SpaceX Launches Record-Breaking $75 Billion IPO at $135 Per Share

SpaceX has officially priced its initial public offering at $135 per share, raising a record $75 billion through the sale of 555.56 million shares. The offering values the aerospace, satellite and artificial intelligence company at approximately $1.77 trillion, making it one of the most valuable publicly traded companies in the United States.

The listing is expected to place SpaceX seventh among U.S.-listed firms when trading begins on Nasdaq. The deal surpasses the previous IPO record set by Saudi Aramco in 2019.

Elon Musk Maintains Control After IPO

Retail Investors Receive Major Share Allocation

SpaceX set aside 30% of the offered shares for retail investors, an unusually large allocation for an IPO. Elon Musk will retain 82% of the company’s voting power after the listing, preserving strong control over corporate decisions.

Starlink and Future Growth Plans

Starlink currently generates most of SpaceX’s revenue and serves millions of customers across 164 countries and territories. The company also recently secured a multiyear cloud services agreement with Google.

SpaceX estimates its long-term market opportunity at $28.5 trillion, citing growth in satellite communications, space services and artificial intelligence. Analysts say investor attention will now focus on whether the company can support its massive valuation as trading begins.