# SpaceX IPO Filing On May 20, 2026, [[SpaceX]] filed S-1 paperwork for its initial public offering, targeting a $1.75T valuation under ticker SPCX on Nasdaq. The listing could launch as early as June 12, 2026. ## IPO Execution (June 2026) The roadshow launched June 4, 2026 with an unusual fixed-price structure: $135 per share, 555.6 million shares, for a ~$75 billion raise at a ~$1.77 trillion valuation. Days before the roadshow, SpaceX signed the [[Google-SpaceX xAI Compute Deal]] ($920M/month for xAI compute capacity), giving the offering an ~$11B/yr recurring revenue line as pre-IPO scaffolding. The offering priced at the fixed $135/share after market close June 11 and debuted on the Nasdaq on June 12, 2026 under ticker SPCX. Shares opened at $150 (+11% over the IPO price) and closed the first trading day at $161 (+19%), completing the largest IPO in stock-market history at roughly $75 billion raised and an implied valuation near $1.77 trillion. COO Gwynne Shotwell rang the opening bell in a dual ceremony at the Nasdaq MarketSite in Times Square and SpaceX's Starbase facility in Texas, marking the company's transition to public markets after 24 years as a private entity. Early venture backers — including [[Founders Fund]] and [[Andreessen Horowitz]] — were among the biggest winners of the listing. ## Significance Landmark public listing of the largest privately-held defense/space asset in the world. Comes directly after the [[xAI-SpaceX Merger]] consolidated Musk's AI and space assets, and surfaces previously private commercial commitments via S-1 disclosures (including the [[SpaceX-Anthropic Compute Deal]] and [[SpaceX-Cursor Acquisition]]). The IPO will create the largest single-stock holding in major index funds upon listing and dramatically increase [[Elon Musk]]'s on-paper wealth. ## See Also - [[SpaceX]] - [[Elon Musk]] - [[xAI-SpaceX Merger]] - [[SpaceX-Anthropic Compute Deal]] - [[SpaceX-Cursor Acquisition]] - [[Google-SpaceX xAI Compute Deal]]