SpaceX Goes Public: The IPO That Changed Wall Street

For years, investors asked the same question: When will SpaceX finally go public? In June 2026, they got their answer.

By Brent Cassity

Reporting from Austin, Texas, USA

June 13, 2026     Updated 9:31 p.m. ET

Elon Musk’s space and satellite giant made history with the largest initial public offering ever recorded, raising approximately $75 billion and debuting on the Nasdaq under the ticker symbol SPCX. The offering valued the company at roughly $1.75 trillion before trading even began, making it one of the most valuable corporations on Earth.

The excitement surrounding the IPO was unlike anything Wall Street had seen in decades. Shares priced at $135 and surged during their first day of trading, pushing SpaceX’s market capitalization above $2 trillion. The rally also propelled Elon Musk’s personal fortune past the trillion-dollar mark, making him the world’s first trillionaire.

Founded in 2002, SpaceX transformed the aerospace industry through reusable rockets, commercial space launches, and the Starlink satellite internet network. The company’s dominance in global launch services and satellite communications helped fuel investor enthusiasm despite ongoing concerns about profitability. While SpaceX generated nearly $19 billion in revenue during 2025, it also reported significant operating losses as it continued investing heavily in future projects, including Starship and Mars exploration initiatives.

Retail investors played a major role in the offering. SpaceX reserved an unusually large portion of shares for individual investors, creating unprecedented demand across brokerage platforms. Many investors viewed the IPO as an opportunity to participate in a company long considered one of the world’s most valuable private enterprises.

Not everyone is convinced the valuation is justified. Critics argue that SpaceX’s market value reflects investor optimism more than current financial performance. Supporters counter that the company’s leadership in space transportation, satellite communications, and emerging technologies gives it enormous long-term potential.

Regardless of where the stock trades next, one thing is clear: SpaceX’s IPO has become a defining financial event of 2026 and may signal the beginning of a new era in both space exploration and public investing.