SpaceX has outlined plans for a blockbuster public listing that would place the space and technology company among the most valuable businesses ever brought to market.
In a filing submitted to the US Securities and Exchange Commission on Wednesday, the company indicated an expected share price of $135, signalling a valuation of roughly $1.75 trillion.
The move marks one of the most closely watched IPO developments in recent years, with investors now assessing the scale and ambition behind Elon Musk’s privately held aerospace giant.
Massive Share Sale Could Raise Up to $75 Billion in Record Listing Attempt
According to the amended IPO filing, SpaceX intends to sell approximately 555.6 million shares at the proposed price of $135 each.
If fully executed, the offering would generate around $75 billion in capital.
That figure would immediately make it the largest public share offering in history, surpassing Saudi Aramco’s 2019 debut, which raised $25.6 billion and has long stood as the global benchmark for IPO fundraising.
The scale of the planned listing reflects both investor appetite for high-growth technology firms and SpaceX’s expanding commercial footprint in satellite communications, space launches, and advanced manufacturing.
“Greenshoe” Option Could Push Valuation Even Higher
The company’s fundraising total could climb further if underwriters exercise a standard over-allotment option, commonly known as a “greenshoe.”
This mechanism would allow additional shares to be sold beyond the initial offering.
Should that option be fully activated, SpaceX could raise as much as $86 billion.
Under those conditions, the company’s valuation could rise to approximately $1.78 trillion, further cementing its position among the most valuable private enterprises ever to go public.
Unusual Pricing Strategy Signals Strong Confidence Ahead of Market Debut
Unlike traditional IPOs, which typically announce a price range shortly before trading begins, SpaceX has opted to present a fixed expected price in advance.
That decision is widely viewed as an uncommon approach in public listings.
Ordinarily, companies rely on investor demand during the IPO roadshow to determine final pricing.
However, SpaceX’s method suggests a high level of internal confidence in its valuation expectations and investor interest.
The IPO is scheduled to list on the Nasdaq exchange on 12 June, with final pricing expected a day earlier on 11 June following the investor roadshow process.
Elon Musk’s Stake Could Push Him Toward Trillionaire Status
If the $135 per share valuation holds, Elon Musk—who reportedly controls more than 80% of SpaceX through his holdings—would see his wealth increase substantially.
Analysts suggest the outcome could place him in position to become the world’s first trillionaire.
The listing would also reinforce Musk’s dominance in two of the most influential companies in the United States, with leadership roles at both SpaceX and Tesla.
Capital to Fuel AI, Space Expansion and Semiconductor Ambitions
SpaceX has stated that proceeds from the IPO will be directed toward accelerating its long-term technological roadmap.
Key priorities include expanding artificial intelligence infrastructure, advancing space launch systems, and scaling its Starlink satellite internet network.
In addition, the company recently unveiled plans for a $55 billion investment in a Texas-based semiconductor facility, known as a “Terafab,” designed to produce chips for AI systems and robotics applications.
Tech Sector IPO Wave Reflects Intensifying AI Investment Race
The SpaceX filing arrives amid a broader surge of capital-raising activity across the global technology sector, driven largely by competition in artificial intelligence development.
AI firm Anthropic has confirmed plans for a US IPO, having already submitted preliminary documentation to regulators.
Meanwhile, Alphabet, the parent company of Google, recently expanded its equity fundraising effort to $85 billion.
OpenAI, the developer behind ChatGPT, is also widely expected to pursue a public listing in the near future, adding further momentum to the sector’s IPO pipeline.
Market Enthusiasm Meets Valuation Concerns
Despite the surge in tech listings and fundraising activity, investor sentiment remains mixed.
While enthusiasm for AI-driven growth continues to fuel valuations, concerns persist over whether current pricing levels across the technology sector are sustainable.
SpaceX’s potential IPO now sits at the centre of this debate, combining unprecedented scale with high expectations for future growth in space technology, AI infrastructure, and global connectivity.
