SpaceX has officially priced its shares at $135 each in what becomes the largest IPO in history, raising $75 billion and surpassing Saudi Aramco's 2019 record. The company's unusual pre-pricing strategy attracted four times the available shares, with potential for an additional $11 billion through an over-allotment option. This IPO is set to make Elon Musk the world's first trillionaire and marks a significant milestone for the commercial space industry.
Background
SpaceX, founded by Elon Musk in 2002, has revolutionized the space industry with reusable rockets and ambitious projects like Starlink satellite internet. The company's decision to go public comes after years of speculation and represents a major shift in the commercial space sector.
- Source
- TechCrunch
- Published
- Jun 12, 2026 at 04:33 AM
- Score
- 9.0 / 10