SpaceX IPO: Latest News and Key Updates

SpaceX has long held the fascination of media, investors, and the public, driven by its reusable rocket launches, the expansion of Starlink, and its founder and CEO, Elon Musk.

In its 24-year history, nothing compares to this IPO. The massive scale has drawn widespread interest. SpaceX priced 555.6 million shares at $135 each, raising $75 billion — the largest IPO ever. At that valuation, Musk is on track to become the world’s first trillionaire.

TechCrunch has covered SpaceX from its early days through its struggles and successes. We’ll continue to track what comes next. This article will be updated with the latest SpaceX IPO news.

The Latest on the SpaceX IPO

SpaceX shares opened at $150 on the Nasdaq, an 11% gain for the most anticipated debut ever. The stock has continued to climb. In midday trading, shares surged 30%.

As expected, trading volume was heavy. Robinhood reported record-breaking traffic on its platform in the hours after SpaceX’s historic public market debut.

SpaceX COO Gwynne Shotwell spoke with CNBC on Friday, and among her remarks, one stood out for Tesla shareholders. She suggested that a merger between SpaceX and Tesla might make Elon’s life a little easier.

How to Track the SpaceX IPO

With an offering of this size, a lot of financial machinery works behind the scenes. The first question is when the stock will actually start trading. SpaceX is debuting on Nasdaq, and the official listing will show the price as soon as it’s available. Nasdaq also has a video of the SpaceX crew ringing the bell, if that interests you.

The price is only one piece of the story. For real-time updates, financial news outlets like Bloomberg and CNBC are your best sources, with live blogs and close coverage of any issues during the stock’s market debut.

The SpaceX IPO by the Numbers

Here we examine the key numbers, significant figures, and eye-watering amounts from SpaceX’s S-1 filing.

For instance, SpaceX lost $4.9 billion on revenues of over $18 billion in 2025. That’s only a fraction of the more than $37 billion lost since SpaceX’s inception.

As CEO, Elon Musk holds about 85.1% of the company’s voting power. You can read more about that in the next section, “Who Wins and Who Doesn’t” — and we’ll continue to add interesting numbers here.

Another figure that caught our attention: 4,400. That’s how many SpaceX employees could become millionaires, according to the New York Times.

Elon Musk can’t hear you over the sound of his $1.75 trillion IPO: The Equity podcast weighs in on the IPO.

Who Wins and Who Doesn’t

SpaceX’s IPO is the largest in history, delivering a massive payday for certain investors, employees, and of course, Elon Musk.

Elon Musk becomes the world’s first trillionaire after SpaceX’s historic IPO: The IPO has boosted Musk’s paper wealth to over $1 trillion at a time when he is more hated — and powerful — than ever.

How Elon Musk will increase his power through the SpaceX IPO: Musk, who will hold more than 50% of voting power, will have a monarchical grip over the publicly traded SpaceX — control far beyond what other tech founders enjoy.

Who will benefit most from the SpaceX IPO? Mostly Elon — and a few in his inner circle: Elon Musk holds the largest stake, but others also stand to gain. Here’s a breakdown of ownership.

SpaceX SPV investors won’t know their true holdings until post-IPO lock-ups lift: After the public debut, lower-tier SPV investors face hidden fees, long payout delays, and the risk of fraud.

What’s in the S-1

The S-1 registration document offered an unprecedented look inside SpaceX, including its financials and business segments. The document was amended as the IPO date neared, and we tracked those changes. Here’s what we found.

The SpaceX IPO filing is filled with AI bets, Starship dreams, and Elon Musk at the center: The filing reveals a business dominated by Starlink, over $37 billion in losses, and future prospects via its xAI division.

Starship’s path to reusability looks murky after SpaceX’s S-1: The IPO and Starship test flight provided two key data points that paint a realistic picture for the coming years — one that may disappoint both supporters and critics.

SpaceX warns investors of future dilution, adding fuel to Tesla merger rumors: The company added language to its S-1 warning that significant dilution could occur after going public.

Pre-IPO Deals and Events

In the lead-up to the IPO, SpaceX secured a series of deals, primarily selling compute capacity to strengthen its balance sheet.

Anthropic will pay xAI $1.25B per month for compute: Initial coverage of the Anthropic deal on May 20.

How long is Anthropic’s lease with SpaceX? Opinions vary: Elon Musk keeps downplaying the duration of the contract.

Google will pay SpaceX $920M per month for compute: A Google representative described it as a short-term deal to address unexpected demand for its new AI products.

This article was originally published at 10 am ET on June 12, 2026. It has been updated with new coverage of the SpaceX IPO, share price, and other related events.