SpaceX has finalized the pricing for its highly anticipated initial public offering, setting shares at $135 each and targeting a valuation of approximately $1.77 trillion in what would be the largest stock listing in history.
The company plans to list on the Nasdaq stock exchange on June 12 under the ticker symbol SPCX. The offering is expected to raise approximately $75 billion, nearly tripling the previous record set by Saudi Aramco’s 2019 IPO.
According to filings with the U.S. Securities and Exchange Commission, SpaceX will offer 555.6 million shares of Class A common stock. The company has engaged Goldman Sachs as the lead underwriter, with Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase serving as additional bookrunners.
SpaceX reported revenue of approximately $18.7 billion for 2025, representing a 33 percent increase from the previous year. The company’s Starlink satellite internet service accounts for roughly 69 percent of total revenue.
Following the listing, founder Elon Musk will retain approximately 82 percent of voting control, ensuring continued dominance over company decisions despite the public offering.
The IPO comes shortly after SpaceX’s Starship V3 rocket completed its maiden flight in May 2026. The company conducts more orbital launches annually than any other provider globally.