SpaceX plans to raise $75 billion in its IPO at a $1.75 trillion valuation. The massive equity issuance could drain liquidity from crypto and risk assets.

SpaceX plans the largest IPO in history at $75B, reserving 30% of shares for retail investors. Demand has already hit $150B ahead of the June 2026 listing.

SpaceX plans a $75 billion IPO in June 2026 at $135 per share, targeting a $1.77 trillion valuation. Analysts question whether 90x sales multiples are