SpaceX’s $85.7 billion IPO, the largest in history, signals strong investor appetite for high-growth, transformative companies.
SpaceX completed its record initial public offering, raising $85.7 billion at $135 per share, making it the largest IPO ever. The stock opened on the Nasdaq at approximately $150, surging 17% on its first trading day and briefly valuing the company above $2.1 trillion.
The offering saw extraordinary oversubscription, reflecting robust demand from growth investors. SpaceX’s ecosystem, spanning reusable rocketry and satellite broadband, attracted premium valuations, underscoring investor confidence in disruptive business models.
The outcome may influence upcoming IPOs, including those planned by AI developers OpenAI and Anthropic, which have filed confidential S-1s with the SEC. Both firms are closely watched for their potential market impact.