SpaceX to raise $75 billion at $1.77 trillion valuation in its upcoming IPO

SpaceX priced its highly anticipated IPO on Thursday, June 11, 2026, at $135 per share, hitting that massive $75 billion raise and commanding a market valuation of $1.77 trillion.

It is scheduled to officially begin public trading on the Nasdaq under the ticker SPCX.

Here is a breakdown of the key details and why this listing is turning the financial world upside down:

1. Crushing Previous Records

To put this $75 billion raise into perspective, it completely obliterates the previous all-time IPO record held by Saudi Aramco, which raised $25.6 billion in 2019. At $1.77 trillion, SpaceX instantly debuts as one of the top 10 most valuable publicly traded companies on Earth—opening with a higher valuation than giants like Alphabet, Meta Platforms, and Berkshire Hathaway.

2. The AI Twist (xAI Merger)

SpaceX is no longer just a rocket and satellite company. Earlier this year, Elon Musk merged his artificial intelligence startup, xAI (the creators of Grok), directly into SpaceX. The $75 billion influx of cash is explicitly earmarked to scale up massive AI compute infrastructure, alongside expanding Starlink and Starship launch facilities.

3. High Demand, High Valuation Risks

Despite overwhelming investor demand—which reports indicate was up to four times oversubscribed—the company's financials have drawn caution from some analysts.

• The Losses: SpaceX reported $18.67 billion in revenue for 2025, but walked away with a net loss of $4.94 billion, largely dragged down by massive, pre-revenue AI investments from the xAI division.

• The Multiple: At $1.77 trillion, the company is trading at a steep price-to-sales ratio of roughly 95x its 2025 revenue.

How to Prepare for SpaceX’s Historic IPO: A Complete Guide for Retail Investors

 

SpaceX, Elon Musk’s groundbreaking aerospace and satellite company, is on the verge of making history with what is poised to become the largest initial public offering (IPO) ever. With shares expected to price at $135 on June 11, 2026, and begin trading the following day under the ticker SPCX on Nasdaq, this event represents a rare opportunity for everyday investors to own a piece of one of the most ambitious companies in the world.

Unlike traditional IPOs that heavily favor institutional investors, SpaceX is allocating a significant portion—potentially up to 30%—directly to retail participants through major brokerages. This democratized approach could mark a shift in how public debuts are handled, but it also comes with substantial risks and intense competition. Whether you’re a seasoned trader or a first-time investor excited by Starlink, Starship, and humanity’s multi-planetary future, proper preparation is essential.

 Understanding the IPO Timeline and Scale

As of June 9, 2026, the countdown is on. SpaceX plans to price its offering after market close on June 11, with public trading commencing on June 12. The company intends to sell approximately 555.6 million shares at $135 each, raising around $75 billion and targeting a valuation between $1.75 trillion and $1.8 trillion.

This dwarfs previous records, surpassing even Saudi Aramco’s landmark debut. The valuation reflects SpaceX’s dominance in reusable rocketry, its Starlink satellite internet constellation serving millions globally, and growing synergies with Musk’s other ventures, including xAI. Revenue for 2025 reportedly reached about $18.7 billion, but analysts note the IPO multiple sits near 94–100x trailing sales—a premium that underscores both excitement and skepticism.