Countdown to SpaceX IPO: A Historic Debut at $135/Share, Valued at $1.75T, Set for June 12
The most anticipated stock market debut in history is just days away. SpaceX, Elon Musk’s rocket and aerospace company, is set to begin trading on the Nasdaq under the ticker symbol SPCX on June 12, 2026, with share pricing expected after market close on June 11.
The company has set a fixed IPO price of $135 per share, targeting a raise of $75 billion across 555.6 million shares — which would make it the largest IPO in stock market history, surpassing Alibaba’s record U.S. offering. At that price, SpaceX’s valuation would reach $1.77 trillion, placing it among the most valuable companies on Earth, above Tesla’s current market cap of approximately $1.6 trillion.
In a break from Wall Street convention, SpaceX skipped the traditional bookbuilding process and went straight to a fixed price, signaling strong confidence in demand. Notably, 30% of the float has been reserved for retail investors — three times the standard allocation for mega-cap IPOs — with Fidelity offering access to accounts holding $2,000 or more. Goldman Sachs is the lead underwriter, joined by Morgan Stanley, Bank of America, Citigroup, and JPMorgan Chase. Elon Musk will retain over 82% voting control after the offering.
SpaceX also upsized its Japan IPO tranche by 25% to $2.5 billion, citing robust retail investor appetite in that market ahead of the global debut.
Source: CNBC – SpaceX targets fixed $135 IPO price for roadshow