Business
Jun 15, 2026
SpaceX’s $75 Billion IPO: What It Means After Going Public
SpaceX launched the largest IPO in history, pricing 555.6 million shares at $135 to raise $75 billi…
SpaceX's Record‑Breaking $75 Billion IPO UnveiledOn June 12, 2026, SpaceX priced 555.6 million shares at $135 each, raising a historic $75 billion—the biggest public offering ever. The company listed on the Nasdaq, opening at $150 and immediately posting an 11% pop.Shares offered: 555.6 millionIPO price: $135 per shareTotal capital raised: $75 billionListing venue: NasdaqFirst‑Day Trading Surge and Financial MetricsInvestor appetite drove the stock higher throughout the day. By 2:30 pm ET, shares traded at $186.15, a >15% gain from the opening price. The session closed at $160.95, up 19% overall.Peak intraday price: $186.15Closing price: $160.95 (+19%)Trading volume: record‑breaking on platforms such as RobinhoodUnderwriting fees: ~$500 million split mainly between Goldman Sachs and Morgan StanleyImplications for the Space Industry and Musk’s Corporate PowerThe IPO cements Elon Musk’s control, giving him roughly 85.1% of voting power and a monarchical grip on corporate decisions. The influx of public capital fuels SpaceX’s Starlink expansion, AI compute contracts (e.g., Anthropic’s $1.25 billion/month deal, Google’s $920 million/month deal), and the ambitious Starship program.Voting power retained by Musk: 85.1%2025 financials: $18 billion revenue, $4.9 billion loss (cumulative loss > $37 billion)Potential employee wealth: ~4,400 staff could become millionairesSpeculation of a SpaceX‑Tesla merger sparked by COO Gwynne Shotwell’s commentsWhat Lies Ahead for SpaceX’s Market TrajectoryAnalysts warn of possible dilution as the company may issue additional shares under the “green‑shoe” option. Ongoing lock‑up periods will keep a large portion of insider stock illiquid, potentially smoothing price volatility. Long‑term, the capital raise positions SpaceX to accelerate satellite broadband, AI compute services, and deep‑space missions, but execution risk remains high given historic losses.Potential dilution: new shares up to 15% of the offeringLock‑up expiry: staggered releases could affect supply/demand dynamicsStrategic focus: Starlink growth, AI compute leasing, Starship development
#SpaceX
#Elon Musk
#Nasdaq
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