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

SpaceX (NASDAQ: SPCX) closed at $108.37 on July 31, 2026, down 3.4% on the session and more than 40% below its all-time high of $225.64, as investors position ahead of the company's first public earnings call on August 4 and a lockup expiration on August 6 that could release more than $100 billion in insider shares.

SpaceX stock price today

SPCX traded at $108.37 on July 31, 2026, with volume exceeding 58 million shares, well above its typical daily average. The 52-week range runs from $107.01 to $225.64, placing the stock near its post-IPO low. SpaceX carries a market capitalization of approximately $1.43 trillion, according to Nasdaq data. Over the past month the stock has shed roughly 33%, as post-IPO enthusiasm faded and new concerns emerged around dilution and Starship operations. At its peak four days after the IPO, SPCX had returned more than 67% over the offering price.

SpaceX IPO and valuation history

SpaceX completed the largest IPO in stock-market history on June 12, 2026, pricing shares at $135 each and raising approximately $75 billion on the Nasdaq, according to CNBC. The offering valued the company at approximately $1.8 trillion at listing. First-day trading closed at $161, a 19% gain over the offering price. The rally extended to $225.64 intraday on June 16 before a sustained reversal.

Three factors drove the stock off its peak. Shortly after listing, SpaceX announced a $60 billion all-stock acquisition of AI coding platform Cursor, diluting existing shareholders at an already elevated valuation, per FX Leaders. A Starship launch abort on July 16 due to engine failures added operational uncertainty, though a subsequent launch succeeded. Several analysts have also questioned whether the current market capitalization is supported by near-term financials.

Despite the selloff, the average 12-month price target across 28 analysts remains $236.71, with 27 of 28 maintaining buy ratings, according to Investing.com.

How to buy SpaceX stock

SpaceX is publicly traded, so buying SPCX stock requires no special access. Open a brokerage account at any major U.S. broker (Fidelity, Schwab, E*Trade, Robinhood), search for the ticker SPCX on the Nasdaq, and place a market or limit order. Fractional share programs allow participation at less than the full share price. Standard trading risks apply.

Investors who received shares in the IPO are subject to lockup agreements. The first major lockup expires August 6, 2026, which may introduce short-term selling pressure. Open-market buyers are not subject to lockup restrictions.

When did SpaceX IPO?

SpaceX began trading on the Nasdaq on June 12, 2026, under the ticker symbol SPCX. The IPO priced at $135 per share and raised approximately $75 billion, according to CNBC, surpassing Saudi Aramco's 2019 offering as the largest in history. The company's first public earnings call is scheduled for August 4, 2026. See our full event preview: SpaceX earnings and lockup expiration this week.

SpaceX stock: frequently asked questions

More coverage: IPO Watch | OpenAI IPO guide | Anthropic IPO guide | SpaceX company profile

Not investment advice.