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SpaceX Unveils Ambitious $75 Billion IPO, Targeting $1.77T Valuation

SpaceX Unveils Ambitious $75 Billion IPO, Targeting $1.77T Valuation

Post by : Bianca Haleem

SpaceX has revealed its intention to raise up to $75 billion through an Initial Public Offering (IPO), potentially the largest in history.

Officially named Space Exploration Technologies Corp., the firm plans to issue 555.6 million shares at $135 each. This pricing would value the company at around $1.77 trillion.

With SpaceX's status as a leading player in private space and satellite technology, this offering is likely to draw keen interest from investors.

Notably, founder Elon Musk will not divest any of his personal stock during the offering. After the IPO, he is projected to hold an 82.4% voting majority, ensuring his substantial influence in the company's future direction.

If successful, SpaceX's IPO would set a remarkable benchmark for the largest public offering ever, highlighting the burgeoning confidence in the space sector and the company's growth trajectory.

June 4, 2026 12:58 p.m. 1664
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