SpaceX sold shares to the public on June 11, 2026, at $135 per share. It raised $75 billion in the process — more money than any company has ever raised by going public. The previous record was Saudi Aramco in 2019, which raised about $29.4 billion. SpaceX raised more than twice that.

The pricing values SpaceX at roughly $1.77 trillion. That makes it worth more than any other company traded on a stock exchange right now — at least at the moment the IPO priced. Stock prices move constantly, so this ranking will shift as people buy and sell shares. The company's shares now trade on the Nasdaq under the ticker symbol SpaceX.

SpaceX filed its formal financial documents with the SEC on May 20, 2026. That gave investors about three weeks to review the paperwork before the company actually priced the IPO. Most companies that go public spend six to eight weeks on what's called a "roadshow" — executives and bankers travel around pitching the deal to big institutional investors. SpaceX skipped the usual timeline. That tells us something: banks and investors already knew they wanted in. Years of trading SpaceX shares privately at rising prices had already shown that demand was there.

Putting the $75 billion in context

Seventy-five billion dollars is hard to picture. One way to think about it: the ten largest tech company IPOs in America over the past ten years, combined, brought in less money than SpaceX just did in a single day.

Saudi Aramco's 2019 IPO was itself a stunning event. It showed that an enormous, state-owned company could raise that kind of capital from global investors. SpaceX just showed that a private aerospace company can do the same thing.

The $135 price point reflects how the banks valued SpaceX's different business units. The company makes money from Starlink — a satellite internet service people pay for monthly. It makes money from rocket launches for governments and commercial customers. And it's working on bigger bets like Starship, which might eventually carry people point-to-point around the Earth. These aren't easy to value using standard formulas. Before SpaceX published its official financial numbers, people buying and selling shares privately had guessed at wildly different prices.

When SpaceX filed its official financial statements in May, public investors finally got access to hard numbers. Before that, the only pricing information came from private share sales — a messy, incomplete picture. Having real public financial data matters because it gives everyone the same benchmark to measure the company against.

What it means for the stock market

When a company enters the stock market at $1.77 trillion, big index funds take notice. The S&P 500, the most widely owned stock index in America, regularly adds new companies based on size and profitability. SpaceX is so large that index committees will very likely add it to their portfolios. When that happens, tens of billions of dollars will flow into SpaceX shares automatically — not because people carefully analyzed the company, but because index funds are designed to own a piece of every major company.

How SpaceX trades in the weeks and months after the IPO matters beyond SpaceX itself. Other companies waiting to go public, and the banks that would underwrite those deals, are watching closely. A successful, smooth IPO signals that the market is hungry for big new offerings. A messy one signals the opposite.

One more thing: SpaceX now has $75 billion in cash on its balance sheet. The company can use that money to finish building Starship, expand the Starlink satellite network, or buy other companies — all without having to sell more shares and dilute existing owners. Elon Musk, SpaceX's founder, kept a special class of shares that gives him voting control even though he doesn't own all the company. So SpaceX remains under his direction despite being public.

The price is locked in at $135. Now the market will decide whether that's the right price by what people are willing to pay when they trade the stock.