SpaceX sets IPO price at $135 per share, targeting $75 billion raise and record $1.77 trillion valuation
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The largest IPO in history is about to land on Nasdaq, and the ripple effects could reshape how markets think about mega-cap tech listings.
Key facts
To put that in perspective, Saudi Aramco’s 2019 IPO, the previous record holder, raised about $25.6B
The company is expected to debut on the Nasdaq under the ticker SPCX around June 11-12, 2026
Even the largest tech IPOs of the past decade, think Alibaba at around $25B or Arm Holdings at roughly $5B, look modest by comparison
A formal S-1 filing landed in May 2026, following a confidential registration back in April
Summary
At that price, Elon Musk’s rocket and satellite company would command a valuation of roughly $1.77 trillion, making it the largest initial public offering in history. The company is expected to debut on the Nasdaq under the ticker SPCX around June 11-12, 2026. Earlier in 2026, SpaceX merged with xAI, Musk’s artificial intelligence startup. A $1.77T valuation would place SpaceX among the five or six most valuable companies on Earth the moment it starts trading.