SpaceX plans to raise $75B in its IPO

Axios Axios —

SpaceX disclosed Wednesday that it plans to raise $75 billion in its initial public offering, which is expected to occur within a few weeks.

Why it matters: This would be the https://www.axios.com/2026/05/20/elon-musk-spacex-ipo" target="_blank">largest IPO ever, and it's not even close.

  • The current global record is $29.4 billion by Saudi oil giant Aramco in late 2019, while the U.S. exchange mark was set in 2014 by China's Alibaba with $25 billion.

Zoom in: SpaceX https://www.sec.gov/Archives/edgar/data/1181412/000162828026040364/spaceexplorationtechnologib.htm" target="_blank">says that it plans to offer 555.6 million shares at $135 per share.

  • It would be valued about $1.75 trillion at that price.

The big picture: SpaceX began as a space launch company and currently makes most of its money from the Starlink connectivity service.

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