SpaceX's planned $75 billion IPO aims to be the largest ever. This sum is nearly three times the 2019 Saudi Aramco record. Saudi Aramco previously held the record for the largest IPO. SpaceX has raised $11.9 billion across 30+ funding rounds since 2002. Its valuation grew from $2.4 billion in May 2012 to $127 billion by June 2022. By February 2026, its combined valuation with xAI reached $1.25 trillion. The IPO may establish a public benchmark for the sector. Some analysts anticipate a valuation boost for other space stocks. This includes Rocket Lab and AST SpaceMobile. The IPO scale may draw capital from smaller space companies.
What to Watch
The IPO is scheduled for June 12, 2026, on Nasdaq under SPCX. SpaceX will offer Class A shares at $135 each. Up to 30% of shares are allocated to retail investors. This could contribute to higher initial trading volatility. Continued development of the Starship mega-rocket remains ongoing. Flight tests occurred in November 2024 and January 2025. Will SpaceX achieve its projected 2030 revenue targets?
Source: BBC Business | Enhanced with Deep Research
