SpaceX Eyes Record Listing With $75bn Fundraise

SpaceX has announced that its shares are expected to be offered at a minimum price of $135 (£100) when the company begins public trading on Friday. The highly anticipated initial public offering (IPO) is projected to become the largest stock market listing in history. The proposed share price matches the estimate SpaceX provided a week earlier and values the company at nearly $1.8 trillion. Through the IPO, the space exploration and artificial intelligence (AI) firm aims to raise approximately $75 billion

If shares debut at $135 or higher, founder and chief executive Elon Musk—already the world’s wealthiest person—could become the first individual with a net worth exceeding $1 trillion.

A successful debut at the target price would immediately place SpaceX among the most valuable companies globally. However, the stock’s performance after listing will depend on investor demand and market sentiment. Once trading begins, the share price may rise if investors view the offering as undervalued, or fall if they believe it is overpriced.

The company will list on the technology-heavy Nasdaq exchange, and industry analysts are closely watching the IPO as a major test of investor appetite for AI-focused businesses. SpaceX is expected to be the first of three major AI-related public offerings this year, with OpenAI and Anthropic also reportedly preparing to go public later in 2026