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SpaceX has formally outlined plans for what is poised to become the largest initial public offering (IPO) in history, disclosing intentions to sell approximately 555.6 million shares at $135 each in a deal that could raise around $75 billion.
The company filed an amended S-1 registration statement with the U.S. Securities and Exchange Commission, confirming it will list on the Nasdaq under the ticker symbol: SPCX. Pricing is scheduled for June 11, with shares expected to begin trading as early as June 12, according to multiple reports citing the filing and sources familiar with the matter.
The offering would value SpaceX at approximately $1.77 trillion at the $135 price point, positioning it among the world’s most valuable publicly traded companies immediately upon debut. This surpasses all previous IPO records.
SpaceX, founded in 2002, has grown into a leader in reusable rocket technology, satellite internet via its Starlink constellation, and crewed spaceflight for NASA. The company reported $18.7 billion in revenue for 2025 from Starlink subscriptions, launch services, and other operations, though it posted net losses of $4.9 billion amid heavy capital expenditures on Starship development, satellite production, and AI-related initiatives.
Elon Musk, who serves SpaceX as CEO, is expected to retain significant control post-IPO through super-voting shares, maintaining around 82% voting power. The IPO comes after years of private funding rounds that had already valued the company in the hundreds of billions.
Goldman Sachs is acting as lead underwriter, with participation from other major banks including Morgan Stanley. The company has reportedly allocated a larger-than-usual portion of shares—potentially up to 30%—for retail investors.
SpaceX confidentially filed initial paperwork in April 2026, accelerating its timeline amid faster-than-expected SEC review. The roadshow for institutional investors is expected to begin shortly.
The IPO proceeds are expected to fund further Starlink satellite deployments, launch infrastructure, and advanced projects including Artificial Intelligence (AI) computing clusters. Musk shared a video that details the SpaceX’s long-term goals, linked below.
— Elon Musk (@elonmusk) June 4, 2026
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