SpaceX made history on June 12, 2026, with its record-breaking IPO, pricing shares at $135 and achieving the largest public offering ever. The company stopped taking investor orders early, allowing bankers to finalize share distribution and fueling intense market anticipation. With 2025 revenue at $18.7 billion, SpaceX’s market capitalization soared, resulting in a high price-to-revenue ratio and sparking debate about its true value. This debut not only highlighted SpaceX’s ambitious growth but also set the stage for significant market volatility and wealth creation, especially for employees and key stakeholders.