SpaceX is on the verge of making financial history with a record-shattering $75 billion IPO set for June 12, 2026. The public debut of Elon Musk’s aerospace and artificial intelligence powerhouse is poised to value the company at approximately $1.77 trillion, instantly making it one of the largest publicly traded entities in the world.
The Largest IPO in History
This offering is expected to more than double the previous record of $29.4 billion set by Saudi Aramco in 2019.
-
- Share Pricing: SpaceX has taken the unconventional step of setting a fixed price of $135 per share rather than a typical range.
- Stock Symbol: The company is slated to list on the Nasdaq exchange under the ticker SPCX.
- Retail Access: In a major break from Wall Street tradition, up to 30% of the shares may be reserved for individual retail investors.
The Path to Trillionaire Status
The IPO’s massive valuation is expected to push Elon Musk’s net worth past the $1 trillion mark, making him the first person in history to achieve this milestone.
-
- Musk’s Holdings: Musk owns roughly 42% of SpaceX plus millions of stock options. At the $135 IPO price, his total stake in SpaceX alone would be worth approximately $688 billion.
- Total Net Worth: When combined with his holdings in Tesla, xAI, and other ventures, analysts project his wealth will comfortably exceed $1 trillion upon the first day of trading.
- Ironclad Control: Despite going public, Musk will retain 82.4% of the voting power, ensuring he maintains absolute control over the company’s long-term mission to colonize Mars.
Why the High Valuation?
Investors are betting on SpaceX’s dominance in multiple frontier industries:
-
- Satellite Dominance: The Starlink internet service now serves millions of subscribers and is a primary revenue driver.
- AI Integration: Following a merger with Musk’s startup xAI in early 2026, SpaceX is now marketing itself as an AI infrastructure giant.
- Space Infrastructure: Future plans include “orbital AI compute” and data centers in space to provide sustainable power for energy-intensive AI models.
Financial Risks
Despite the hype, SpaceX’s financials show the high cost of space exploration. The company reported $18.7 billion in revenue for 2025 but recorded a net loss of nearly $5 billion as it continues to invest heavily in its Starship rocket and Starlink network.