SpaceX is going public. The company plans to raise $75 billion in what would be the largest initial public offering ever conducted, surpassing Saudi Aramco’s 2019 record.

The offering is priced at $135 per share across roughly 555.6 million Class A shares, implying a total company valuation of approximately $1.77 trillion.

The numbers behind the launch

The IPO has reportedly been oversubscribed by three to four times, with more than $250 billion in total interest from a mix of institutional and retail investors. Up to 30% of the shares may be allocated to retail buyers.

Trading is expected to begin on the Nasdaq under the ticker SPCX on June 12, 2026.

SpaceX’s employee equity grants are expected to mint roughly 4,000 new millionaires, including non-executive staff.

Elon Musk’s ownership stake in SpaceX could make him the world’s first trillionaire upon the IPO’s completion.

Two decades in the making

SpaceX has operated as a private company since its founding in 2002, building its reputation on two primary pillars: reusable rocket technology and Starlink, its satellite internet constellation.

Some on-chain trading platforms and prediction markets have modeled SpaceX at potential valuations as high as $2 trillion, reflecting broader bullish sentiment around Musk-led enterprises and the growing commercial space sector.

What this means for crypto investors

SpaceX has no native crypto token and no direct blockchain integration. Analysts have flagged the possibility that some investors may rotate capital out of Bitcoin and Ethereum to participate in the IPO.