SpaceX Sets Stage for Historic IPO Valuation at $135 per Share

SpaceX has officially announced its Initial Public Offering (IPO) at a share price of $135, potentially setting the stage for the first trillion-dollar debut in U.S. market history. The company aims to raise $74.4 billion, surpassing the previous record held by Saudi Aramco. With a valuation of $1.77 trillion, this IPO could significantly impact Elon Musk's financial standing. Additionally, OpenAI and Anthropic are also preparing for their IPOs, contributing to a wave of anticipated public offerings. This article delves into the implications of these developments in the financial landscape.

By Narendra Chaudhary Jun 4, 2026, 09:07 IST

SpaceX's Groundbreaking IPO Announcement

SpaceX has taken a significant step by submitting its Initial Public Offering (IPO) documentation, pricing shares at $135 each. This strategic move could potentially mark the first trillion-dollar debut in the history of the U.S. stock market, further solidifying Elon Musk's impact across various sectors. The company aims to generate $74.4 billion from this offering, positioning it to surpass the 2019 IPO of Saudi Aramco in terms of both valuation and funds raised.

Previously, Saudi Aramco held the record with a valuation of $1.7 trillion and raised over $29 billion during its public offering in 2019. According to reports, the $135 share price values SpaceX at approximately $1.77 trillion, making it the largest IPO ever. This valuation reflects a significant increase of over 40% from the $1.25 trillion valuation the company estimated in February. Currently, SpaceX's Starlink division is its only profitable segment, contributing $11.4 billion in revenue and $4.4 billion in operating income in 2025.

Elon Musk, who owns a 50% stake in SpaceX, will see his shares valued at around $752 billion, although regulatory filings indicate that he cannot sell certain shares until the company achieves specific operational goals.

Anticipated IPOs from OpenAI and Anthropic

In addition to SpaceX, both OpenAI and Anthropic are generating considerable buzz regarding what could be the most awaited IPO wave in recent years. Anthropic is expected to go public by the end of this year, with a projected valuation of $900 billion. Meanwhile, OpenAI is collaborating with major financial institutions to prepare for its filing in the near future.

According to KPMG, global IPO activity in the first quarter of 2026 raised $42.6 billion across 251 transactions, marking a 45% year-on-year increase in proceeds, despite a 15% decline in deal volume compared to the previous year.