SpaceX seeks US$75 billion in record IPO
June 3, 2026 — SpaceX plans to sell 555.6 million shares at 75 billion raise and ~$1.77 trillion valuation. Nasdaq debut under SPCX expected June 12.
All-primary offering — proceeds to company, no insider selling at IPO. Musk retains 82%+ voting control. 366-day lock-up on Musk shares.
Proceeds earmarked for orbital AI compute, Starlink direct-to-cell, AI semiconductor production with Tesla, lunar/Mars ambitions. Would top Aramco’s $29.4B record IPO and open path for OpenAI and Anthropic mega-listings.
Lead underwriters: Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, JPMorgan plus 18 others.