Elon Musk's SpaceX raises $75 billion in record IPO debut: 10 things to know

Jun 12, 2026 - 12:30
Elon Musk's SpaceX raises $75 billion in record IPO debut: 10 things to know

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SpaceX is poised for a historic Wall Street debut, aiming to raise $75 billion and achieve a valuation of nearly $1.8 trillion. The company, now encompassing rocket launches, satellite internet, and AI, has seen significant revenue growth but reported a net loss. Institutional investors are showing strong demand for the offering.

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