Photo by SpaceX on Unsplash

SpaceX Prices Record $75 Billion IPO at $135

businessJun 13, 2026·346 words·3 min read

Elon Musk's SpaceX has priced its initial public offering (IPO) at $135 per share, raising $75 billion and setting a record for the largest stock-market debut in history. The company sold roughly 555.6 million shares and will begin trading on the Nasdaq Composite Index on Friday under the ticker symbol "SPCX". The offering values the rocket, satellite and artificial-intelligence firm at about $1.77 trillion, according to the New York Post, or $1.

SpaceX builds rockets and runs Starlink, a network of satellites that gives internet from space. Even though people can now buy its shares, Musk will keep most of the control. He holds more than 84% of the voting power. Some experts think the price is too high. The research group Morningstar says each share is worth only $63. A US senator, Elizabeth Warren, asked the government to delay the sale.

Many people still wanted to buy. Investors asked for three to four times more shares than were available. But only about 20% of shares were kept for ordinary people, so most will not get any. SpaceX lost $4.9 billion in 2025, but people are still excited. Experts say other technology companies may sell their shares later this year too.

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