SpaceX went public on June 11, 2026, and in doing so, broke every record in the IPO playbook. The company priced its shares at $135 each on Nasdaq, raising $75 billion in the largest initial public offering ever conducted. For context, the previous record holder, Saudi Aramco, raised $29.4 billion back in 2019. SpaceX didn’t just beat that number. It nearly tripled it.
The offering involved the sale of 555.6 million shares, placing SpaceX’s pre-trading valuation at roughly $1.8 trillion. But the market wasn’t content to let the stock sit at its IPO price. Shares opened between $150 and $162, pushing the company’s market capitalization above $2 trillion in early trading.
Musk crosses the trillion-dollar line
Elon Musk’s stake in SpaceX, including options, vaulted his net worth past $1 trillion, making him the world’s first trillionaire on paper.
Before the IPO, estimates placed Musk’s wealth somewhere between $780 billion and $982 billion. The listing added approximately $188 billion to that figure in a single day.
