SpaceX officially prices shares at $135 in the largest IPO ever

2026-06-11 · Source: AI News & Artificial Intelligence | TechCrunch · Field: Finance & Economics — Capital Markets & Investment Management, Corporate Finance & Treasury · Depth: Fundamental Awareness, short

Summary

SpaceX has officially priced its shares at \$135 each, raising \$75 billion from underwriters for its Nasdaq debut on Friday under the SPCX ticker. This makes it the largest IPO in history, significantly exceeding Saudi Aramco's \$24.9 billion in 2019, and positions Elon Musk to become the world's first trillionaire. The company adopted an unusual pricing strategy, testing its \$135 target with investors beforehand, which resulted in the offering being four times oversubscribed. While initial trading could see fluctuations, a crypto betting market suggests a 20% "IPO pop," pricing shares at \$167. Long-term valuation questions persist regarding its ambitious engineering projects. Key beneficiaries include Musk, Antonio Gracias, Luke Nosek, Gwynne Shotwell, numerous venture capitalists, and smaller investors via special purpose vehicles.

Key takeaway

For investors considering SpaceX shares, understand that while the \$135 IPO price and \$75 billion raise are historic, market sentiment suggests an initial "pop" to around \$167. Be aware of the long-term valuation questions tied to its ambitious engineering projects and the complexities for SPV investors. Your entry point and holding strategy should account for both immediate market enthusiasm and future project execution risks.

Key insights

SpaceX's \$75 billion IPO, priced at \$135 per share, is the largest in history, signaling strong market demand despite unusual pre-market testing.

Topics

• SpaceX IPO
• Nasdaq Listing
• Share Pricing Strategy
• Institutional Investment
• Elon Musk Wealth
• Venture Capital Exits

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Editorial summary, takeaway, and curation by AIssential. Original article published by AI News & Artificial Intelligence | TechCrunch.