Analyzing with AI…
Coverage is mostly measured — 7 of 7 reports stay neutral.
SpaceX completed its initial public offering on June 12, 2026, raising $75 billion by selling over 555 million shares at $135 each. The stock, listed on the Nasdaq under the ticker SPCX, rose 19% on its first day of trading to close at $160.95, resulting in a market valuation exceeding $2 trillion. The IPO is considered the largest in history and serves as a significant test for investor interest in AI-related technology companies, as SpaceX has signaled plans to pivot toward artificial intelligence, including the development of orbital AI compute infrastructure and the integration of its xAI acquisition.
SpaceX raised $75 billion in its IPO, the largest capital raise in history, by issuing 555,555,555 shares at $135 per share.
The company's stock closed at $160.95 on its first day of trading, representing a 19% increase from its offer price.
CEO Elon Musk retains significant control over the company, holding approximately 85% of shareholder voting power.
Despite its valuation, the company reported a net loss of $4.3 billion in the first quarter of 2026.
SpaceX intends to use IPO proceeds to expand its rocket and satellite businesses while investing in AI microchips and space-based data centers.
SpaceX held its initial public offering on Friday, June 12, 2026.
SpaceX is listed on the Nasdaq under the ticker symbol SPCX.
No, the company reported a net loss of $4.3 billion in the first quarter of 2026.
Beyond its flagship rocket and satellite communications businesses, the company is pivoting toward artificial intelligence, including orbital AI compute infrastructure.
Every Monday — the token unlocks, Fed dates & catalysts set to move crypto and markets this week. So you’re never blindsided.
Free · 3-min read · one-click unsubscribe