SpaceX Targets Record-Breaking $75B IPO for June 12 Nasdaq Launch
SpaceX is gearing up for what could potentially be the most substantial initial public offering in history. Sources suggest a planned debut on Nasdaq on June 12, 2026, under the ticker symbol SPCX. The offering is set to raise up to $75 billion at a valuation of $1.75 trillion, shattering the previous IPO record by more than double.
Recent reports indicate that SpaceX intends to price shares at $135 each and sell approximately 555.6 million shares. The company filed Amendment No. 1 to its Form S-1 on June 1, with the roadshow expected to kick off on June 4. Elon Musk will retain substantial control with 42% equity ownership and 85% voting power.
The filing discloses that SpaceX generated $18.7 billion in revenue for 2025, a 33% increase year-over-year. However, the company reported a $4.94 billion net loss, largely driven by AI infrastructure investments. The IPO will include SpaceX’s rocket business, satellite internet service Starlink, and AI operations following the February 2026 merger with xAI. Retail investors are reportedly allocated 30% of the offering, a figure triple the typical allocation for mega-cap IPOs.
Source: https://www.techi.com/spacex-ipo/