SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders

Published June 12, 2026 · Category: Markets

Overview

SpaceX is shooting for the stars: a record-breaking $135 per share initial public offering that would value the company at $1.77 trillion. 

This is about seven-and-a-half times Alibaba’s inflation-adjusted valuation in 2014, which held the record before, and 15 times Facebook’s IPO, blowing modern service giants Uber and Airbnb out of the water entirely. 

SpaceX already made history by raising $75 billion on Thursday, and pulling off its anticipated IPO will make thousands of SpaceX employees millionaires and could push up Elon Musk’s net worth high enough to make him a trillionaire.  

Here’s how $1.77 trillion squares with the top 20 biggest IPOs staged in the United States:

1. Alibaba Group Holding Ltd — $236.53 billion
2. Facebook Inc — $118.48 billion
3. Uber Technologies Inc — $98.75 billion
4. AT&T Wireless Services Inc — $133.33 billion
5. Rivian Automotive Inc — $80.18 billion
6. Didi Global Inc — $75.19 billion
7. United Parcel Service Inc — $119.79 billion
8. Coupang Inc — $76.11 billion

Details

9. Ente Nazionale per l’Energia Elettrica (ENEL) — $109.28 billion
10. Kraft Foods Inc — $101.27 billion
11. Deutsche Telekom AG — $109.47 billion
12. Banco Santander Brasil SA — $78.94 billion
13. General Motors Co — $75.82 billion
14. Visa Inc — $69.56 billion
15. Airbnb Inc — $52.71 billion
16. Gazprom — $79.85 billion
17. Rocket Companies Inc — $46.39 billion
18. Telefonica Moviles — $69.03 billion
19. Blackstone — $54.93 billion
20. Snowflake Inc — $43.73 billion

This story was originally featured on Fortune.com

Source

Originally published at fortune.com.

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