what may become the largest initial public offering in history. The company intends to sell 555.6 million shares at a price of $135 each, according to a source familiar with the situation, as reported by Reuters.
The suggested share price would assign the rocket and satellite company a valuation of approximately $1.75 trillion, positioning it among the most valuable publicly traded companies globally. The offering is anticipated to commence trading on the Nasdaq with the ticker symbol SPCX as soon as June 12.
In contrast to the typical approach taken by many large stock market listings, SpaceX intends to establish a fixed IPO price prior to the commencement of its investor roadshow. The company is allocating as much as 30% of the shares to retail investors, which is an uncommon approach for a deal of this magnitude.
The IPO will be organized as an all-primary offering, indicating that all proceeds will be directed entirely to SpaceX instead of to existing shareholders. Investors and company insiders, including Musk, will be prohibited from selling shares for a period of 366 days following the listing.
SpaceX intends to utilize the proceeds to support expansion initiatives, encompassing artificial intelligence infrastructure and its satellite operations, subsequent to its merger with Musk’s AI venture xAI earlier this year.
The company reported revenue of $18.67 billion in 2025, alongside a net loss of $4.94 billion. Starlink, the satellite internet division, stands as the sole profitable segment for the company, which continues to make substantial investments in space launch systems, satellite networks, and AI-related initiatives.
Prominent Wall Street banks, including Goldman Sachs and Morgan Stanley, are spearheading the offering. Analysts suggest that the flotation may establish a new benchmark for global IPOs and gauge investor interest in one of the most scrutinized technology listings recently.