SpaceX just pulled off the biggest IPO in history. And it wasn’t even close.
The aerospace company priced its shares at $135 on June 11, 2026, raising $75 billion in a single offering. By the time the closing bell rang on June 12, shares of SPCX on the Nasdaq had climbed to roughly $161, a 19% pop from the IPO price. That first-day surge pushed SpaceX’s market capitalization past $2.1 trillion, making it one of the most valuable public companies on the planet overnight.
More importantly for the history books: Elon Musk’s estimated net worth hit $1.1 trillion, making him the first person to ever cross that threshold. His SpaceX stake alone is now valued at around $690 billion.
Inside the numbers
To appreciate just how massive this IPO is, consider the context. The previous record for a public debut belonged to Saudi Aramco, which raised $25.6 billion back in 2019. SpaceX nearly tripled that figure.
