New York, June 3, 2026: Elon Musk's SpaceX is reportedly preparing for one of the largest public offerings in history, with plans to set its Initial Public Offering (IPO) price at $135 per share, according to a Reuters report citing sources familiar with the matter.

The company aims to raise a record-breaking $75 billion by selling approximately 555.6 million shares, potentially valuing SpaceX at around $1.75 trillion.

In an unusual move, SpaceX is expected to fix the IPO price before its investor roadshow, departing from the traditional practice of announcing a price range and adjusting it based on investor demand.

The highly anticipated roadshow is scheduled to begin this week and is expected to attract significant interest from institutional and retail investors worldwide.

SpaceX, founded by Elon Musk, has become a dominant player in the space industry through its rocket launch services and the Starlink satellite internet network. Earlier this year, the company merged with Musk's artificial intelligence startup xAI in a deal that valued the combined businesses at approximately $1.25 trillion.

According to reports, proceeds from the IPO could be used to expand artificial intelligence infrastructure, strengthen the Starlink network, and support future projects, including advanced space exploration initiatives.

Market analysts believe the SpaceX listing could mark the beginning of a new wave of mega IPOs, with other major AI companies also expected to enter public markets in the coming years.

If completed as planned, the offering would rank among the largest IPOs ever and further cement SpaceX's position as one of the world's most valuable technology and aerospace companies.

Source: Reuters