SpaceX plans to offer 555.5 million shares at $135 each, surpassing Saudi Aramco’s $26.5 billion IPO in 2019.
SpaceX will launch the largest initial public offering in history, aiming to raise $75 billion by selling 555.5 million shares at $135 each. The offering eclipses Saudi Aramco’s $26.5 billion IPO in 2019 and Alibaba’s $21.8 billion U.S. listing in 2014.
The company will allocate up to 30% of shares to retail investors, an uncommon move for IPOs. Retail participation will be facilitated through platforms like Robinhood, SoFi, and Fidelity, though availability is not guaranteed. SpaceX’s decision may reflect efforts to broaden demand amid its massive fundraising target.
Trading is expected to begin this week on NASDAQ, marking a historic moment for both the aerospace and financial markets.