For years, SpaceX has captivated the media, investors, and the general public. The company’s reusable rockets, the expansion of its Starlink satellite system, and its founder Elon Musk contribute to this fascination.
However, nothing compares to the excitement surrounding its recent initial public offering (IPO). Given the size of the offering, interest was immense. SpaceX set the price of its 555.6 million shares at $135 each, successfully raising $75 billion, making it the largest IPO in history and catapulting Musk to become the world’s first trillionaire.
TechCrunch has closely tracked SpaceX’s journey, from its challenges to its triumphs, and remains engaged for future developments. This article serves as a central hub for all pertinent news regarding SpaceX’s IPO and updates related to the company now that it is publicly traded.
SpaceX is now public. What’s next?
On its first full day of trading, SpaceX shares surged. By 2:30 p.m. ET, the stock had climbed over 15%, reaching $186.15.
The latest on the SpaceX IPO
SpaceX shares debuted at $150 on June 12 on Nasdaq, marking an 11% increase and setting the stage for a highly anticipated launch. The stock continued to rise, eventually surging 30% during midday trading before closing at $160.95, up 19% overall.
Trading volume was notably high, aligning with expectations. Financial platform Robinhood reported unprecedented traffic shortly after SpaceX’s historic market debut.
On June 12, SpaceX’s COO Gwynne Shotwell shared insights during a CNBC interview that may catch the interest of Tesla investors. She hinted that a potential merger between SpaceX and Tesla could simplify operations for Elon Musk.
Investment banks have gained significantly from the IPO, collectively earning around $500 million in fees, with Goldman Sachs and Morgan Stanley being the major beneficiaries, according to reports.
Musk expressed his gratitude towards SpaceX employees on X, the social media platform he owns, as the stock rallied. He shared a heartfelt message, emphasizing his appreciation for the team. He also reposted various IPO-related content, including a photo of employees wearing green shoes, which references the “green shoe option” in IPO agreements allowing underwriters to sell more shares if demand exceeds expectations.
For further analysis, Senior Reporter Sean O’Kane and AI Editor Russell Brandom discussed the implications of SpaceX becoming publicly traded in a dedicated episode of the Equity podcast, available on various platforms.
How to track the SpaceX IPO
Given the scale of this offering, the financial framework is complex. The key question is when the shares will begin trading. SpaceX’s listing is on Nasdaq, which will display share prices and has footage of the SpaceX team ringing the opening bell.
However, share price is just part of the complete narrative. For the latest updates, the best sources remain financial news outlets which provide live coverage and detailed reports of any fluctuations related to the IPO.
The SpaceX IPO, by the numbers
Examining the financials in the S-1 registration reveals substantial figures. For example, SpaceX reported a loss of $4.9 billion against revenues exceeding $18 billion in 2025, contributing to losses totaling over $37 billion since its inception.
As CEO, Elon Musk retains about 85.1% of the company’s voting rights. More details on shareholder dynamics will follow in upcoming sections.
Notable is the figure of 4,400—this is the estimated number of SpaceX employees likely to become millionaires as a result of the IPO.
Elon Musk can’t hear you over the sound of his $1.75 trillion IPO: The Equity podcast analyzes the implications of SpaceX’s recent public offering.
Who wins and who doesn’t
SpaceX’s historic IPO has created significant financial opportunities for investors and employees alike, especially for Musk himself.
Elon Musk becomes the world’s first trillionaire after SpaceX’s historic IPO: The IPO has significantly enhanced Musk’s wealth, positioning him at over $1 trillion amid a complex public persona.
How Elon Musk will increase his power through the SpaceX IPO: With majority voting shares, Musk retains an extraordinary level of control over SpaceX, giving him a unique authority compared to other tech founders.
Who will benefit most from SpaceX IPO? Mostly Elon — and a few from his inner circle: Musk’s substantial holdings outpace others, but there are additional winners among close associates.
SpaceX SPV investors won’t know their true holdings until post-IPO lock-ups lift: After the public offering, some lower-tier SPV investors could face hidden fees and delays in payouts, alongside the potential for fraud risks.
What’s in the S-1
The S-1 document provided an exclusive view into SpaceX’s operations, finances, and business strategies. As the IPO date approached, the document underwent several amendments, revealing key aspects.
The SpaceX IPO filing is filled with AI bets, Starship dreams, and Elon Musk at the center: The filing highlights SpaceX’s reliance on its Starlink internet service, extensive losses, and future ambitions through its xAI division.
Starship’s path to reusability looks murky after SpaceX’s S-1: Recent IPO data delivers a tangible outlook on SpaceX’s future, which may not meet the hopes of its supporters or critics alike.
SpaceX warns investors of future dilution, adding fuel to Tesla merger rumors: New language in the S-1 warns potential investors about potential dilution risks following the IPO.
Pre-IPO deals and events
Prior to the IPO, SpaceX secured several contracts, primarily involving the sale of computing resources to bolster its financial standing.
Anthropic will pay xAI $1.25B per month for compute: Reports on the Anthropic deal surfaced on May 20.
How long is Anthropic’s lease with SpaceX? Opinions vary: Musk has minimized the contract’s duration with Anthropic, generating some speculation.
Google will pay SpaceX $920M per month for compute: According to a Google representative, this agreement is designed to quickly meet demand for AI products recently introduced.
This article originally published at 10 a.m. ET, June 12, 2026, and has since been updated with new information regarding the SpaceX IPO, share prices, and other developments.
