C1338 words2:29News Report American AccentPublished Jun 4, 2026 · Updated Jun 4, 2026

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Elon Musk's SpaceX is poised to execute the largest initial public offering in history, with the company seeking to raise approximately seventy-five billion dollars through its stock market debut scheduled for the twelfth of June.

According to a regulatory filing released on Wednesday, the rocket, satellite, and artificial intelligence enterprise intends to sell 555.6 million shares at one hundred and thirty-five dollars each.

Should the IPO proceed as anticipated, SpaceX would command a market valuation of roughly 1.77 trillion dollars, surpassing Saudi Aramco's previous record-setting flotation in 2019.

Were the offering to achieve its target, it would constitute a watershed moment in capital raising, dwarfing Saudi Aramco's 25.6-billion-dollar IPO by a considerable margin.

Only six corporations listed on the blue-chip S&P 500 index currently exceed SpaceX's projected valuation, with the semiconductor giant Nvidia leading at 5.2 trillion dollars.

Notably, SpaceX remains loss-making, which raises pertinent questions about whether investors are pricing in the company's extraordinary growth trajectory rather than its present-day profitability.

Musk, the South African-born entrepreneur who also helms Tesla and the social media platform X, is not selling any of his personal shares in the offering.

He would retain 82.4 percent of the voting power, thereby maintaining decisive control over the company's strategic direction.

Forbes currently estimates Musk's net worth at 825 billion dollars, of which his SpaceX stake accounts for approximately 542 billion.

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The financial publication emphasized in April that a successful flotation would all but guarantee his wealth accumulation surpassing the one-trillion-dollar threshold.

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Given SpaceX's sheer magnitude, analysts anticipate that the company would carry a hefty weighting in the S&P 500 index upon inclusion.

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This means that the vast majority of individuals holding investment accounts or pension funds would inevitably gain exposure to its performance.

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Never before has a private company entered the public markets at such a staggering valuation, and the implications for both retail and institutional investors remain subject to intense scrutiny.

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Whether SpaceX can justify this extraordinary market valuation through sustained revenue growth is a question that only time will answer.

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SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

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