SpaceX just pulled off what every Silicon Valley founder dreams about and what every Wall Street banker salivates over: the largest initial public offering in recorded history. The company, officially Space Exploration Technologies Corp., priced its shares at $135, valuing the rocket maker at approximately $1.77 to $1.8 trillion and raising up to $75 billion in the process.
That number dwarfs Saudi Aramco’s 2019 IPO, which previously held the record. And for Elon Musk, whose ownership stake in SpaceX is substantial, the listing could push his net worth past the $1 trillion mark, a threshold no verified human has ever crossed.
The numbers behind the rocket ride
SpaceX began trading on the Nasdaq on June 12, 2026, under the ticker SPCX. The company sold 555.6 million shares at the $135 price point, a figure that reflects staggering institutional demand. The offering was oversubscribed, meaning investors wanted more shares than were available.
To put the $75 billion raise in perspective, most blockbuster IPOs struggle to crack $10 billion. Saudi Aramco’s 2019 debut, which raised roughly $25.6 billion, was considered a once-in-a-generation event. SpaceX nearly tripled that figure.
