SpaceX Sets $135 Share Price for Record-Breaking $1.77 Trillion IPO

SpaceX, the aerospace and artificial-intelligence firm founded by Elon Musk, announced on Wednesday, June 3 2026, a single offering price of $135 per share. At that price the company would be valued at $1.77 trillion, making the offering the largest initial public offering (IPO) in history. The planned float would raise $74.4 billion for SpaceX and is expected to begin trading on the Nasdaq under the ticker symbol SPCX next week. Unlike most issuers, SpaceX did not publish a preliminary price range, opting instead for a fixed price that could be adjusted only in exceptional circumstances.

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SpaceX’s valuation in February 2026 stood at $1.25 trillion; the new price represents a more than 40 percent increase. The decision arrives as the market anticipates similarly large IPOs from artificial-intelligence firms OpenAI and Anthropic, both of which have filed confidentially for public listings and carry valuations near $1 trillion. The current record for an IPO is held by Saudi Aramco, which was valued at $1.7 trillion and raised over $29 billion in 2019. If finalized, SpaceX’s offering would exceed the total proceeds of all U.S. IPOs combined over the previous two years.

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• Share price: $135

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• Proceeds: $74.4 billion

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• Post-offering valuation: $1.77 trillion

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• Increase over February valuation: >40 %

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• Musk’s 50 % stake value: >$860 billion (subject to operational-milestone restrictions)

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• Comparison: Saudi Aramco’s $1.7 trillion valuation and $29 billion raised; SpaceX’s proceeds would be more than every U.S. IPO combined in the last two years.

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SpaceX did not provide a comment when approached for remarks. Matthew Kennedy, senior IPO market strategist at Renaissance Capital, described the scale of the offering: “more than every U.S. I.P.O. combined in the last two years.” Analysts anticipate that the fixed price will likely remain unchanged, though the company retains the ability to modify it before the offering opens.

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The IPO is poised to reshape capital flows in Silicon Valley and on Wall Street, creating a new corporate titan and potentially setting a benchmark for forthcoming AI-focused listings. The influx of $74.4 billion could fund SpaceX’s ambitious launch schedule, satellite-constellation expansion, and AI research, while also reinforcing Elon Musk’s status as the world’s richest individual.

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• No official response from SpaceX regarding the pricing decision.

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• Details on the exact date of Nasdaq debut and any regulatory conditions were not disclosed.

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• The precise allocation of proceeds among SpaceX’s business units remains unspecified.

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• “more than every U.S. I.P.O. combined in the last two years,” — Matthew Kennedy, Renaissance Capital

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