# SpaceX Files for Historic IPO Targeting $75 Billion Raise

**Published:** 2026-06-11T21:11:16.248Z  
**Topic:** SpaceX SPV investors won’t know their true holdings until post-IPO lock-ups lift  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/fc5c236d-861f-44d3-8bd4-ecf0ee7e5525

SpaceX has filed for an initial public offering seeking to raise $75 billion. The listing could value the company at approximately $1.77 trillion.

SpaceX has officially filed for an initial public offering (IPO) that aims to raise $75 billion, a figure that would mark the largest public listing in history [2]. The company, formally known as Space Exploration Technologies Corp., plans to market approximately 555.6 million shares at $135 each, potentially valuing the firm at nearly $1.77 trillion [2].

**Key takeaways**
* The $75 billion fundraising goal would surpass the $29.4 billion record set by Aramco in 2019 [2].
* SpaceX reported a net loss of $4.94 billion on $18.7 billion in revenue for the previous year [2].
* The company’s equity compensation programs have historically engaged its 22,000+ employees, with some expected to reach net worths of $100 million or more [1].
* SpaceX is utilizing a directed share program, often called "friends and family" shares, which allows certain individuals to purchase stock at the IPO price without a lockup restriction [1].
* The company has discontinued its non-qualified employee stock purchase plan in connection with the offering [1].

## Equity Compensation and Employee Wealth
The IPO filing provides a window into the company’s extensive use of equity compensation, which it describes as a method to foster an "ownership mindset" among its workforce [1]. While the S-1 filing offers limited historical detail, it confirms that SpaceX currently grants restricted stock units (RSUs), restricted stock awards (RSAs), and non-statutory stock options to eligible employees [1]. Notably, the company previously utilized "double-trigger" RSUs—which required both time-based service and a liquidity event—for a March 2023 grant, but later removed the second trigger requirement [1].

Beyond standard equity awards, the filing reveals that SpaceX has maintained employee stock purchase plans (ESPPs) for many years, a rarity for a private company [1]. While the 2017 ESPP is expected to be amended for the offering, the company’s 2023 non-qualified ESPP will be discontinued [1]. Additionally, the company has reserved up to five percent of its Class A common stock for a directed share program, allowing selected employees, friends, and family members to purchase shares at the IPO price without being subject to the typical post-IPO lockup restrictions [1].

## Financial Outlook and Market Strategy
The upcoming listing, scheduled for June 11 with trading expected to begin the following day, represents a significant shift in standard IPO practices [2]. Unlike most U.S. listings that announce a price range to gauge demand, SpaceX has opted for a fixed price of $135 per share [2]. This strategy accompanies a broad corporate pitch that includes plans for orbital AI compute, direct-to-cell wireless services, and long-term goals for lunar and Martian bases [2].

The company’s financial performance shows volatility, with a net loss of $4.94 billion last year compared to a net income of $791 million on $14 billion in revenue in 2024 [2]. To support its AI initiatives, SpaceX has entered into a contract with Anthropic to provide $1.25 billion of AI compute per month [2]. If successful, the SpaceX debut is expected to pave the way for other high-profile firms, such as OpenAI and Anthropic, to pursue their own multi-billion dollar public listings [2].

## Sources
1. Forbes — [SpaceX IPO Filing Offers View Of Its Employee Stock Compensation](https://www.forbes.com/sites/brucebrumberg/2026/06/09/spacex-ipo-filing-offers-view-of-companys-employee-stock-compensation/)
2. Moneycontrol — [SpaceX IPO: Here’s everything you need to know about Musk’s record $75 billion listing](https://www.moneycontrol.com/news/business/ipo/spacex-ipo-here-s-everything-you-need-to-know-about-musk-s-record-75-billion-listing-13940690.html)

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Cite as: TrendWatcher, "SpaceX Files for Historic IPO Targeting $75 Billion Raise", https://www.trendwatcher.in/article/fc5c236d-861f-44d3-8bd4-ecf0ee7e5525