SpaceX raises $75B in the biggest-ever IPO, pricing 555.6M shares at $135 each, giving it a market value of $1.77T

SpaceX has made history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world's first trillionaire.

Bloomberg 2026-06-11 Bailey Lipschultz

Context & Ripple Effects

The related coverage tracks SpaceX from its IPO filing through a Nasdaq debut above the offering price and an initial close that implied a valuation above the filing target. It also records later trading that briefly put the shares below the IPO price, underscoring that the listing created a continuously priced public asset rather than a one-time valuation event.

The offering’s scale—$75 billion—was positioned in the coverage as larger than Aramco’s 2019 IPO. That makes the transaction consequential both for SpaceX’s access to public capital and for the market’s willingness to absorb exceptionally large technology listings.

First-order effects

SpaceX receives $75 billion of gross IPO proceeds and becomes publicly traded, giving it a substantially larger capital base while subjecting its valuation to daily public-market pricing.
Elon Musk’s wealth becomes more directly tied to SpaceX’s public share price; the subsequent debut and later decline in related coverage show the immediate sensitivity of that stake to market trading.

Second-order effects

The deal sets a demanding benchmark for bankers, institutional investors, and other large private companies considering public offerings: they must assess whether public markets can support similarly large raises and valuations.
SpaceX’s new public-market profile increases investor scrutiny of its execution and capital use, while early volatility makes price discipline and aftermarket support more important for participants in the offering.

Third-order effects

If very large private technology companies can repeatedly raise at this scale in public markets, the boundary between late-stage private financing and public-market capital formation may shift toward larger, more mature IPOs.
The mixed early trading suggests that record-size listings can broaden access to ownership without eliminating valuation risk; the durability of this model will depend on whether public demand holds beyond the debut.

The trend: SpaceX’s listing is a data point in the return of mega-IPOs as a route for capital-intensive private technology companies to tap public markets at trillion-dollar-scale valuations.

Discussion

SpaceX SpaceX on x
Space Exploration Technologies Corp. Announces Pricing of Initial Public Offering
@spacex @spacex on x
Teams are go for launch with a $135 price per share for the SpaceX IPO → https://spacexipo.com/...
@garymarcus Gary Marcus on x
For those about to invest in SpaceX, 1. Please don't say you weren't warned. You were. Many times, by many people. For many reasons. 2. Thousands of Elon's thousands future great-grand children will thank you for your donations.
@leevalueroach Lee Roach on x
SpaceX is the most overhyped IPO of the decade and it will end exactly the way every overhyped IPO ends. Facebook IPO'd at $38 and traded under that for 15 months. Uber IPO'd at $45 and is still below that adjusted seven years later for a while. WeWork tried at $47 billion and
@marypcbuk Mary Branscombe on bluesky
dammit, the way Wise does interest on balances is through BlackRock money market accounts so everyone with money in Wise earning interest is now exposed to $5bn of SpaceXAI — and is that family Trump? [embedded post]
@rmac18 Ryan Mac on x
Remember when Elon Musk told investors that Twitter would 5x its revenue to $28 billion by 2028 and more than 4x its users to nearly 1 billion? Well, that's no where near happening. Instead he's made even loftier predictions for a much larger company that will go public tomm.
@rmac Ryan Mac on bluesky
Inside the skeptics' views of the Spacex IPO www.nytimes.com/2026/06/11/t...
@jessefelder.com Jesse Felder on bluesky
'In a pitch to private investors, Elon Musk once predicted that Twitter would quintuple its revenue to more than $26B. Instead, the social media platform's ad revenue plunged 65% last year. And it was ultimately folded into SpaceX this year.' www.nytimes.com/2026/06/11/t...
@elonmusk Elon Musk on x
This is the way
@rupertlowe10 Rupert Lowe MP on x
A Restore Britain Government will aim to prosecute officials and politicians who knowingly placed dangerous third world savages in our communities. This will apply retrospectively. A great number of people will go to prison for what has been inflicted on our communities.
@elonmusk Elon Musk on x
@punishablepress Yes, and that day cannot come soon enough
@jackmurphyrgr Jack Murphy on bluesky
Some people may read The Most Dangerous Man and think my rogue's gallery of villains is over the top...but they aren't at all really. — www.yahoo.com/news/us/arti...
@spaceprez @spaceprez on bluesky
He's a white supremacist and extremely dangerous — www.yahoo.com/news/us/arti...
@joelhs Joel S. on bluesky
I really don't see how staying on X is an ethically defensible choice after this. It is a far-right network that stokes anti-migrant violence, which depends on having some non-far-right users to maintain its reputation as an influential platform. www.yahoo.com/news/us/arti...
r/EnoughMuskSpam r on reddit
Elon Musk accused of fuelling unrest after Belfast knife attack
Sasja Beslik Sasja Beslik on linkedin
More than $70 billion from retail investors is pouring into SpaceX, in what may be the perfect symbol of our age. …
r/worldnews r on reddit
SpaceX's IPO Raises $75 Billion in Biggest Debut of All Time
r/SpaceXBets r on reddit
SpaceX Raises $75 Billion in Record-Breaking IPO, Valued at $1.8 Trillion - Bloomberg
@karlbode.com Karl Bode on bluesky
questions were raised, some investors say

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