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Silicon Republic
SpaceX raises record-setting $75bn in IPO debut
Elon Musk’s SpaceX recorded a historic $75 billion in its initial public offering debut, with shares priced at $135 each. The offering attracted over $100 billion in demand, allowing the company to secure a market value of approximately $1.7 trillion. This IPO sets a critical financial benchmark as similar tech companies, particularly in the AI sector, prepare for their public offerings amidst a competitive investment climate.
MonitorConfidence: HighImmediate horizon
Published 12 Jun 2026, 10:55 UTC3 min read
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Summary
TL;DR
- SpaceX raised $75 billion in its IPO, debuting under the symbol 'SPCX'.
- Elon Musk holds over 82% of voting power post-IPO.
- The IPO drew demand exceeding four times the available shares.
- Major venture firms like Founders Fund and Andreessen Horowitz gained significant returns.
- The offering positions SpaceX as a leader amidst expected competition from other tech IPOs.
Interesting facts
- Retail investors in select countries placed over $100 billion in orders for SpaceX stock.
- The IPO surpassed previous records for the highest capital raised on debut.
- SpaceX's IPO value exceeds its last reported valuation of $1.2 trillion.