SPACEX RAISES $75 BILLION IN LARGEST IPO IN HISTORY WITH ELON MUSK’S AI ARM INCLUDED SpaceX priced its initial public offering at $135 per share on June 11 and raised approximately $75 billion in what is now the largest single IPO in recorded market history, more than doubling the previous record set by Saudi Aramco’s $29.4 billion listing in 2019. Shares began trading under the ticker SPCX on June 12 and closed 19 percent higher on their first day, pushing the company’s market capitalization to roughly $2.1 trillion. The IPO includes xAI, Elon Musk’s artificial intelligence venture, which SpaceX formally acquired in February 2026. AI operations now constitute a third major business segment alongside launch services and Starlink. A significant portion of the IPO proceeds is earmarked for orbital AI computing infrastructure designed to support xAI’s model training and inference workloads from space. The listing was managed by 21 banks with an unusual 30 percent retail allocation for a transaction of this scale. SpaceX is now valued higher than any publicly traded aerospace company in history and sits among the six most valuable publicly listed firms in the United States. The offering arrives at a moment when AI capital formation is reshaping every corner of the public and private markets. Google’s $40 billion commitment to Anthropic, OpenAI’s delayed IPO, and now SpaceX’s record debut have made AI-linked valuations the defining story of 2026’s capital markets. Keywords: SpaceX IPO 2026, SPCX stock, xAI SpaceX, largest IPO history