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Jun 12, 2026
Analyzed by Glm 4.5 Flash

SpaceX officially prices shares at $135 in the largest IPO ever

AI Summary
SpaceX has officially priced its shares at $135 each in the largest IPO in history, raising $75 billion. The valuation could make Elon Musk the world's first trillionaire as the company begins trading on the Nasdaq.

The Lead

SpaceX has officially confirmed its historic IPO, pricing shares at $135 each in what becomes the largest initial public offering in history. The space and AI conglomerate, founded by Elon Musk, has raised $75 billion from the sale of its shares to underwriters who will begin marketing the company on the Nasdaq stock exchange.

The Historic IPO Structure

The company, officially known as Space Exploration Technologies Corp., will trade under the SPCX ticker symbol. SpaceX has priced 555.6 million shares at $135 each, according to an update on its website. This offering dwarfs the previous record set by Saudi Aramco in 2019, which raised $24.9 billion during its public markets debut.

Financial Impact Analysis

At this price point, SpaceX's valuation is staggering. The deal is positioned to make Elon Musk the world's first trillionaire, given his significant ownership stake in the company. The offering includes an option for underwriters to sell an additional 83.3 million shares if demand exceeds expectations, which could raise another $11 billion at the opening price of $135 per share.

Market Expectations

As active trading gets underway, market participants are closely watching how SpaceX's share price will perform. Anecdotal reports suggest that big institutional investors and individual buyers are lining up to purchase shares in the 24-year-old technology company. Hyperliquid, a crypto betting market that offers synthetic exposure to SpaceX stock, currently prices the shares at $167, suggesting that market participants expect a classic 20% IPO pop on the first day of trading.

Future Outlook

In the longer term, questions remain about how SpaceX will justify its eye-popping valuation. The company's outstanding engineering projects, from the world's largest reusable rocket to a new American chip fab, fill up a daunting to-do list. The success of this IPO will ultimately depend on the company's ability to deliver on these ambitious projects and generate returns for investors.