SpaceX’s record $75 billion IPO, selling 555.56 million shares, marks the largest U.S. public offering as trading begins on Nasdaq.
SpaceX will begin trading on the Nasdaq today at $135 per share, raising $75 billion in the largest IPO in U.S. history. The offering values the company at $1.77 trillion, positioning it as the seventh-largest U.S.-listed firm by market capitalization upon debut.
The IPO includes 555.56 million shares, with 30% allocated to retail investors—a significantly higher portion than typical offerings, which usually reserve 5% to 10%. This move aims to broaden participation but may introduce volatility as retail buyers often prioritize sentiment over pricing.
Equity markets are advancing ahead of the open, with S&P 500 futures up 0.6% and Nasdaq futures rising 0.5%. Oil prices have declined, reflecting optimism over geopolitical developments, though focus remains on SpaceX’s debut.