SpaceX is preparing to go public on Nasdaq under the ticker SPCX with a pricing mechanism that Wall Street has never seen at this scale. The company has set a fixed price of $135 per share, bypassing the standard bookbuilding process where banks gauge investor appetite before settling on a number.

The offering aims to raise approximately $75 billion through the sale of 555.6 million shares. If successful, that would imply a post-IPO valuation of roughly $1.75 trillion, eclipsing the record set by Saudi Aramco’s 2019 debut.

How the “autonomous IPO” works

SpaceX filed its public S-1 prospectus with the SEC on May 20, 2026, following an earlier confidential submission. Roadshow marketing kicked off on June 4, with pricing expected after market close on June 11 and trading set to begin June 12.

The key difference: there’s no price range to haggle over. The $135 figure is the number, take it or leave it. Market analysts have called this the “first autonomous IPO,” a label that captures both the novelty and the sheer audacity of telling the market what you’re worth rather than asking.