SpaceX is targeting a June 11 pricing date for an initial public offering that would raise approximately $75 billion and hand the company a post-money valuation of roughly $1.8 trillion. If that number holds, it would be the largest IPO in history, by a wide margin.
The company plans to sell around 555.6 million shares at a fixed price of $135 each, with a trading debut expected the following day on Nasdaq under the ticker symbol SPCX. Institutional orders have reportedly already exceeded $10 billion, suggesting the offering is significantly oversubscribed before a single share changes hands on a public exchange.
What SpaceX is actually selling
The IPO prospectus highlights two core revenue engines. The first is SpaceX’s launch business, which has effectively become the default taxi service for getting payloads into orbit. The second, and increasingly dominant story, is Starlink, its satellite internet constellation that has quietly grown into one of the most ambitious telecommunications buildouts in modern history.
But the prospectus also gestures toward something more speculative: space-based data centers designed to serve AI workloads.
