Alphabet, SpaceX, and SK Hynix Raise $200 Billion in Equity

Alphabet Inc. and two other major corporations executed record-breaking capital raises totaling approximately $200 billion in June 2026. On June 2, Alphabet issued $85 billion in stock, marking the largest public equity raise in Wall Street history. Space Exploration Technologies Corp. followed on June 12 with an initial public offering that raised $86 billion, establishing the largest IPO in history.

SK Hynix plans to further this trend by listing American depository receipts on the Nasdaq, a move that could raise up to $29 billion. These companies are prioritizing equity over the bond market to capitalize on current high stock valuations.

Analysts suggest these massive raises may signal a peak in the bull market, as investors are forced to sell other assets to provide the necessary funding for these record-breaking equity events.