SpaceX goes public on Friday: The largest IPO in history

Investors and traders worldwide are eagerly anticipating SpaceX's initial public offering (IPO). Owned by U.S. billionaire Elon Musk, the company represents the majority of Musk's wealth, with his stake valued at approximately $866 billion.

This IPO has the potential to become the largest ever, raising more capital than many of the most notable public offerings to date. There is a sense of measured excitement alongside cautious anticipation on Wall Street and social media. Industry experts are referring to this event as "the largest market event in history".

SpaceX is widely regarded as one of the most innovative companies in the world. Founded by maverick businessman Elon Musk, the company has revolutionized space technology through pioneering advancements in deep-space exploration, satellite communications, and reusable rocket technology. In 2025, SpaceX reported revenues of $18.7 billion, an increase from $14.0 billion in 2024 and $10.4 billion in 2023.

The Largest IPO Wave in Decades: An In-Depth Look

Elon Musk’s rocket and AI company is set to execute the largest initial public offering (IPO) in history on Friday, June 12th. The company aims to raise approximately $75 billion at a projected price of $135 per share, valuing it at nearly $1.77 trillion. Notably, the company has allocated 30% of shares to retail investors, which is roughly three times the traditional allocation. Trading is expected to commence on Nasdaq under the ticker symbol SPCX.

Exceptional Investor Demand

The opening day is anticipated to be one of the most closely watched trading sessions of the decade. SpaceX has garnered substantial interest from stock investors, potentially accelerating the flow of capital toward high-growth technology sectors. Reports indicate that individual investors have expressed demand exceeding $70 billion before the pricing of shares. A key factor driving investor enthusiasm is the rapid growth of Starlink, SpaceX’s satellite internet division.

Conclusion

If the IPO is priced near the anticipated levels, it has the potential to more than double Saudi Aramco’s 2019 record, establishing it as the largest in stock market history. However, it is important to recognise that, especially in highly sought-after IPOs, the opening trading price may significantly exceed the offering price. As a result, there may be significant price fluctuation on the first day of trade.

 

Warning! This material is not intended as investment advice. Past performance data does not guarantee future returns. Investing in foreign currencies may affect your returns due to their fluctuations. Any transaction in securities may result in both profits and losses. The assumptions and expectations set forth in this material are only estimates that may not be accurate and may change depending on current economic conditions. These statements do not guarantee future returns.