SpaceX Stock (NASDAQ: SPCX): Price, Valuation & How to Buy in 2026

SpaceX (NASDAQ: SPCX) closed at $191.82 on June 17, 2026, falling 9.3% in the company's first trading decline since its Nasdaq debut five sessions earlier. The pullback ends a three-day winning streak that briefly carried SpaceX past Amazon and Microsoft by market capitalization, and leaves shares 42% above the $135 IPO price.

SpaceX stock price today

SPCX priced its IPO at $135 per share on June 11, 2026, with SpaceX selling 555.6 million shares and raising approximately $75 billion in one of the largest U.S. public offerings on record. Shares opened the following morning at $150, an 11% pop above the offer price, and closed the debut session at $161, according to CNBC's live coverage of the offering. The stock extended gains for three consecutive sessions, reaching an intraday peak near $225 before the June 17 pullback to $191.82.

More than 196 million shares changed hands on June 17, underscoring the extraordinary retail appetite for SpaceX since the debut. Individual investors have purchased more SPCX than any other name on every single trading day since the offering, per published market data. The stock's current market capitalization stands near $2.5 trillion, placing SpaceX among the five most valuable companies in the United States.

SpaceX valuation: IPO and market cap

The June 2026 offering implied a fully diluted valuation of roughly $340 billion at the $135 IPO price. Exceptional investor demand has since lifted the market capitalization to approximately $2.5 trillion at June 17's close, a figure that exceeds the combined market caps of most aerospace and defense companies globally.

SpaceX operates two large revenue pools: launch services (Falcon 9, Falcon Heavy, and the Starship heavy-lift system) and Starlink, the low-Earth-orbit broadband network serving tens of millions of subscribers across more than 100 countries. Founder Elon Musk had previously conditioned a public offering on Starlink demonstrating sustained profitability. The 2026 IPO signals that milestone was cleared to the satisfaction of the board and the deal's lead underwriters.

Analysts at TradingKey have noted that SPCX's near-term price action reflects a sentiment-driven rally amplified by a restricted free float of roughly 4%, rather than a near-term shift in the fundamental business outlook. A standard 180-day lockup period applies to pre-IPO employees and institutional holders, meaning the bulk of insider shares are not freely tradeable until approximately December 2026.

How to buy SpaceX stock

SpaceX trades on the Nasdaq under the ticker symbol SPCX. Any brokerage account with access to U.S.-listed equities can purchase shares. The process: open or log into your brokerage, search for "SPCX" or "SpaceX," select your order type (market or limit), enter your desired quantity, and submit. Fractional shares are available on most major retail platforms including Fidelity, Charles Schwab, and Robinhood, letting investors start with any dollar amount.

Options markets on SPCX opened shortly after the IPO. Some exchange-traded funds focused on aerospace and innovation themes have also begun adding SPCX positions as the stock builds a trading history.

Investors who held pre-IPO shares through secondary platforms such as Forge Global, EquityZen, or Hiive now hold freely tradeable shares, subject to any individual lockup provisions. Those looking to add exposure now can do so directly through a standard brokerage account, the same as any other Nasdaq-listed stock.

For a full company profile, see SpaceX on StartupHub.ai.

When did SpaceX IPO?

SpaceX completed its long-anticipated public offering on June 12, 2026. The company priced 555.6 million shares at $135 each on June 11, raising approximately $75 billion, then began trading on the Nasdaq the following morning. The listing capped years of active secondary-market trading on platforms such as Forge Global, EquityZen, and Hiive, where pre-IPO shares had traded at a significant discount to the eventual IPO price.

SpaceX was among the most discussed potential IPO candidates for several years before the 2026 listing. Musk had signaled that Starlink reaching consistent profitability was the prerequisite for going public. The IPO proceeds are expected to fund continued Starship development and Starlink Gen 3 satellite deployment.

Frequently asked questions

What is SpaceX's valuation?

SpaceX's market capitalization stood at approximately $2.5 trillion as of June 17, 2026, based on a closing price of $191.82 per share on the Nasdaq.

Can I buy SpaceX stock?

Yes. SPCX trades on the Nasdaq and can be purchased through any standard brokerage account with access to U.S.-listed equities. Fractional shares are widely available on major platforms.

What is SpaceX's stock symbol?

SpaceX's ticker symbol is SPCX, listed on the Nasdaq.

When did SpaceX IPO?

SpaceX priced its IPO on June 11, 2026, at $135 per share, and shares began trading on the Nasdaq on June 12, 2026, opening at $150 (+11%).

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Not investment advice.