Font: Financial Modeling Prep • Jun 12, 2026
Space Exploration Technologies Corp., better known as SpaceX, is set to go public with its highly anticipated initial public offering. The company, led by Elon Musk, designs, manufactures, and launches advanced rockets and spacecraft. It also operates Starlink, its fast-growing satellite internet business, which has become one of the key drivers of investor interest.
SpaceX shares are expected to begin trading on the Nasdaq under the ticker symbol SPCX. According to the Wall Street Journal, the company’s trading debut is expected around midday Friday, as bankers work to match buy and sell orders before opening the stock for public trading.
The IPO could become the largest in history. SpaceX priced its shares at $135.00 each and is selling approximately 555.6 million shares, raising about $75.00 billion. This gives the company an IPO valuation of roughly $1.77 trillion, placing it among the most valuable companies in the world immediately after listing.
Investor demand for the offering has been exceptionally strong. Reuters reported that demand for the IPO was approaching four times the planned offering size, reflecting significant interest from both institutional and retail investors.
Major technology investors are also set to benefit from SpaceX’s soaring valuation. Alphabet Inc. (NASDAQ: GOOGL), Google’s parent company, invested in SpaceX in 2015 when the company was valued at around $12.00 billion. Reports indicate that Alphabet still owns roughly 6% of SpaceX, making its stake worth more than $100.00 billion at the IPO valuation.
Despite the excitement, the IPO also comes with valuation risks. At about $1.77 trillion, SpaceX is being valued at a very high multiple of revenue, meaning investors are pricing in years of future growth from Starlink, reusable rockets, defense contracts, and potential AI-related infrastructure projects. This makes SPCX one of the most closely watched and potentially volatile IPOs of 2026.
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