SpaceX Expected to Price $75 Billion IPO on June 11, Largest on Record

SpaceX is expected to price an initial public offering on June 11, 2026, that would raise roughly $75 billion and become the largest IPO in history. The offering has reportedly attracted more than $70 billion in retail orders and is already heavily oversubscribed. 4 billion in its 2019 market debut, a sum that has stood as the record for nearly seven years.

Com reported that Aramco's IPO had been viewed by many as the ultimate victory lap for the petroleum age. The SpaceX transaction would hand the IPO crown from the company that fuels the global economy to the company seeking to leave the planet. com noted that Aramco remains one of the most profitable companies on Earth and that oil still powers the overwhelming majority of global transportation.

The article observed that the modern economy continues to run on hydrocarbons and that SpaceX itself is hardly separate from the energy business. Satellite networks require massive infrastructure, and data centers supporting artificial intelligence consume enormous amounts of electricity. com reported that what has changed is what investors are willing to pay for.

Aramco's IPO was built on proven reserves, predictable cash flow, and a commodity the world already understood. SpaceX is built on growth, optionality, and a long list of possibilities that range from satellite communications to artificial intelligence to vacationing on Mars. One company represents the industry that built the modern world.

The other represents a bet on what comes next, the report stated.