From Dispatch Room
SpaceX has reportedly completed the largest initial public offering (IPO) in history, raising $75 billion and catapulting the aerospace giant into the ranks of the world’s most valuable publicly traded companies.
According to a Bloomberg report published on June 11, 2026, the Elon Musk-founded company priced 555.6 million shares at $135 each, generating proceeds of approximately $75 billion. The reported offering would more than double the previous IPO record set by Saudi Aramco, which raised $29.4 billion in 2019.
The report said investor demand for the offering was exceptionally strong, with the IPO said to have been significantly oversubscribed. The listing is expected to substantially increase the wealth of existing shareholders, employees, and early investors.
SpaceX, founded in 2002 by Elon Musk, has grown into one of the world’s leading aerospace companies through its Falcon rocket programme, Starlink satellite internet network, and the development of Starship, its next-generation spacecraft designed for missions to the Moon and Mars.
Bloomberg reported that the IPO places SpaceX among the world’s largest public companies and further strengthens Musk’s position among the richest individuals globally. Some analysts believe the listing could move the billionaire entrepreneur closer to becoming the world’s first trillionaire if SpaceX continues its rapid growth trajectory.
The company has become a dominant force in commercial spaceflight, securing contracts from governments, private companies, and international partners while expanding the reach of its Starlink communications network.
Market observers say the additional capital could accelerate investment in advanced launch systems, satellite infrastructure, deep-space exploration programmes, and future Mars missions.
The reported debut is expected to become a landmark event in financial and technology history, reflecting growing investor confidence in the commercial space sector and the long-term potential of private aerospace ventures.
Industry analysts note that the success of the offering could encourage other major privately held technology companies to consider public listings in the coming years.
— Newspot Nigeria
