Elon Musk’s SpaceX has made history by completing the largest initial public offering (IPO) ever, raising an unprecedented $75 billion and achieving a market valuation of approximately $1.77 trillion.
This is based on reports about the announced SpaceX IPO and market filings available as of June 11, 2026.
The landmark listing cements SpaceX as one of the world’s most valuable companies and brings Musk closer than ever to becoming the world’s first trillionaire.
Musk, who retains more than 80 percent of the company’s voting power following the IPO, remains firmly in control of SpaceX despite the public listing.
The billionaire entrepreneur’s stake in the company has significantly boosted his personal wealth, placing him within striking distance of the trillion-dollar milestone that many analysts once considered unimaginable.
The company priced its shares at $135 each, selling roughly 555.6 million shares in a deal that shattered the previous IPO record set by Saudi Aramco in 2019.
SpaceX is expected to begin trading on the Nasdaq under the ticker symbol “SPCX.”
The blockbuster offering values the rocket, satellite internet and artificial intelligence company at nearly $1.8 trillion, instantly placing it among the largest publicly traded firms in the United States.
The valuation reflects investor confidence in SpaceX’s dominant position in commercial space launches, its rapidly growing Starlink satellite internet network, and its ambitious AI and space infrastructure projects.
Investor demand for the offering was exceptionally strong as reports indicate that orders from retail and institutional investors far exceeded the number of shares available which highlights the intense appetite for one of the most anticipated stock market debuts in recent years.
The IPO also marks a major turning point for the broader U.S. stock market. Analysts view the successful debut as a potential catalyst for other high-profile technology companies considering public listings, particularly in the artificial intelligence sector.
Despite the excitement, some analysts have warned that SpaceX’s valuation may be difficult to justify based on current financial performance.
The company reported billions of dollars in losses last year as it continued investing heavily in next-generation rockets, AI infrastructure, Starlink expansion, and long-term plans for lunar and Mars missions.
For investors, the IPO represents a rare opportunity to gain direct exposure to a company that has transformed the economics of space travel and built one of the world’s largest satellite internet networks.
While for Musk, it is another milestone in a career defined by ambitious bets that have repeatedly reshaped entire industries.
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