Spacex Achieves Record $75B IPO With $135 Share Pricing

WHO:

Fast Company - Elon Musk is the founder of SpaceX.

Bloomberg - SpaceX is a space and AI conglomerate.

WHAT:

Techmeme - Founders Fund's ~3% stake in SpaceX is now worth over $50 billion, after investing $600 million.

Techmeme - a16z will receive the biggest return in its history, with a stake valued at over $10 billion.

Bloomberg Markets - SpaceX raised $75 billion in its initial public offering (IPO).

TechCrunch - SpaceX's IPO is officially priced at $135 per share.

Fast Company - SpaceX will sell 555.5 million shares of its Class A common stock.

Bloomberg - The total valuation of SpaceX is reported at $1.77 trillion.

Bloomberg Markets - The IPO is the largest ever, surpassing Saudi Aramco's market cap of around $1.74 trillion.

Fast Company - SpaceX has granted underwriters a 30-day option to purchase up to an additional 83.3 million shares at the IPO price.

WHERE:

Fast Company - The shares will begin trading publicly on the Nasdaq exchange under the ticker "SPCX."

WHEN:

Fast Company - Trading is set to begin on June 12.

Fast Company - The offering is expected to close on June 15.

WHY:

Fast Company - The IPO is highly anticipated and has generated significant media buzz, described as "blockbuster" and "record-breaking."

HOW:

Fast Company - SpaceX is making between 20% to 30% of its shares available to retail investors, significantly higher than the typical 5-10% allocation.

(UPDATED June 11, 2026 23:22 UTC)

Founders Fund's approximately three percent stake in SpaceX has skyrocketed to a value exceeding fifty billion dollars, following an investment of six hundred million. Meanwhile, a16z is set to enjoy the largest return in its history, with its stake now valued at over ten billion dollars. These developments highlight the immense financial growth associated with investments in the space industry.

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(UPDATED June 11, 2026 21:41 UTC)

SpaceX, founded by Elon Musk, has officially raised $75 billion in its initial public offering, pricing shares at $135 each and setting a total valuation of $1.77 trillion. This IPO, which will see 555.5 million shares of Class A common stock sold, is poised to be the largest ever, surpassing Saudi Aramco's market cap, and trading is set to begin on June 12 under the ticker "SPCX" on the Nasdaq exchange. Additionally, SpaceX is offering between 20% to 30% of its shares to retail investors, a significant increase compared to the usual allocation, and the offering is expected to close on June 15.