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

SpaceX is shooting for the stars: a record-breaking $135 per share initial public offering that would value the company at $1.77 trillion. 

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:

Alibaba Group Holding Ltd — $236.53 billion

Facebook Inc — $118.48 billion

Uber Technologies Inc — $98.75 billion

AT&T Wireless Services Inc — $133.33 billion

Rivian Automotive Inc — $80.18 billion

Didi Global Inc — $75.19 billion

United Parcel Service Inc — $119.79 billion

Coupang Inc — $76.11 billion

Ente Nazionale per l’Energia Elettrica (ENEL) — $109.28 billion

Kraft Foods Inc — $101.27 billion

Deutsche Telekom AG — $109.47 billion

Banco Santander Brasil SA — $78.94 billion

General Motors Co — $75.82 billion

Visa Inc — $69.56 billion

Airbnb Inc — $52.71 billion

Gazprom — $79.85 billion

Rocket Companies Inc — $46.39 billion

Telefonica Moviles — $69.03 billion

Blackstone — $54.93 billion

Snowflake Inc — $43.73 billion

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.

#SpaceXs #IPO #largest #history #Heres #compares #previous #recordholders