Elon Musk-led SpaceX has emerged as the center of global investor attention as the company moves forward with its highly anticipated initial public offering (IPO). The offering has already generated unprecedented demand, particularly from retail investors, positioning it to become the largest IPO in history.
According to reports, retail investors alone have placed orders exceeding $70 billion. With a total offering size of $75 billion, the IPO is expected to surpass the record set by Saudi Aramco, whose $29.4 billion public offering in 2019 currently holds the title of the world’s largest IPO.
SpaceX plans to allocate nearly 20% of the shares to retail investors. However, market analysts believe the overwhelming demand could result in many applicants missing out on share allotments.
The company has reportedly fixed the share price at around $135, valuing SpaceX at approximately $1.8 trillion. The pricing structure is expected to remain unchanged as the IPO process progresses.
Investor enthusiasm is being compared to the strong support Elon Musk received from retail shareholders in Tesla, whose stock witnessed significant gains over the years. Analysts suggest a similar trend could emerge following SpaceX’s public listing.
Institutional interest has also been substantial, with nearly 1,000 organizations reportedly expressing interest in participating in the offering. The company is allocating shares to international investors as well, with the allocation earmarked for Japanese investors reportedly increased from $2 billion to $2.5 billion.
Beyond its leadership in space exploration and rocket launches, SpaceX is increasingly expanding its presence in the artificial intelligence sector. Meanwhile, AI companies such as OpenAI and Anthropic are also reportedly preparing for public offerings. Market observers estimate that these three companies combined could contribute nearly $3.6 trillion to the overall value of the U.S. stock market.