ELON MUSK JUST PULLED OFF THE BIGGEST IPO IN HUMAN HISTORY — SPACEX RAISES $75 BILLION AT A $1.77 TRILLION VALUATION On June 12, SpaceX priced 555 million shares at $135 each and began trading on the Nasdaq under the ticker SPCX. It raised $75 billion in a single day. That is more than double the previous all-time record, Saudi Aramco’s $29.4 billion IPO in 2019. Within days of listing, the market cap cleared $2 trillion. Elon Musk retained 82.4% of the voting power through Class B shares with 10 times the power of regular shares. He will not be easily removed from control of this company regardless of what the public market wants. SpaceX lost $4.9 billion in 2025 despite Starlink generating $4.4 billion in operating profit. The losses come from aggressive Starship development and from the company’s February 2026 merger with xAI, which means the AI ambitions of Grok, Colossus, and future models are now legally baked into the same balance sheet as the rockets. This IPO is also the starting gun for two more. Anthropic and OpenAI have both filed S-1 registration statements with the SEC within the last two weeks. Goldman Sachs and Morgan Stanley are underwriting the OpenAI listing. Both companies could command valuations above $1 trillion. Wall Street is looking at the possibility of three of the most valuable technology companies in history going public within months of each other. The SpaceX numbers are astonishing. Whether the business underneath them justifies the price is a question that nobody asking for an allocation seems particularly interested in answering. Keywords: SpaceX IPO 2026, SPCX Nasdaq, Elon Musk IPO record, xAI SpaceX AI, OpenAI Anthropic IPO race