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

SpaceX said it raised $75B by selling 555.6M shares at $135 each ahead of Nasdaq trading under the SPCX ticker, surpassing Saudi Aramco’s record IPO. Demand was reportedly four times the available shares, with underwriters able to sell another 83.3M shares and prediction markets pointing to a possible first-day pop.

The listing would test public-market appetite for a company valued on ambitious space, satellite, and AI-adjacent growth plans rather than conventional near-term earnings. A strong debut could revive the market for mega-IPOs, while weak trading would signal investor caution around richly valued private tech champions.