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SpaceX IPO
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SpaceX IPO

WireByte Staff · June 11, 2026

SpaceX raises $75 billion in largest IPO ever, pricing shares at $135, with total demand reaching $250 billion, nearly 4x oversubscribed.

Key points

  • SpaceX, a space and AI conglomerate led by Elon Musk, has raised $75 billion from the sale of 555.6 million shares at $135 each.
  • The IPO is the largest in history, surpassing Saudi Aramco's $24.9 billion public markets debut in 2019.
  • Total investor demand has reached $250 billion, making the offering nearly four times oversubscribed, with BlackRock ordering $5 billion in shares.
  • The company will trade under the SPCX ticker symbol on the Nasdaq stock exchange, with up to 30% of the IPO allocated to public buyers.
  • Senator Elizabeth Warren has raised concerns about the IPO, citing SpaceX's governance structure and requesting a delay from the SEC.
  • The IPO could make Elon Musk the world's first trillionaire, with the company's valuation reaching approximately $1.77 trillion.

SpaceX, a leading space and AI conglomerate, has made history with its initial public offering (IPO), raising $75 billion from the sale of 555.6 million shares at $135 each. This surpasses the previous record held by Saudi Aramco, which raised $24.9 billion in its 2019 public markets debut.

The IPO has garnered significant attention, with total investor demand reaching $250 billion, nearly four times the amount of shares available. BlackRock, a prominent investment firm, has submitted an order for $5 billion in shares, demonstrating the high level of interest in the company.

The company will begin trading on the Nasdaq stock exchange under the SPCX ticker symbol, with up to 30% of the IPO allocated to public buyers. However, not everyone is enthusiastic about the IPO, with Senator Elizabeth Warren expressing concerns about SpaceX's governance structure and requesting a delay from the SEC.

Sources

WireByte Staff — Editorial Team

The WireByte editorial team synthesises technology news from multiple primary sources, verifies the facts, and links every source. Articles are produced with AI assistance and reviewed under our editorial policy.