SpaceX launches IPO website for retail investors as it seeks record $75 billion in public offering next week

On Thursday morning, SpaceX launched its IPO website for retail investors, at spacexipo.com . In addition to the prospectus and investor Q&A, SpaceX also provided its roadshow presentation for review. SpaceX's roadshow with large investors begins today.

"We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars," the company said on the new website.

SpaceX confirmed it plans to price the offering on June 11, with trading to begin on June 12.

On Wednesday SpaceX ( SPAX.PVT ) said in a filing that it will seek proceeds of $75 billion from its initial public offering, a record amount for any IPO.

In the filing, the company said it would offer 555,555,555 shares at $135 each, raising $75 billion. That would amount to 4.2% of the entire float, with the remaining 95.8% held by CEO Elon Musk and other insiders. SpaceX authorized the underwriters to sell additional shares if needed, bringing the total raised to $85.7 billion.

At that share price, it would give SpaceX a hypothetical market cap of around $1.785 trillion.

"This listing represents the first major test for public markets after years of muted IPO activity with SpaceX paving the way for AI giants Anthropic and OpenAI to follow soon after," Wedbush analyst Dan Ives wrote in a note to investors.

SpaceX plans to use the proceeds for purposes "including the expansion of our AI compute infrastructure, enhancements to our launch infrastructure and launch vehicles, increases in the scale and capacity of our satellite constellations, and any remaining amounts for general corporate purposes."