SpaceX Raises Record $75 Billion in IPO, Sees Average $66 Billion Daily Trading Volume in First 3 Days

According to CNBC, SpaceX raised $75 billion in its IPO on June 12, 2026, making it the largest initial public offering ever—more than double the previous record held by Saudi Aramco's $29.4 billion offering in 2019. The company saw record trading volumes in its first week, with an average of $66 billion in daily share trades over the first three days, exceeding popular ETFs like QQQ and SPY.

SpaceX's market capitalization briefly surpassed Amazon's at $2.66 trillion on Tuesday, June 16. Within days of going public, the company entered a formal agreement to acquire AI-coding startup Cursor for $60 billion in stock, marking one of the largest tech acquisitions on record.