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SpaceX plans to set IPO price at $135 per share, targeting record $75 billion raise, source says

3 June 2026, 11:02 am

1 min read

FILE PHOTO: The SpaceX Starship and Super Heavy Booster creates sound waves as it lifts off on its 12th test flight from the SpaceX launch complex in Starbase, Texas, U.S., May 22, 2026. REUTERS/Steve Nesius/File Photo

In a surprise move ahead of its investor roadshow, Elon Musk’s SpaceX plans to fix its IPO price at $135 ‌per share to raise a record-setting $75 billion, according to a source familiar with the matter.

Why it matters

The rocket and satellite communications company plans to sell 555.6 million shares, the source said. The listing leads a wave of high-profile private companies preparing to test public markets after years of muted large-cap IPO activity, with SpaceX expected to be followed by artificial intelligence giants OpenAI and Anthropic.