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SpaceX Prepares for Debut After $75 Billion IPO Smashes Record

SpaceX Prepares for Debut After $75 Billion IPO Smashes Record
Bloomberg Markets Friday 12 June 2026, 09:00 UTC By Bailey Lipschultz 1 min read
Key Points

SpaceX Prepares for Debut After $75 Billion IPO Smashes Record SpaceX made history with a $75 billion IPO that instantly turned it into one of the biggest public companies in the world. Now it has to win over the market. Friday’s trading will be a critical test for the $1.8 trillion rocket, satellite and artificial intelligence company and Elon Musk, its founder.

SpaceX Prepares for Debut After $75 Billion IPO Smashes Record SpaceX made history with a $75 billion IPO that instantly turned it into one of the biggest public companies in the world. Now it has to win over the market. Friday’s trading will be a critical test for the $1.8 trillion rocket, satellite and artificial intelligence company and Elon Musk, its founder. Even after raising the largest-ever amount in an IPO, SpaceX still needs the market’s validation of its ambition to dominate AI and carry humans to the moon and Mars, as well as the company’s controversial governance regime that promises Musk near-total control.
SpaceX Prepares (PERSON) SpaceX (ORG) IPO (ORG) Elon Musk (PERSON) AI (ORG) Mars (LOCATION)
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