Elon Musk’s SpaceX has set its share price at $135, raising a record $75 billion in what could become the largest IPO ever. The company sold 555.6 million shares and is expected to start trading on Nasdaq under the ticker SPCX. This offering values SpaceX at about $1.8 trillion and brings its large Bitcoin holdings, 18,712 BTC worth nearly $1.2 billion, into public markets for the first time. The debut is also notable because tokenized SpaceX shares are expected to be available on Solana-based platforms from the start.
This IPO easily beats the previous record set by Saudi Aramco’s $30 billion listing in 2019. Investors have been waiting for a chance to buy into SpaceX, one of the world’s most valuable private companies. SpaceX’s business includes rocket launches, government contracts, and the fast-growing Starlink satellite internet network.
SpaceX made about $19 billion in revenue last year. Although its valuation is high compared to its revenue, many investors see the company as a leader in aerospace and communications technology.
SpaceX’s Bitcoin holdings have also drawn attention. With almost 18,712 BTC on its balance sheet, SpaceX is now among a few major companies with large digital asset holdings. Investors who buy SpaceX shares will also get indirect exposure to Bitcoin along with the company’s main businesses.
Another crypto-related update is the launch of tokenized SpaceX shares through Backpack. These blockchain tokens will represent ownership of SpaceX stock and can be redeemed through the platform’s brokerage system. Supporters think tokenized stocks could make global access and trading easier, while critics still worry about regulation and how assets are held.
This IPO will test how much interest there is in big tech offerings and in the merging of traditional finance with blockchain technology.
Teams are go for launch with a $135 price per share for the SpaceX IPO → https://t.co/HlsF4GxRbI
— SpaceX (@SpaceX) June 11, 2026
Source: spacex.com
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