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Steve and Connie Ballmer are splitting their $8 billion philanthropy into three so the people closest to the work can decide how the money is spent

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U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lender

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Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses
Startups & VentureSpaceX

SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders

By
Mia Osmonbekov
Mia Osmonbekov
News Fellow
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By
Mia Osmonbekov
Mia Osmonbekov
News Fellow
Down Arrow Button Icon
June 12, 2026, 3:04 AM ET
Here's how much SpaceX IPO's compares to previous record holders.
Here's how much SpaceX IPO's compares to previous record holders.Brandon Bell/Getty Images
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SpaceX is shooting for the stars: a record-breaking $135 per share initial public offering that would value the company at $1.77 trillion. 

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This is about seven-and-a-half times Alibaba’s inflation-adjusted valuation in 2014, which held the record before, and 15 times Facebook’s IPO, blowing modern service giants Uber and Airbnb out of the water entirely. 

SpaceX already made history by raising $75 billion on Thursday, and pulling off its anticipated IPO will make thousands of SpaceX employees millionaires and could push up Elon Musk’s net worth high enough to make him a trillionaire.  

Here’s how $1.77 trillion squares with the top 20 biggest IPOs staged in the United States:

  1. Alibaba Group Holding Ltd — $236.53 billion
  2. Facebook Inc — $118.48 billion
  3. Uber Technologies Inc — $98.75 billion
  4. AT&T Wireless Services Inc — $133.33 billion
  5. Rivian Automotive Inc — $80.18 billion
  6. Didi Global Inc — $75.19 billion
  7. United Parcel Service Inc — $119.79 billion
  8. Coupang Inc — $76.11 billion
  9. Ente Nazionale per l’Energia Elettrica (ENEL) — $109.28 billion
  10. Kraft Foods Inc — $101.27 billion
  11. Deutsche Telekom AG — $109.47 billion
  12. Banco Santander Brasil SA — $78.94 billion
  13. General Motors Co — $75.82 billion
  14. Visa Inc — $69.56 billion
  15. Airbnb Inc — $52.71 billion
  16. Gazprom — $79.85 billion
  17. Rocket Companies Inc — $46.39 billion
  18. Telefonica Moviles — $69.03 billion
  19. Blackstone — $54.93 billion
  20. Snowflake Inc — $43.73 billion
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