SpaceX is preparing to go public in what could become the single largest initial public offering ever conducted. The company plans to list on Nasdaq under the ticker SPCX, with trading expected to begin around June 12, 2026, at an initial price of $135 per share.

The target raise is $75B. That’s not a typo. At that figure, SpaceX would land at a valuation between $1.75 trillion and $1.8 trillion, placing it in the same atmosphere as Apple and Microsoft. For context, the previous record for a US IPO belonged to Saudi Aramco’s 2019 listing at roughly $25.6B. SpaceX is aiming to nearly triple that.

From rockets to Wall Street

SpaceX filed confidentially with the SEC in April 2026, then followed up with a public prospectus in May. Goldman Sachs and Morgan Stanley are leading the underwriting.

Institutional demand has been significant. The offering is reportedly oversubscribed by more than $10B, meaning investors want in at a pace that exceeds the available shares.