SpaceX Sets $135 IPO Share Price — $1.77 Trillion Valuation Opens History's Largest IPO Roadshow with Starlink Expansion at Core

SpaceX set its IPO roadshow share price at $135 per share on June 3, 2026, implying a $1.77 trillion valuation for the company — what would be the largest IPO in history. The offering covers 555.6 million shares seeking approximately $75 billion in gross proceeds, with retail access through Fidelity for accounts with $2,000 or more. The roadshow officially opened June 4 with a JPMorgan-hosted live session featuring SpaceX President Gwynne Shotwell and CFO Bret Johnsen. Starlink's role in global digital inclusion is central to the investment case: the IPO prospectus identifies the 2.6 billion still-offline people globally as Starlink's primary commercial growth market, projecting $30–60 billion in additional annual revenue by 2030 from connecting underserved populations in Sub-Saharan Africa, South Asia, and rural Latin America. The convergence of SpaceX's commercial incentives with development goals represents a structural shift in how the digital divide is addressed — moving from aid-dependent models toward commercially-driven satellite expansion. Analysts noted Wall Street projections valued SpaceX at approximately half the offered price, while retail demand is expected to be substantial. IPO pricing is scheduled for June 11, with trading to begin June 12.