SpaceX broke the record for the largest IPO ever. Here are 10 public offerings it dwarfed.
SpaceX broke the record for the largest IPO ever. Here are 10 public offerings it dwarfed.
Daniel Strauss,Katherine LiSat, June 13, 2026 at 2:05 AM UTC
0
SpaceX's record-breaking market debut raised $75 billion, making it the largest initial public offering ever.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.
10. Enel
FILE PHOTO - People walk past the logo of Italy's biggest utility Enel at their Rome headquarterThomson Reuters
Industry: Gas and Electric
Date of IPO: November 1999
Amount raised during IPO: $17.4 billion
9. Visa
FILE- In this July 17, 2018, file photo, a customer buys gas with a Visa credit card in Salem, N.H. Visa Inc. reports earnings Tuesday, July 23, 2019. (AP Photo/Elise Amendola, File)
Industry: Payments
Date of IPO: March 2008
Amount raised during IPO: $17.9 billion
8. NTT DOCOMO
People attend a product unveiling event of the Japanese mobile communications company NTT Docomo in TokyoThomson Reuters
Industry: Telecommunications
Date of IPO: October 1998
Amount raised during IPO: $18.4 billion
7. General Motors
Mark Reuss, General Motors Executive Vice President of Global Product Development reveals the 2017 GMC Acadia crossover SUV to the news media at the 2016 North American International Auto Show January 12th, 2016 in Detroit, Michigan.Bill Pugliano/Getty Images
Industry: Automotive
Date of IPO: November 2010
Amount raised during IPO: $20.1 billion
6. AIA Group
Advertisement
FILE PHOTO - A ferry sails at Victoria Harbour in front of the financial Central district in Hong KongThomson Reuters
Industry: Insurance
Date of IPO: October 2010
Amount raised during IPO: $20.5 billion
5. SoftBank
Bloomberg/Getty Images
Industry: Finance and telecommunications
Date of IPO: December 2018
Amount raised during IPO: $21.3 billion
4. Industrial and Commercial Bank of China
REUTERS/Jason Lee
Industry: Banking
Date of IPO: October 2006
Amount raised during IPO: $21.9 billion
3. Agricultural Bank of China
AP/Ng Han Guan
Industry: Banking
Date of IPO: July 2010
Amount raised during IPO: $22.1 billion
2. Alibaba
REUTERS/Aly Song
Industry: E-commerce
Date of IPO: September 2014
Amount raised during IPO: $25 billion
1. Saudi Aramco
Fayez Nureldine / AFP via Getty Images
Industry: Energy
Date of IPO: December 2019
Amount raised during IPO: $25.6 billion
If you enjoyed this story, be sure to follow Business Insider on Yahoo.
Source: “AOL Money”
