SpaceX plans to raise $75 billion in initial public offering

SpaceX announced on June 3, 2026, that it intends to raise $75 billion in its initial public offering (IPO), which is anticipated to take place in the coming weeks. This amount would surpass the current global IPO record of $29.4 billion set by Saudi Aramco in late 2019 and the U.S. record of $25 billion set by Alibaba in 2014. The company plans to offer 555.6 million shares at a price of $135 each, which would value SpaceX at approximately $1.75 trillion. Originally focused on space launches, SpaceX now generates most of its revenue from its Starlink connectivity service. The company is also investing in artificial intelligence and orbital data centers, claiming that the AI sector has a total addressable market of $26.5 trillion, a figure that is difficult to verify.