SpaceX IPO Set to Become Largest in History at $1.77 Trillion Valuation

Clara Molot

1d ago· 5 min readenNews

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SpaceX has launched the largest initial public offering in history, pricing 555.6 million shares at $135 each for a valuation of $1.77 trillion, according to multiple reports. The company raised approximately $75 billion in the offering, which Variety noted encompasses rocket manufacturing, satellite internet (Starlink), AI operations, and ownership of X. Coverage from bsky stated the IPO is expected to create roughly 4,000 new millionaires and could make Elon Musk the world's first trillionaire, with figures including Peter Thiel and Anthony Scaramucci also set to benefit. Shares are scheduled to begin trading on the Nasdaq.

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Summary

SpaceX is preparing for its highly anticipated IPO under the ticker SPCX, offering 555.6 million shares at $135 each, with a market cap of $1.77 trillion—making it the largest IPO in history, surpassing Saudi Aramco. The public offering is expected to create approximately 4,000 new millionaires, multiple billionaires, and potentially make Elon Musk the world's first trillionaire. Key figures including Peter Thiel, Anthony Scaramucci, and even 2 Chainz stand to benefit from the listing.

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· 3 pulled

Come Friday, the initial public offering of SpaceX, Elon Musk's space-exploration-meets-AI mishmash company, is expected to mint around 4,000 new millionaires

Under the ticker SPCX, the company plans to sell 555.6 million shares at $135 apiece—bringing its total market cap to $1.77 trillion and making it the largest IPO in history

The IPO record is currently held by Saudi Arabia's state-owned oil company, Saudi Aramco, which had a $1.7 trillion valuation when it went public in 2019

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Elon Musk’s historic public offering stands to make him a trillionaire and mint an entire new class of the 1 percent, complete with Peter Thiel, Anthony Scaramucci, and 2 Chainz.

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