SpaceX IPO raises $87.5bn, exceeding initial estimates by $10bn
SpaceX raised $87.5 billion in its initial public offering, about $10 billion more than the $75 billion previously reported, according to filings cited by BBC Business. The result places the Elon Musk-led rocket company's listing among the largest market debuts on record. A brief overnight price spike also lifted SpaceX past Amazon as America's fifth-largest listed company by market capitalisation.
SpaceX raised $87.5 billion in its initial public offering, about $10 billion more than the $75 billion previously reported, according to filings cited by BBC Business. The result places the company headed by Elon Musk among the largest market debuts on record and gives it a fresh cash pool for Starship operations and Starlink expansion.
Demand was driven by institutional and retail investors who priced shares above the marketed range. A brief overnight spike after the open sent SpaceX past Amazon as America's fifth-largest listed company by market value, according to MarketWatch tracking, before the gap narrowed in regular trading.
Analysts now turn to lockup expiry dates, secondary share sales and capital-expenditure guidance for the second half of 2026. The Starship test cadence and Starlink subscriber disclosures will shape how the float settles into ordinary trading patterns. None of this is investment advice.
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