SpaceX Completes Record-Breaking $75 Billion IPO

Space Exploration Technologies Corp. (SpaceX) has successfully closed its initial public offering, raising USD 75 billion. The transaction, which represents the largest IPO in history, officially closed on June 15, 2026, with the company's shares listed on Nasdaq and Nasdaq Texas under the ticker symbol "SPCX."

The transaction marks the first U.S. IPO to include concurrent public offerings in multiple jurisdictions globally. In addition to the primary public offering in the United States, a portion of the shares was made available to retail investors in Australia, Canada, Japan, the United Kingdom, certain EU countries, and Switzerland, utilizing locally approved or passported prospectuses.

The underwriting syndicate for the historic offering was led by Goldman Sachs & Co., Morgan Stanley, BofA Securities, Citigroup, and J.P. Morgan.

Lenz & Staehelin advised the underwriters on all Swiss law aspects of the transaction. The legal team was led by partner Patrick Schärli and included Patrick Schleiffer and Kaan Saritas (all Capital Markets).

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