The largest IPO in history

SpaceX lists on the Nasdaq as SPCX. This is the public picture of the offering, visualized from reporting. It is not a trading terminal.

T-minus to the open

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June 12, 2026 · 9:30 AM ET · Nasdaq open

Ticker

SPCX

Nasdaq

Offer price

$135.00

fixed, per share

Valuation

$1.77T

≈ 7th-largest US company

Amount raised

$75B

555.6M shares (+$11.2B greenshoe)

Biggest IPO ever, by capital raised

Reported deal size against the prior records.

SpaceX$75B

2026 · this listing

Saudi Aramco$25.6B

2019 · previous record

Alibaba$25B

2014 · largest US IPO to date

Valuation, for scale

Market value at the offer price.

SpaceX$1.77T

at $135/share

Tesla$1.6T

for reference

Demand against the raise

3.5-4x

oversubscribed

$75B sought, more than $250B in demand

Why the demand

The story underneath the numbers: more orbital launches per year than the rest of the world combined, 9M+ Starlink subscribers, and, after the 2026 merger, xAI inside the same company.