Retail investors are rapidly liquidating artificial intelligence and semiconductor holdings to secure capital for SpaceX’s upcoming initial public offering. The aerospace manufacturer, led by Elon Musk, is targeting a historic $75 billion raise with a projected valuation reaching $2 trillion.
Scheduled to begin trading around June 12, 2026, at $135 per share, the offering breaks traditional market conventions. SpaceX plans to allocate up to 30 percent of shares directly to retail buyers, translating to roughly $22.5 billion. Major brokerages, including Fidelity, Robinhood, Charles Schwab, and SoFi, are facilitating access, with Fidelity dropping its minimum investment threshold to $2,000.
Demand has already surged, with reports indicating the IPO is oversubscribed by four times its available supply. This unprecedented retail appetite is actively draining liquidity from other tech sectors. Beyond its aerospace operations, SpaceX enters the public market with a substantial digital asset position, holding between $600 million and $1.29 billion in Bitcoin. The debut coincides with anticipated public listings from OpenAI and Anthropic, setting the stage for a highly competitive cycle in technology capital markets.