Spacex Broke The Record For The Largest Ipo Ever. Here Are 10 Public Offerings It Dwarfed.
TIMOTHY A. CLARY / AFP via Getty Images
- SpaceX broke the market record by raising $75 billion in the largest IPO ever.
- The market may be expecting some sizable IPOs in 2026, including those of OpenAI and Anthropic.
- Here are the 10 largest IPOs in history aside from SpaceX's record-breaking debut.
SpaceX soared in its first day of trading.
The rocket company began trading on the Nasdaq under the ticker SPCX on Friday, opening at $150 per share before jumping as much as 30% to $176.52. Shares later pared gains and closed at $160.95, up 19%.
SpaceX's record-breaking market debut raised $75 billion, making it the largest initial public offering ever. The IPO valued CEO Elon Musk's rocket company at roughly $1.77 trillion.
After Friday's jump, SpaceX's market capitalization vaulted above $2 trillion, making it one of the most valuable publicly traded companies in the world.
The offering also pushed Musk's net worth past $1 trillion. SpaceX began trading at $150 per share, above the roughly $141-per-share level needed to make Musk the world's first trillionaire.
The public market may be expecting sizable IPOs in 2026, including those of OpenAI and Anthropic, both of which have confidentially filed to go public.
Here are 10 IPOs that SpaceX's record-breaking public debut blew out of the water, ranked in increasing order of proceeds.
Thomson Reuters
Industry: Gas and Electric
Date of IPO: November 1999
Amount raised during IPO: $17.4 billion
Associated Press
Industry: Payments
Date of IPO: March 2008
Amount raised during IPO: $17.9 billion
Thomson Reuters
Industry: Telecommunications
Date of IPO: October 1998
Amount raised during IPO: $18.4 billion
Bill Pugliano/Getty Images
Industry: Automotive
Date of IPO: November 2010
Amount raised during IPO: $20.1 billion
Thomson Reuters
Industry: Insurance
Date of IPO: October 2010
Amount raised during IPO: $20.5 billion
Bloomberg/Getty Images
Industry: Finance and telecommunications
Date of IPO: December 2018
Amount raised during IPO: $21.3 billion
REUTERS/Jason Lee
Industry: Banking
Date of IPO: October 2006
Amount raised during IPO: $21.9 billion
AP/Ng Han Guan
Industry: Banking
Date of IPO: July 2010
Amount raised during IPO: $22.1 billion
REUTERS/Aly Song
Industry: E-commerce
Date of IPO: September 2014
Amount raised during IPO: $25 billion
Fayez Nureldine / AFP via Getty Images
Industry: Energy
Date of IPO: December 2019
Amount raised during IPO: $25.6 billion
Popular Products
-
Fake Pregnancy Test$61.56$30.78 -
Anti-Slip Safety Handle for Elderly S...$57.56$28.78 -
Toe Corrector Orthotics$41.56$20.78 -
Waterproof Trauma Medical First Aid Kit$169.56$84.78 -
Rescue Zip Stitch Kit$109.56$54.78