SpaceX seeks – SpaceX has filed updated IPO plans with the U.S. Securities and Exchange Commission, seeking to raise $75 billion by offering 555,555,555 shares at $135 each. The proposal would set a new record IPO size and keep Elon Musk in near-total command of voting power
SpaceX is moving closer to a record-breaking IPO, and this time the numbers land with a particular kind of force: $75 billion is the target, and the filing specifies an offering at $135 per share.
In an updated submission to the Securities and Exchange Commission, the company says it wants to offer 555,555,555 shares of common stock at $135 per share. If that deal size holds, SpaceX would surpass the previous record for the largest IPO—an opening by Aramco in 2019 that raised $29 billion.
The timing also matters. The updated filing came a week after SpaceX’s initial S-1. which laid out an unprecedented look into the finances and mission of one of the world’s most valuable private companies. The S-1 is a required step ahead of an IPO. and SpaceX is expected to make its stock-market debut this month.
Under the proposed offering size. Elon Musk—listed in the filing as CEO. CTO. and chairman of the board—would hold around 82% of the voting power of the company’s common stock. That figure is central to what the plan is trying to protect: the founder’s ability to maintain significant control even as SpaceX sells shares to public investors.
The move lands amid a broader wave of high-profile tech IPO interest. SpaceX is among several blockbuster offerings that investors are watching closely, including OpenAI and Anthropic. Anthropic has filed its own S-1 this week. adding to the sense that the market is preparing for multiple arrivals at once.
The sequence is straightforward: first the initial S-1 opened the company’s financial and mission details, then the updated filing reset the scale of what SpaceX is willing to sell—backed by a structure that keeps Musk’s voting power close to dominant levels as the company prepares to come public.
SpaceX IPO Securities and Exchange Commission Elon Musk voting power Aramco IPO record S-1 filing OpenAI Anthropic common stock