SpaceX just put a price tag on the final frontier: $135 a share.
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 plans to sell approximately 555.6 million shares, raising around $75B in a single offering. 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. A formal S-1 filing landed in May 2026, following a confidential registration back in April. The underwriter roster includes Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and JPMorgan.
How SpaceX got here
Earlier in 2026, SpaceX merged with xAI, Musk’s artificial intelligence startup. That merger bundled space infrastructure with AI capabilities under a single corporate umbrella. The combined entity now spans rocketry, satellite communications, and large-scale AI development.
