SpaceX has announced plans for a landmark initial public offering (IPO) later this month, aiming to raise up to $75 billion and potentially setting a new record for the largest stock market listing in history.
The aerospace and space technology company, formally known as Space Exploration Technologies Corp, intends to offer 555.6 million shares at a price of $135 per share, a structure that would value the company at approximately $1.77 trillion upon listing.
The offering represents one of the most significant public market debuts ever attempted, reflecting strong investor interest in the rapidly expanding commercial space industry and SpaceX’s dominant position within it.
Despite the scale of the listing, CEO Elon Musk will not sell any of his personal shares as part of the IPO. He is expected to retain a controlling position in the company, maintaining an estimated 82.4% voting majority, ensuring continued strategic control post-listing.
The IPO marks a major milestone for SpaceX as it transitions further into public markets while continuing to expand its role in satellite communications, space launch services, and long-term interplanetary development initiatives.
