SpaceX raised $75 billion, the largest IPO ever in US history.
The company debuted with a market value of $1.77 trillion.
SpaceX could become the world’s seventh-largest company on day one.
SpaceX has officially entered a new chapter after its long-awaited debut on the Nasdaq stock exchange on June 12, 2026. The company, founded by Elon Musk, has spent years as one of the world’s most valuable private firms.
SpaceX entered the stock market with a share price of $135 per share. Through its initial public offering, also known as an IPO, the company raised an enormous $75 billion. This has officially become the largest IPO ever in the history of the United States stock market.
Based on total shares available after the public launch, the company now has a market valuation of nearly $1.77 trillion. This number immediately places SpaceX among the biggest corporate giants on the planet.
At a valuation of $1.77 trillion, SpaceX now stands close to the world’s largest companies such as Apple, Microsoft, Nvidia, Amazon, Alphabet, and Saudi Aramco.
If the stock price remains stable after the opening bell, SpaceX could directly take the position of the seventh-largest company in the world by market capitalization. If heavy investor demand pushes the stock price higher during the first trading session, the firm may climb even further on the list.
Also Read - SpaceX IPO Plans $75 Billion Raise as Starlink Profits Fund Costly AI Expansion
For many years, people saw SpaceX as the aerospace firm that built rockets and sent satellites into orbit. Today, the business has become much larger than that.
Its Falcon 9 rocket system changed the space industry by cutting launch costs through reusable rockets. At the same time, the company’s Starship project has become central to future Moon and Mars missions.
Another huge business comes from Starlink, the satellite internet network that now serves millions of customers around the world. This service has helped SpaceX build a strong commercial business outside rocket launches.
Financial reports released before the IPO show that SpaceX generated nearly $18.7 billion in revenue during 2025. For most companies, this would already be a major success story.
However, SpaceX still reported a net loss of around $4.9 billion last year. The reason is simple. The company continues to spend massive amounts of money on satellite expansion, research programs, launch infrastructure, and deep space technology.
Another major reason behind investor excitement came earlier this year when SpaceX completed the acquisition of xAI, Elon Musk’s AI firm. The deal valued the combined business ecosystem at nearly $1.25 trillion at the time.
This move changed how markets view SpaceX. Instead of only a space company, it now looks like a powerful mix of space technology, satellite communication, artificial intelligence, and future computing infrastructure.
Reports show that total retail investor orders crossed $70 billion, which is an unusually large number even for major public offerings. Nearly 30% of total IPO shares went to retail investors, a figure much higher than normal Wall Street IPO standards. SpaceX attracted both institutional investors and retail investors at a level rarely seen before.
SpaceX is worth nearly $1.8 trillion usually shows strong profits, but SpaceX continues to spend heavily and remains unprofitable. Critics also question whether such a massive valuation is realistic at this stage.
Another concern comes from company control. Official filings show that Elon Musk still controls about 82% voting power, which means outside shareholders have very limited influence over major decisions.
Also Read - SpaceX IPO Breaks Tradition with Record Retail Investor Share
Why it MattersSpaceX’s $1.77 trillion listing shifts the space economy into mainstream global finance. The massive public valuation despite deep losses proves Wall Street is willing to heavily subsidize capital-intensive, long-term tech like global satellite internet and orbital AI infrastructure.
A successful debut could immediately place SpaceX among the seven biggest companies in the world, proving that investors now place huge value on industries connected to space technology, AI, and global communication systems.
June 12, 2026, may eventually become known as the day when the commercial space industry officially entered the highest level of global finance.
For Wall Street and the wider technology world, this is much more than an IPO. It is a signal that the future economy may look very different from the one seen today.
SpaceX priced its historic initial public offering at $135 per share, giving the newly listed aerospace and AI giant an implied debut market valuation of $1.77 trillion.
The company raised a record-shattering $75 billion in gross proceeds. This figure could scale up even further if Wall Street underwriters exercise their overallotment options to sell additional shares.
It is officially the largest initial public offering in global financial history, completely blowing past the previous record set by Saudi Aramco’s $29.4 billion listing. It also marks a structural shift as major index providers have adjusted traditional rules to fast-track the trillion-dollar stock into major benchmarks.
No, SpaceX is currently unprofitable. Financial filings revealed that while 2025 revenue jumped to $18.7 billion, the company posted a net loss of roughly $4.9 billion. This loss was driven by intensive capital expenditure on Starship development, Starlink constellation expansion, and infrastructure costs for its newly integrated xAI orbital data centers.
Investor euphoria stems from the fact that SpaceX has evolved beyond a launch provider into a deep-tech conglomerate. Momentum is driven by Starlink's commercial dominance, a near-monopoly on commercial rocket launches, and its recent merger with xAI to build space-based AI supercomputing infrastructure.
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