SpaceX is rewriting the IPO playbook. The company plans to raise $75 billion by selling roughly 555.6 million shares at $135 each, and it's reserving 25 to 30% of that float for individual investors.
In context: most large IPOs set aside just 5 to 10% for retail. SpaceX is tripling that baseline, at minimum.
At $135 per share, the post-IPO valuation hits $1.75 to $1.8 trillion. Pricing is set for June 11, 2026, with trading beginning June 12. Demand has already reached $150 billion-double the shares available.
Saudi Aramco’s 2019 IPO raised $25.6 billion and held the record for years. SpaceX is raising three times that.
A dedicated retail website and prospectus were released before the institutional roadshow ended, signaling where the company’s priorities lie.
With demand far outstripping supply, most investors won't get full allocations. Those who do secure shares at $135 could see immediate upside, but the $1.8 trillion valuation already prices in Starlink, Starship, and future ventures.