SpaceX lists on Nasdaq in record-breaking $75 billion IPO

SpaceX, the aerospace and artificial intelligence enterprise led by American entrepreneur Elon Musk, has officially commenced trading on the Nasdaq stock exchange in New York. The listing, which took place on 12 June 2026, represents a significant milestone for the company as it transitions from private ownership to public markets.

According to reporting by NHK News Japan, the initial public offering raised approximately US$75 billion. This figure, which converts to roughly 12 trillion yen, establishes a new record for the largest fundraising amount in history. The capital injection underscores the substantial market interest in the firm’s dual focus on space exploration and artificial intelligence development.

The company’s entry into the public sphere highlights the growing financial scale of ventures operating at the intersection of advanced technology and infrastructure. By listing on the Nasdaq, SpaceX joins a select group of high-growth technology firms that have utilised public markets to secure vast reserves of capital for future operations and expansion.

Market observers note that the valuation reflects the strategic importance of the company’s portfolio. As a leader in both space travel and AI, SpaceX’s public debut signals a shift in how investors perceive the commercial viability of deep-tech sectors. The proceeds from the offering are expected to support ongoing projects in aerospace engineering and machine learning research.

The event marks the culmination of years of speculation regarding the company’s financial trajectory. With the shares now available for trading, the focus shifts to how the newly public entity will manage its growth while maintaining its position as a key player in the global technology and defence industries.