SpaceX Raises $86 Billion in Record-Breaking IPO

A view of the Nasdaq MarketSite after SpaceX company executives rang the opening bell to celebrate the launch of SpaceX’s initial public offering (IPO) in New York on June 12, 2026. Timothy A. Clary/AFP via Getty ImagesSpaceX raised almost $86 billion from last week’s record initial public offering—also known as an IPO—after major brokers exercised their overallotment of shares, the company said on June 15.Elon Musk’s rocket, artificial intelligence (AI), and satellite company raised $75 billion during the largest IPO ever.