2 min readNew DelhiJun 4, 2026 09:58 AM ISTThe offering is scheduled to begin trading next Friday. (file)Elon Musk’s SpaceX has priced its initial public offering (IPO) at $135 per share, offering 555.6 million shares in a debut that could become the largest public offering in history. The rocket and artificial intelligence company aims to raise $75 billion, valuing SpaceX at roughly $1.77 trillion. If successful, the IPO would surpass the $29.4 billion raised by Saudi oil giant Saudi Aramco in 2019, setting a new record for both valuation and capital raised.SpaceX unveiled its IPO plans last month but had not disclosed a share price or target valuation at the time. The offering is scheduled to begin trading next Friday.The listing could also cement Musk’s status as the world’s first trillionaire. According to a filing, Musk currently owns about half of SpaceX and will retain nearly half of its shares after the IPO. Because some of those shares carry enhanced voting rights, he will continue to control 82.4% of the company’s voting power.Also read | Elon Musk’s $1.75 trillion ‘Muskonomy’ gamble: SpaceX files for world’s largest IPOAt the IPO price, Musk’s SpaceX stake would be worth approximately $841 billion. Combined with his holdings in Tesla, valued at nearly $300 billion based on Wednesday’s closing price, his net worth could rise to around $1.1 trillion, according to estimates cited by CNN.That would exceed the combined wealth of several of the world’s richest individuals, including Larry Page, Sergey Brin, Larry Ellison and Jeff Bezos.The SpaceX debut is also being closely watched as a potential bellwether for other large technology listings. Artificial intelligence firms Anthropic and OpenAI, both of which are approaching valuations of $1 trillion, are widely expected to pursue public listings in the future.© The Indian Express Pvt LtdAdvertisementLoading Recommendations...Advertisement