Filing: SpaceX aims to raise $75B in its IPO, selling 555.6M shares for $135 each, which would value it at almost $1.77T, eclipsing Aramco's $29.4B IPO in 2019

SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time, as Elon Musk's rocket, satellite …

Bloomberg 2026-06-04 Bailey Lipschultz

Context & Ripple Effects

Related coverage traces a rapid progression from reports of a confidential filing and a potential $75B raise to a public filing specifying 555.6M shares at $135, followed by reports that the offering was completed at those terms.

The filing would move SpaceX from a closely held company into public markets at a scale that dwarfs prior IPOs, making its financing choices and market performance relevant beyond its existing private investors.

First-order effects

SpaceX would receive $75B in new IPO proceeds, substantially expanding the capital available to the company under the terms disclosed in the filing.
The offering would establish a public-market valuation near $1.77T and give public investors a direct, liquid way to own SpaceX shares; Elon Musk’s wealth is correspondingly more exposed to public-market pricing.

Second-order effects

A transaction of this size would absorb significant investor capital and underwriting capacity, raising the bar for other large prospective listings competing for the same institutional demand.
The reported share-price move around the $135 issue price shows that SpaceX’s valuation will be tested continuously after listing rather than set periodically through private transactions.

Third-order effects

If public markets continue to accommodate very large raises by capital-intensive technology companies, IPOs could again become a primary financing route for companies once expected to remain private longer.
The scale of the offering also concentrates more market value in companies tied closely to prominent founders, increasing the importance of disclosure, governance, and execution scrutiny after listing.

The trend: SpaceX’s filing is a data point in the return of the mega-IPO as a mechanism for financing and repricing capital-intensive technology businesses in public markets.

Discussion

@thestalwart Joe Weisenthal on x
Holy crap. On the eve of the IPO, SpaceX employees are organizing! ✊✊✊ https://www.bloomberg.com/... [image]
@stocksavvyshay Shay Boloor on x
$SPCX is reportedly targeting a $135/share IPO by selling 556M shares and raising ~$75B. That would value SpaceX near $1.75T making it one of the largest IPOs in market history. [image]
@stocksavvyshay Shay Boloor on x
SpaceX is targeting an IPO at $135 per share. Elon Musk's shares would remain locked up for 366 days following the IPO limiting insider selling pressure during the first year [image]
@marsuniversityx @marsuniversityx on x
$135 per share. $75 billion. $1.75 trillion. The largest IPO in human history just got a price tag — before the roadshow even starts. That's not normal. Companies spend weeks giving ranges, narrowing them, building demand, then pricing the night before debut. SpaceX skipped [imag…
@edludlow Ed Ludlow on x
At $135 a share for spaceX, Elon Musk would be worth $988 billion - outlined @TheTerminal
@munster_gene Gene Munster on x
When discussing how @SpaceX will trade in the month after its IPO, the $1.77T valuation is less important. The bigger number is the $75B primary raise (potentially $86B with overallotment), which should fuel an IPO pop given the very limited float. Longer term, there should be …
@edludlow Ed Ludlow on x
We also reported that SpaceX is looking at $135 a share and 556.5 million shares seeking to raise $75 billion. Highly unusual in terms of chronology of roadshow, a price range and marketing of the IPO. But @elonmusk doesnt do things the way public company execs do.
@sawyermerritt Sawyer Merritt on x
SpaceX has just officially announced that it plans to raise $74.4 billion in its IPO, targeting a $135 per-share price and selling approximately 555.55 million shares, according to a new SEC filing. That would give @SpaceX a target IPO valuation of about $1.75 trillion. [image]
Joseph Wang Joseph Wang on linkedin
Box spread requested explicitly by SpaceX employees! Bloomberg's Yiqin Shen reported on some interesting behind-the-scenes details on the mega IPO …
r/technology r on reddit
SpaceX Seeks $75 Billion in Record IPO Plan to Fund AI, Launch (Gift Article)
Alex Dryden, CFA Alex Dryden, CFA on linkedin
All 10 of the largest companies in the S&P 500 could soon be tech and AI firms... SpaceX, Anthropic and OpenAI are all reportedly preparing for public listings …
@carlquintanilla Carl Quintanilla on bluesky
“.. In total, the federal staffers held SpaceX or xAI stock worth at least $9.9 million and as much as $43.8 million, according to the disclosures ..” — @bloomberg.com $SPCX — www.bloomberg.com/news/article... [image]
@petertl Peter Thal Larsen on bluesky
After an extensive process involving most of the world's largest investment banks, the answer to what SpaceX is worth is...the precise number that Elon Musk started with. — www.reuters.com/business/med...
@peark.es George Pearkes on bluesky
We've got early pricing guidance for the $SPCX IPO: $75bn on offer at a $1.75trn valuation. — www.reuters.com/business/med...
r/EnoughMuskSpam r on reddit
SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
r/technology r on reddit
SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
r/FluentInFinance r on reddit
SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
@shiraovide Shira Ovide on bluesky
Congrats to the SpaceX employees who discovered collective bargaining. www.bloomberg.com/news/article...
r/Rich r on reddit
SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP Terms
@brian_armstrong Brian Armstrong on x
Pre-IPO perps are great to get exposure to private companies before they go public (outside the U.S. only for now) and to help with price discovery. Now on Coinbase with SpaceX as our first listing.
@herbertong Herbert Ong on x
🚨 SpaceX is reportedly planning to price its IPO at $135 per share, giving the company a massive $1.75 trillion valuation. The company aims to raise $75 billion, which would make it the largest IPO ever. Reports also suggest up to 30% of shares could go to retail investors, [imag…
@askslim Steve Miller on x
SpaceX is expected to debut on Thursday around $135 a share. That implies a valuation of $1.75 trillion, or roughly 94x sales. Morningstar analysts stated that SpaceX's valuation should be less than half of that figure, closer to $780 billion. The stock market is weakening
@wallstreetbets @wallstreetbets on x
BREAKING: SpaceX plans to sell 555.6M shares at $135 in its IPO that would raise $75 BILLION largest IPO in history by a mile SpaceX would be valued around $1.77 TRILLION retail is about to go insane for $SPCX
@marionawfal Mario Nawfal on x
SpaceX's IPO is coming, but what's the word on the street? $135/share, 555M new shares, massive $75B all-primary raise at ~$1.75T. Straight cash to Starship, Starlink dominance & AI compute. The roadshow kicks off this week, SPCX Nasdaq debut June 12. Morningstar wants to [image]
Sasja Beslik Sasja Beslik on linkedin
In a move that will surely be studied by future economists under the chapter titled “Warning Signs We Cheerfully Ignored,” …
r/business r on reddit
Goldman Sachs expects SpaceX's AI revenue to surge 100 times by 2030

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