SpaceX Sets Terms For Record $75 Billion Initial Public Offering
SpaceX set terms on Wednesday, June 3, 2026, to sell 555.6 million shares at $135 each in an initial public offering that could raise up to $75 billion.[1]
The offering would value SpaceX at about $1.77 trillion, making it the largest IPO ever by proceeds.[1] Elon Musk will retain roughly 82.4% of voting power through 5.22 billion Class B shares that carry 10 votes apiece.[1]
The company's prospectus says proceeds will support continued work on the Starship rocket, lunar programs and long-term plans to colonize Mars.[1] The filing sets the terms for a sale this month as SpaceX moves its private valuation into the public markets.[1]
If markets accept that valuation, the IPO could boost Musk's wealth into the trillionaire range, a point highlighted in coverage of the filing.[1]
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📌 Key Facts
- On Wednesday, June 3, 2026, SpaceX set IPO terms to sell 555.6 million shares at $135 each this month.
- The offering would raise up to $75 billion and value SpaceX at about $1.77 trillion, the largest IPO ever by proceeds.
- Elon Musk will retain roughly 82.4% of voting power via 5.22 billion Class B shares with 10 votes per share.
- The prospectus says funds will support missions including Starship, lunar work and long-term Mars colonization plans.
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