SpaceX Finalizes IPO Price at $135 a Share in World’s Largest Public Offering

SpaceX, Elon Musk’s rocket and satellite maker, officially finalized its initial public offering price to become the world’s largest stock market debut, in a testament to the tech mogul’s influence and people’s belief in his business vision.

On Thursday, SpaceX confirmed its I.P.O. price was set at $135 a share and that it would sell more than 555 million shares, according to a company statement. That means SpaceX would raise around $75 billion from its offering, putting its valuation at $1.77 trillion.

With those numbers, SpaceX would shatter an I.P.O. record previously set by Saudi Aramco. Saudi Arabia’s state-owned oil company was valued at $1.7 trillion and raised more than $29 billion when it went public in 2019. SpaceX will begin trading publicly on Friday under the ticker symbol SPCX.

A SpaceX spokesman did not immediately respond to a request for comment.

SpaceX’s long journey to the stock market has been accompanied by many superlatives. Apart from being the biggest-ever I.P.O., SpaceX is also the most dominant space company from the world’s richest man. And it would become the benchmark for a wave of other offerings, which are all expected to unleash an avalanche of wealth across Silicon Valley and Wall Street, creating influential new titans in the process.

Article source: https://www.nytimes.com/2026/06/11/technology/spacex-ipo-price.html