Wall Street is about to have a very good quarter. The underwriting fee pool for SpaceX’s upcoming IPO clocks in at roughly $500 million, with Goldman Sachs and Morgan Stanley each set to pocket around $100 million for their roles as lead bookrunners.

The biggest IPO ever, by a wide margin

SpaceX is targeting a $75 billion raise at a valuation of approximately $1.75 trillion.

The company filed its S-1 registration statement with the SEC in May 2026, following a confidential filing the prior month. Shares are expected to be priced around $135 and will trade under the ticker SPCX on Nasdaq.

Pricing is set for around June 11, 2026, with shares expected to begin trading the following day.