SpaceX is preparing to go public in what would dwarf every initial public offering that came before it. The company plans to price shares at $135 each around June 11, 2026, targeting a raise of $75 billion that would value the firm at roughly $1.75 to $1.8 trillion.
For context, the previous record-holder for largest IPO was Alibaba’s $22 billion offering back in 2014. SpaceX is aiming to more than triple that figure. Investors, apparently, are not intimidated by the price tag: the offering is reported to be approximately four times oversubscribed.
Who’s lining up and why
The investor list reads like a who’s-who of global capital. Gulf sovereign wealth funds, including the Public Investment Fund of Saudi Arabia and the Abu Dhabi Investment Authority, are among the key pre-IPO backers. On the venture capital side, firms like Andreessen Horowitz and Sequoia have positioned themselves ahead of the listing.
Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley are all involved in the process.
