SpaceX is public. Space Exploration Technologies began trading on the Nasdaq today, June 12, 2026, under the ticker SPCX, in the largest initial public offering in history.
The company priced its IPO at $135 a share and sold about 555.6 million Class A shares, raising roughly $75 billion. If the underwriters exercise their full 30-day option for up to 83.3 million additional shares, the total rises to about $86.25 billion. At the offer price, SpaceX is valued near $1.77 trillion.
The deal at a glance
- Ticker: SPCX, on the Nasdaq Global Select Market and Nasdaq Texas
- Price: $135.00 per Class A share
- Shares offered: about 555.6 million, up to roughly 639 million with the over-allotment
- Proceeds: about $75 billion, up to $86.25 billion
- Valuation: about $1.77 trillion, the biggest IPO ever
- Book-running managers: Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup, J.P. Morgan, Barclays, Deutsche Bank, RBC Capital Markets, UBS, and Wells Fargo
Why it matters
SpaceX is the first launch and satellite company of its scale to reach the public market, and the raise hands it fresh capital for Starship, the Starlink build-out, and its growing AI and data-center ambitions. For public investors, today is the first time SPCX can be bought directly through an ordinary brokerage account rather than through private secondaries or pre-IPO derivatives.
How to buy SPCX
US investors can buy SPCX through any brokerage now that it trades on the Nasdaq. For the full breakdown of the routes, including pre-IPO perpetual futures used outside the US and private secondaries for accredited investors, see our guide: How to Buy SpaceX Stock in 2026.
This is a structured news summary, not financial advice. IPO-day prices can be volatile, and a listing does not guarantee the stock holds its offer price. Verify the figures and do your own research before trading.