SpaceX IPO Makes History as the Largest Public Offering Ever
Jun 16, 2026 By MarketDepth
SpaceX officially became a public company in June 2026 after completing a record-breaking initial public offering (IPO). The aerospace and satellite communications company raised approximately $75 billion by selling shares at $135 each, making it the largest IPO ever completed. The company’s stock began trading on the Nasdaq under the ticker symbol SPCX and quickly attracted strong investor interest.
Founded in 2002 by Elon Musk, SpaceX transformed the space industry through innovations such as reusable rockets, commercial crew missions, and the global Starlink satellite network. Over the past two decades, the company evolved from a startup focused on launch services into one of the world’s most valuable technology and aerospace enterprises.
The IPO valued SpaceX at roughly $1.77 trillion, placing it among the largest publicly traded companies in the world. Demand for shares was exceptionally strong, with the offering reportedly oversubscribed by investors seeking exposure to the rapidly growing space economy. Following its market debut, the stock traded above its IPO price, pushing the company’s market value beyond $2 trillion.
A major driver of investor enthusiasm is SpaceX’s diverse business model. In addition to its launch operations, the company generates significant revenue from Starlink, which provides satellite internet services across the globe. Investors also see long-term potential in SpaceX’s ambitions for deep-space exploration, advanced satellite technology, and future missions to Mars.
