SpaceX Targets Record-Breaking IPO That Could Become Largest in US History

SpaceX has officially filed for its long-anticipated initial public offering, a move that could result in the largest IPO ever recorded in U.S. history, according to CNBC

The aerospace company founded by Elon Musk could raise  approximately $75 billion in fundraising when shares begin trading on the Nasdaq under the ticker symbol “SPCX.”

If completed near that level, the offering would surpass the current U.S. IPO record held by Alibaba Group, which raised roughly $22 billion during its 2014 debut.

Other historically large U.S. public offerings include Visa, which raised nearly $18 billion in 2008, Enel with a $16.5 billion offering in 1999, and Meta Platforms, which raised approximately $16 billion during Facebook’s IPO in 2012.

The filing arrives at a critical moment for capital markets, as investors increasingly search for major growth listings capable of revitalizing a U.S. IPO environment that has remained relatively subdued since late 2021.

Higher interest rates, inflationary pressures, and broader market volatility significantly slowed new listings over recent years, particularly within the technology sector.

Market participants now view SpaceX as one of the few private companies with sufficient scale, brand recognition, and investor demand to potentially reopen momentum for large-scale public offerings.

The company’s IPO also arrives amid continued enthusiasm surrounding artificial intelligence, advanced infrastructure, aerospace technology, and private space commercialization.

While firms such as OpenAI and Anthropic continue attracting massive private valuations, both companies remain privately held, though reports indicate OpenAI could confidentially file for an IPO in the near future.

SpaceX has become one of the most valuable private companies globally through its launch business, reusable rocket systems, satellite internet platform Starlink, and expanding role in government and commercial aerospace contracts.