Individual investors are selling positions in AI and semiconductor stocks to free up capital for SpaceX shares, a rotation that signals just how much gravitational pull Elon Musk’s rocket company exerts on the retail crowd.
The numbers behind the hype
SpaceX’s IPO is scheduled to price and begin trading around June 12, 2026, with shares set at $135 each. The company is targeting a valuation between $1.75 trillion and $2 trillion, a figure that would place it among the most valuable companies on Earth before it even trades publicly.
The offering aims to raise approximately $75 billion. To put that in perspective, Saudi Aramco’s 2019 IPO raised around $25.6 billion, which held the record for years. SpaceX would blow past that by a factor of three.
SpaceX plans to allocate up to 30% of the offering to retail investors. That’s roughly $22.5 billion worth of shares earmarked for individual buyers. The typical retail allocation in large IPOs sits between 5% and 10%, meaning SpaceX is tripling the norm at minimum.
