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SpaceX Plans Record $75 Billion IPO, Could Make Elon Musk a Trillionaire

SpaceX plans to raise up to $75 billion in its IPO this month, setting the stage for the largest stock market debut ever. The company will sell 555.6 million shares at $135 each, giving it a market value of $1.77 trillion. The offering could make Elon Musk the world's first trillionaire.

June 3, 2026
2 min read
Source: Associated Press
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Key Numbers

IPO proceeds
75B
shares
555.6M
price per share
135
market value
1.77T

SpaceX (Space Exploration Technologies Corp.) announced it plans to raise up to $75 billion in an initial public offering (IPO) this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire.

IPO Details

The company said Wednesday it will sell 555.6 million shares at $135 apiece in the IPO. The offering would give SpaceX a market value of $1.77 trillion.

Context

The IPO comes amid rapid growth in the private space industry, with increasing interest in satellite communications and space tourism. SpaceX, founded by Elon Musk in 2002, has become a leader in the field thanks to its reusable rockets and Starlink project.

What This Means for Investors

The offering represents a rare opportunity for investors to participate in one of the world's most valuable private companies. However, the high valuation ($1.77 trillion) reflects ambitious growth expectations, and there may be risks related to competition and regulation.

Frequently Asked Questions

SpaceX plans to raise up to $75 billion in its IPO, making it the largest in history.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.