SpaceX is set to go public at a landmark valuation of at least $1.8 trillion on June 12, 2026, under the ticker SPCX on Nasdaq. This would make it the most valuable company ever to debut via an IPO.
The company plans to offer 555.6 million shares at around $135 each, with proceeds reaching up to $75 billion. The initial private valuation was around $800 billion, meaning existing shareholders could see a more-than-double return.
A dual-class share structure will cement Elon Musk's control, granting him between 82% and over 85% of voting power post-IPO. This insulates the company from activist investors and boardroom fights. Musk also runs Tesla, leads xAI, and owns X.
The IPO will be underwritten by 21 banks, led by Morgan Stanley, Goldman Sachs, and JPMorgan. The SEC granted an expedited review.