SpaceX to Raise $75 Billion in IPO, Valued at $1.77 Trillion

2026-06-03

Offering price set at $135

U.S. SpaceX said on the 3rd that it plans to raise $75 billion (about 12 trillion yen) in a public offering linked to its initial public offering (IPO). The offering price is set at $135 per share, and the company's market capitalization at the IPO is expected to be about $1.77 trillion (about 283 trillion yen).

Among the largest IPOs ever

The deal would surpass the roughly $29 billion raised by Saudi Arabian state oil company Saudi Aramco in 2019, making it the largest IPO ever by funds raised. By market capitalization, it is also likely to be the biggest initial public offering in U.S. history.

Funds to go to AI and satellite network

The disclosure was made in a revised S-1 filing, the U.S. equivalent of a Japanese prospectus. The company plans to begin its roadshow, or investor presentations, on the 4th, and setting the offering price before meetings with institutional investors is said to be unusual. In the IPO, 555.55 million new shares will be issued, and the proceeds will be used for data centers for artificial intelligence (AI) development and for expanding the satellite network used for communications. No share sale by existing shareholders is planned.

Musk faces one-year sale restriction

Including about 12.5 billion outstanding shares before the listing, the market capitalization based on the offering price will be about $1.77 trillion. Shares held by CEO Elon Musk will be subject to a one-year sale restriction after the listing, in a move seen as signaling a long-term holding stance.

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