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SpaceX Prices Record $75 Billion IPO at $135 Per Share
By Aurax Desk | June 12, 2026 | 2 min read
SpaceX has completed the largest initial public offering in U.S. history, raising $75 billion and achieving a valuation approaching $1.8 trillion. The company begins trading on the Nasdaq today under the ticker SPCX, underscoring strong investor demand while renewing debate over whether its valuation can be sustained.
A SpaceX rocket lifts off during a commercial mission as the company prepares for its first day of public trading following its record-setting IPO.
NEW YORK (AP) — SpaceX priced its long-awaited initial public offering at $135 per share on Thursday, completing a record-breaking stock market debut that values the aerospace and satellite communications company at roughly $1.77 trillion. The offering raised about $75 billion through the sale of more than 555 million shares, making it the largest IPO ever completed in the United States. Shares are scheduled to begin trading on the Nasdaq on Friday under the ticker symbol SPCX after investor demand far exceeded the number of shares available.
The IPO marks a major milestone for Elon Musk and one of the most significant public listings in modern market history. Founded in 2002, SpaceX has grown into a dominant force in commercial spaceflight through its Falcon rocket program, Starlink satellite internet network and government launch contracts. The company has attracted investors with its expanding role in global communications infrastructure and its ambitions to further develop space transportation and exploration technologies. Musk is expected to retain significant control of the company following the offering.
The SpaceX IPO is expected to be the largest in history, drawing global attention from investors and markets.
Despite the strong interest from institutional and retail investors, some analysts have raised concerns about whether the company's valuation can be justified by future earnings growth. Reports indicated that demand from individual investors exceeded expectations, leading underwriters to reduce retail share allocations before final pricing. The debut is expected to serve as a closely watched test of investor appetite for large-scale technology and growth-company offerings, with market participants monitoring whether SpaceX can support one of the highest valuations ever assigned to a newly public company.
Sources: Reuters, BBC News, CNBC, The Guardian and Forbes.