SpaceX is set to go public next week with a target valuation of approximately $1.75 trillion, a figure that would make it the most valuable company to ever hit the public markets on day one. The listing is expected on the Nasdaq under the ticker SPCX, with pricing scheduled for June 11 and formal trading beginning June 12.

The company plans to sell less than 5% of its outstanding shares, raising roughly $75 billion in the process. To put that in perspective, Saudi Aramco’s record-breaking 2019 IPO raised about $25.6 billion. SpaceX is aiming to nearly triple that in a single offering.

The road to listing

SpaceX filed confidentially with the SEC back in April 2026, with the details becoming public around May 20-21. A roadshow is set to kick off on June 8, giving institutional investors a few days to evaluate the pitch before pricing locks in on June 11.

The original target valuation reportedly exceeded $2 trillion. That number was adjusted downward to the current $1.75 trillion range due to what sources describe as various market factors.