SpaceX is set to go public on Nasdaq under the ticker SPCX, using an unconventional fixed-price IPO structure. The company will offer shares at $135 each, aiming to raise approximately $75 billion. This bypasses the typical bookbuilding process, where banks gauge investor demand before setting a price.
The implied post-IPO valuation of roughly $1.75 trillion would surpass the record set by Saudi Aramco in 2019. Goldman Sachs is among the lead underwriters, and the deal includes a significant allocation for retail investors, a departure from previous mega-IPOs.
SpaceX filed its S-1 prospectus with the SEC on May 20, 2026, with roadshow marketing starting June 4. Pricing is expected after market close on June 11, and trading is set to begin June 12.
Analysts have dubbed this the "first autonomous IPO," reflecting the audacity of dictating value rather than negotiating it. In this fixed-price model, the risk shifts to buyers who must decide whether $135 per share is a fair entry point.