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SpaceX IPO'd on June 12, 2026 — largest IPO in history at $1.75T.
Listed on Nasdaq as $SPCX at $135, hit ATH $225.64 on June 16.
Currently in a pullback — down 18% from peak.
SPCXNASDAQ
Space Exploration Technologies Corp.
LIVE PRICE
$185.00
▼ $10.20 -5.23%
Last updated: —
IPO Price
$135.00
Since IPO
+37.0%
All-Time High
$225.64
From ATH
-18.0%
Market Cap
$2.40T
IPO Date
Jun 12
Since IPO — Jun 12, 2026
Close IPO $135
SpaceX — Fundamental Snapshot (June 2026)
Market Cap (live)
$2.40T
at current SPCX price
IPO Valuation
$1.75T
priced Jun 11, 2026
Starlink Q1 Rev.
$3.26B
~$13B annualized
Starlink Subscribers
10.3M
155 countries, Q1 2026
SpaceX FY2025 Rev.
$18.7B
Starlink = 61% of total
Retail IPO Alloc.
~30%
vs 5–10% typical
SpaceX — Investor Thesis (June 2026)
SpaceX completed the largest IPO in stock market history on June 12, 2026,
pricing at $135/share on Nasdaq under $SPCX. Shares surged 19% on debut,
then continued to an ATH of $225.64 on June 16 before entering a pullback.
Starlink is the valuation anchor: 10.3 million subscribers across 155 countries,
generating $3.26B in Q1 2026 alone — annualising to $13B+. Analysts project Starlink drives
~79% of SpaceX's $23.6B projected 2026 total revenue.
Starship V3 with Raptor 3 engines completed Flight 12 in May 2026. NASA depends
on Starship for Artemis 4 (2028 lunar landing). Uncrewed Mars missions
are targeted for Nov–Dec 2026 — a long-horizon catalyst with no comparable private company.
Catalysts & Milestones
2024
Starship IFT-5: first booster catch by Mechazilla. Valuation hits $350B. Starlink passes 4M subscribers.