SpaceX IPO priced at $135 per share, boosting Musk’s wealth past $750 billion

The largest IPO in history would value SpaceX at roughly $1.75 trillion and cement Elon Musk's position as the world's wealthiest person by an almost absurd margin.

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Add us on Google by Editorial Team Jun. 4, 2026

SpaceX has priced its initial public offering at $135 per share, a number that would value the rocket and satellite company at approximately $1.75 trillion and make its founder’s existing stake worth more than $750 billion.

The company aims to raise roughly $75 billion by selling around 555.6 million newly issued shares, which would make this the largest IPO ever conducted. The previous record holder, Saudi Aramco’s 2019 debut, is about to look quaint by comparison.

What the filing reveals

SpaceX’s S-1 filing lays out the mechanics of what’s expected to be a Nasdaq listing under the ticker SPCX. The IPO is targeting a window around June 11-12, 2026, following a standard investor roadshow.

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Only newly issued shares will be available for purchase. That means existing shareholders, including early employees and venture backers, won’t be cashing out on day one.

Musk himself will retain approximately 82.4% of voting power after the IPO. His shares are also subject to a 366-day lockup period.

The company had previously been valued at approximately $1.25 trillion in February 2026 filings. The jump to $1.75 trillion at IPO pricing represents a 40% increase in just a few months.

Why this matters beyond the numbers

SpaceX has been private for more than two decades. During that time, it pioneered reusable rocket technology, built the Starlink satellite internet constellation into a global business, and became NASA’s primary partner for crewed spaceflight missions.

What this means for investors

Musk’s retention of 82.4% voting power means public shareholders have essentially zero governance power. The structure guarantees that SpaceX remains Musk’s company in every meaningful sense.

The lockup structure deserves attention too. With only newly issued shares trading and existing holders locked up for 366 days, the available float will be relatively small compared to the company’s total valuation.

The competitive landscape also shifts meaningfully. SpaceX’s public financials will now be visible to rivals like Blue Origin and Rocket Lab vying for launch contracts or satellite internet market share.

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