SpaceX Raises $75 Billion in Record IPO, Doubling Saudi Aramco's 2019 Benchmark

SpaceX priced its IPO at $135 per share on June 11, raising $75 billion in gross proceeds—history's largest offering. The sum more than doubles Saudi Aramco's 2019 record of $29.4 billion. At that valuation, SpaceX now exceeds every publicly traded company globally by market cap. The compressed three-week filing-to-pricing timeline signals institutional demand had been pre-cooked through years of secondary transactions.