SpaceX is preparing to go public at a fixed price of $135 per share, targeting a $75 billion raise that would obliterate every previous IPO record by a wide margin. The listing, scheduled for June 2-3, 2026, on the Nasdaq, would value the company somewhere between $1.75 trillion and $1.77 trillion after the offering closes.
To put that fundraise in perspective, Saudi Aramco’s 2019 IPO pulled in roughly $25.6 billion, which was considered a generational event. SpaceX is aiming to nearly triple that number in a single offering.
A fixed price and a thin float
SpaceX announced a fixed share price of $135 rather than the traditional indicative range that bankers typically use to gauge demand before settling on final pricing. The company plans to sell approximately 555.6 million shares. But only about 4% of SpaceX’s total shares will actually trade publicly.
Traditional banking involvement has been kept to a minimum. SpaceX is leveraging recent rule changes at Nasdaq and other index providers that allow large IPOs to qualify for quicker inclusion in major benchmarks like the Nasdaq 100. That matters because index fund inclusion essentially forces trillions of dollars in passively managed money to buy shares, creating a built-in demand floor.
