SpaceX IPO Projected To Raise Nearly $75 Billion USD
The company is also targeting a $1.75 trillion USD valuation.
Summary
- Expected to raise $75 billion USD at a $1.75 trillion USD valuation to become the largest IPO in history
- Shares are priced at a fixed $135 USD with public trading set to begin on the Nasdaq on June 12
- The company reported a 33% revenue increase to $18.67 billion USD in 2025 despite posting a net loss
SpaceX is preparing to disrupt Wall Street with an unprecedented public debut. The aerospace titan has officially priced its initial public offering at $135 USD per share. This bold move is projected to raise almost $75 billion USD and establish a massive $1.75 trillion USD valuation for the firm. The capital raise easily secures the title of the largest IPO in history and immediately vaults the company into the top tier of the most valuable publicly traded entities in the United States. Final pricing is locked in for June 11 before shares officially hit the Nasdaq under the ticker SPCX the following morning.
Commanding a 90x revenue multiple requires immense market confidence. Recent disclosures shed light on the financial realities driving this massive valuation. The company recorded a robust 33 percent increase in revenue to hit $18.67 billion USD during the 2025 fiscal year. This growth occurred alongside a net loss of $4.94 billion USD as the organization continues to pour capital into aggressive expansion and research. Because the firm operates without a direct public market benchmark, SpaceX can dictate its own terms to eager institutional buyers scrambling for allocations.
Elon Musk continues to rewrite traditional financial playbooks with a planned 30% retail allocation. Reserving such a massive tranche for individual buyers bypasses standard institutional gatekeepers and taps directly into a dedicated cultural following. Major international banks are under explicit directives to court wealthy private buyers globally instead of relying solely on giant hedge funds. This strategy democratizes access to SpaceX while further cementing founder control over the resulting public entity.
