SpaceX has priced its IPO at $135 per share, with trading set to begin the same day. The company confirmed the pricing in a post from its official X account on June 12, 2026, calling the IPO launch ready to go. At that level, the offering stands as the largest public listing ever by funds raised.
The deal is expected to bring in $75 billion. For comparison, Saudi Aramco, the previous record holder, raised $29.4 billion. The article says that once trading begins at the IPO price, Musk's net worth is estimated to move above $1.1 trillion, making him the first person to reach that mark on paper.
Retail orders nearly matched the full raise
Investor demand came in at unusual scale. Retail orders alone exceeded $70 billion, a figure close to the total amount SpaceX is raising. Bloomberg was cited as saying the offering drew demand equal to four times the shares available, reinforcing how heavily oversubscribed the sale became.
SpaceX also broke with standard IPO practice. Instead of setting a price range and letting the final number settle through bookbuilding, it chose a fixed $135 offer price. Investors could either accept it or walk away. That kind of pricing approach is rare in a deal of this size and reflected confidence that demand would hold.
Past mega-IPOs are part of the conversation
The source places SpaceX alongside earlier blockbuster listings. Saudi Aramco raised $29.4 billion in 2019, then rallied after listing before at one point falling roughly 50% below its offer price. Alibaba and SoftBank were described as having followed a similar arc: a strong debut, a euphoric peak, then a sharp correction.
The article also says reports are emerging of investors taking out bank loans to gain exposure to the IPO. That kind of leveraged participation is often read as a sign that expectations have climbed to extreme levels. In the short term, the piece says a first-day jump is the most likely outcome given the imbalance between supply and demand. The harder pricing test comes later.
Why the listing changes Musk's position
For Musk, the IPO is framed as more than a corporate event. The article says the bulk of his wealth now comes from SpaceX rather than Tesla, X, or his other ventures. By moving into public markets, that wealth shifts from private-market paper value into an asset with a public price and market liquidity.
SpaceX's listing also brings public-market exposure to businesses tied to Starlink, Starship, and its broader commercial space push. At the same time, a $75 billion raise at $135 per share puts a large burden on future performance. Investors buying at that level are paying for the company to justify the valuation from here.