SpaceX closes approximately $86.25 billion IPO
The June offering raised $85.675 billion after underwriting costs and expenses.
SpaceX completed its initial public offering on June 15, 2026, issuing 638,888,888 Class A shares at $135 each. The approximately $86.25 billion gross total included the underwriters’ fully exercised option. Net proceeds were $85.675 billion.
The company plans to invest in AI computing infrastructure, launch vehicles and facilities, and larger satellite constellations. The offering consisted of newly issued company shares.