SpaceX just priced the most ambitious initial public offering ever attempted at $135 per share, putting its valuation somewhere between $1.75 trillion and $1.77 trillion before a single share trades publicly. To put that in perspective, the company would land among the ten most valuable US-listed companies from day one.
The offering aims to sell approximately 555.6 million shares and raise $75 billion, a figure that makes the previous record holder, Saudi Aramco’s $29 billion IPO in 2019, look like a Series A round by comparison. Trading on Nasdaq under the ticker SPCX is expected to begin as soon as June 12, 2026.
Musk’s playbook: fix the price, skip the circus
The $135 price was confirmed in an amended SEC filing on June 3, 2026, reflecting Elon Musk’s preference for controlling the process rather than leaving it to the usual Wall Street machinery. Fixing the price ahead of the traditional roadshow is a deliberate departure from how mega-IPOs have historically been managed.
The numbers behind the confidence
