SpaceX has long been one of the most watched companies in the world, drawing intense attention from investors, the media, and the public. That fascination has only grown alongside the company’s reusable rocket launches, the rapid expansion of Starlink, and the outsized influence of founder and CEO Elon Musk.
But in its 24-year history, nothing has matched the spectacle of its public offering. The company priced 555.6 million shares at $135 each to raise $75 billion, making it the largest IPO ever and, in the process, making Musk the world’s first trillionaire.