NEW YORK, June 11 – SpaceX has raised $75 billion in what is being described as the largest initial public offering in history, propelling the company into the ranks of the world’s most valuable publicly traded firms.
According to regulatory filings, the company priced 555.6 million shares at $135 each, resulting in total proceeds of approximately $75 billion. If underwriters exercise an additional share option, commonly known as a greenshoe, the fundraising could increase to $86 billion and push the company’s valuation to approximately $1.78 trillion.
The landmark listing highlights continued investor enthusiasm for companies positioned at the intersection of artificial intelligence, space technology and advanced infrastructure.
Investor demand reportedly exceeded the number of shares available by more than three times, with participation coming from major global asset managers, sovereign wealth funds and retail investors.
Individual investors accounted for a significant portion of demand, placing orders worth more than $100 billion. Retail investors are expected to receive between 20% and 25% of the shares sold, reflecting founder Elon Musk’s longstanding preference for broad shareholder participation.
The offering comes amid a broader resurgence in technology listings and growing investor appetite for companies linked to the artificial intelligence boom.
Market observers expect the transaction to pave the way for future public offerings from other leading AI firms as capital continues to flow into the sector.
SpaceX plans to use the proceeds to fund an ambitious expansion strategy spanning satellite infrastructure, artificial intelligence systems and next-generation space technologies.
Part of the capital will also be used to repay approximately $20 billion in bridge financing previously secured by the company.
Among its future initiatives, SpaceX is pursuing large-scale AI infrastructure projects, including concepts involving orbital data centers designed to overcome terrestrial energy constraints and support rapidly growing computational demands.
The company recently unveiled preliminary designs for an AI-focused satellite platform, underscoring its ambition to integrate space infrastructure with artificial intelligence applications.
Despite its lofty valuation, SpaceX remains a company in investment mode, with investors placing significant emphasis on future growth opportunities rather than current profitability.
At a potential valuation of $1.78 trillion, the company would rank among the world’s most valuable corporations and become one of the most closely watched technology and aerospace businesses globally.
The successful IPO also reinforces the growing convergence of the space economy and artificial intelligence, sectors that are increasingly attracting substantial capital from institutional and retail investors alike.
