SpaceX begins trading Friday on Nasdaq under ticker SPCX at $135 per share, valuing the rocket maker at $1.77 trillion in the largest IPO ever

SpaceX will list on the Nasdaq on June 12 at $135 per share, making the when is spacex ipo question a settled matter as Elon Musk’s rocket and satellite company prepares for what will be the largest initial public offering in history. The company plans to sell 555.6 million shares to raise roughly $75 billion, valuing SpaceX at approximately $1.77 trillion.

Quick Facts

IPO price: $135 per share, fixed ahead of investor presentations
Trading debut: Friday, June 12, 2026, on Nasdaq under ticker SPCX
Shares offered: 555.6 million Class A common shares
Valuation: $1.77 trillion, making it the largest IPO by proceeds ever

SpaceX took an unconventional approach by setting a fixed price of $135 per share before completing its investor roadshow, a break from typical IPO practice where companies establish a price range and adjust based on demand. According to Reuters, the company’s move was described as a “take-it-or-leave-it” strategy that works for Musk’s followers and reflects confidence in market conditions.

The offering will be structured as an all-primary transaction, meaning all proceeds go to the company rather than allowing existing shareholders to sell. Musk will be required to hold his SpaceX shares for 366 days after the IPO, signaling his commitment to the public company. The company plans to use IPO proceeds to expand AI computing resources and its Starlink satellite network.

Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and J.P. Morgan are leading the underwriting syndicate. The IPO is expected to draw intense investor attention given SpaceX’s position as a leader in commercial spaceflight and its growing artificial intelligence ambitions, though analysts have noted the company carries significant losses despite strong revenue growth.

Sources

Reuters — Exclusive reporting on the $135 per share price, $75 billion raise target, June 12 debut date, and company structure details
The New York Times — Confirmation of the $135 price and $1.77 trillion valuation
CNBC — Details on the $135 per share price and $1.77 trillion valuation
The Wall Street Journal — Confirmation of June 12 IPO date and $80 billion raise target
The Motley Fool — Verification of June 12 trading date on Nasdaq

About the author, Chris Martin

Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to some of the most complex issues shaping the American economy today. At ECIKS.org, Chris covers breaking developments across domestic economic policy, business strategy, Wall Street movements, and political decisions that ripple through financial markets. His reporting blends rigorous data analysis with accessible storytelling making critical information useful for investors, entrepreneurs, and engaged citizens alike.