SpaceX sold 555.6 million shares at $135 per share, raising $75 billion in the largest IPO on record and granting underwriters a 30-day option on 83 million additional shares. Its slim float, tiered lockup and roughly 20%–30% retail allocation aim to curb volatility and set pricing benchmarks for upcoming IPOs.
SpaceX sold 555.6 million shares at $135 per share, raising $75 billion in the largest IPO on record. Underwriters hold a 30-day option to purchase up to 83 million additional shares, expanding total potential issuance to over 638 million shares.
The company set a take-it-or-leave-it price of $135 without a traditional pricing range, aiming to reduce volatility. An initial retail allocation of approximately 20%–30% and a tiered lockup further constrain the available float and support price stability.
Investors view SpaceX’s performance as a benchmark for high-profile listings such as OpenAI and Anthropic, with a sustained trading level above the offer price seen as critical to supporting valuations in the 2026 IPO pipeline.
Investors
