SpaceX Prepares for Record-Breaking IPO, Opening Shares to Retail Investors
SpaceX raised $75 billion in the largest initial public offering in history on June 11–12, 2026, selling 555.6 million shares at $135 each and valuing the company at $1.77 trillion before shares opened on Nasdaq under the ticker SPCX. On its first trading day, the stock surged roughly 19%, closing at approximately $161 and pushing SpaceX's market cap above $2 trillion, which lifted Elon Musk's net worth past $1 trillion and made him the world's first trillionaire. The IPO, which was oversubscribed by more than three times with over $250 billion in investor demand, marks a pivotal moment for public markets, AI investment, and the commercial space industry, while also raising significant questions about valuation, corporate governance, and the forced exposure of passive retirement investors.
SpaceX priced its IPO at $135 per share on June 11, 2026, raising $75 billion — nearly three times the previous record set by Saudi Aramco in 2019 — and valuing the company at $1.77 trillion despite posting a net loss of $4.9 billion on $18.7 billion in revenue in 2025. Shares opened at $150 on June 12 and closed at around $161, a roughly 19% first-day gain that pushed the market cap above $2.1 trillion and made Musk, who holds approximately 42% of equity and over 82% of voting power through a dual-class share structure, the world's first trillionaire with an estimated net worth exceeding $1.1 trillion. The offering attracted more than $250 billion in total investor demand and was heavily oversubscribed, with retail investors — who were allocated an unusually large 20–30% of shares — submitting over $70–100 billion in orders. SpaceX is a conglomerate spanning rocket launches, the Starlink satellite internet service (which generated $11.4 billion in revenue and $4.4 billion in operating income in 2025), and the xAI artificial intelligence division acquired earlier in 2026, which posted a $6.4 billion operating loss last year. Analysts at Morningstar valued the company at roughly $63 per share — less than half the IPO price — citing unproven orbital data-center technology and an AI business still burning billions, while Senator Elizabeth Warren called on the SEC to delay the offering over governance and valuation concerns; the IPO proceeded on schedule, and Nasdaq rule changes mean SpaceX could be added to the Nasdaq 100 index within 15 trading days, potentially forcing passive index fund holders into the stock.
How coverage differed
Left-leaning outlets such as The Guardian, NBC News, and The Verge gave more prominent coverage to overvaluation warnings, governance risks, Musk's political controversies, and the forced exposure of retirement savers through index inclusion, while center and right-leaning outlets such as the Daily Wire, Washington Times, and New York Post led with the historic achievement, wealth creation, and investor enthusiasm, with Breitbart framing the oversubscription almost entirely as a triumph with minimal critical context.
What different sources said
- CNBCCenter
Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
- Yahoo FinanceCenter
SpaceX IPO to launch this group of teachers into dream retirement — massive $11B jackpot possible. How to ride the wave
The Joy of Missing Out on SpaceX’s I.P.O.
- Yahoo FinanceCenter
A Heavily Oversubscribed SpaceX IPO Gets A Buy Rating; Space Stocks Soar
- Channel NewsAsiaCenter
Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook
- BloombergCenter
Oracle Falls on Data Center Spending; Hugo Boss, Stitch Fix Rally | Stock Movers
- The Japan TimesCenter
Locked out of IPO, Asia investors find new ways to bet on SpaceX
- Moneycontrol.comCenter
SpaceX IPO draws more than $70 billion in retail orders
- Barron'sCenter
SpaceX ‘Hopes and Dreams’ Are Propping Up Markets, But Stocks Face a Reality Check
- ForbesCenter
SpaceX Cements Final IPO Price At $135 As Retail Investor Orders Top $100 Billion (Live Updates)
- ReutersCenter
Musk's SpaceX prices record $75 billion IPO at $135 a share
- The Wall Street JournalCenter
Musk Confidant Antonio Gracias Set for $68 Billion SpaceX Win
- MarketWatchCenter
The SpaceX IPO is drawing historic demand from foreign investors. But don’t expect a dollar-buying frenzy.
- South China Morning PostCenter
SpaceX prices record IPO that could make Musk a trillionaire
- TechCrunchCenter
SpaceX officially prices shares at $135 in the largest IPO ever
Elon Musk is the world’s first trillionaire (on paper) thanks to the SpaceX IPO
- The ConversationCenter
SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days
- NDTVCenter
SpaceX's $1.77 Trillion IPO Could Create 4,400 Employee Millionaires
- The Next WebCenter
SpaceX IPO to mint 4,000 millionaires, cooks included
- Hacker NewsCenter
Why SpaceX 2040 Revenue FCST $4.3T in highly unlikely
- SemaforCenter
SpaceX IPO is oversubscribed
- BNN BloombergCenter
Elon Musk's SpaceX is about to make its debut on Wall Street. What to know
- Capital.comCenter
SpaceX IPO Targets June 2026 After SEC Filing
SpaceX heads for record $1.78tn float amid fears it is overvalued
- FortuneCenter
Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders
- BreitbartFar Right
Report: Demand for Shares in SpaceX IPO Skyrockets to 4X the Supply
- GizmodoCenter
Sen. Elizabeth Warren Makes Hail Mary Plea to Delay SpaceX IPO
- Financial TimesCenter
Here’s that ‘SpaceX’s IPO is overvalued by 114%’ research in full
- The Straits TimesCenter
Can Singapore investors buy shares in SpaceX’s IPO?
- AxiosCenter
Race-obsessed, untouchable Musk hits escape velocity from CEO rulebook
SpaceX set for world’s largest stock offering. Who will benefit?
- NPR NewsLeft
SpaceX is poised for blastoff with an IPO likely to break records
- AP NewsCenter
Elon Musk’s SpaceX is about to make its debut on Wall Street
- CBS NewsCenter
SpaceX IPO could see a "volatile few hours" after launch, market reporter says
- France 24Center
Will the stars align for SpaceX IPO?
- PBS NewsHourLeft
Why SpaceX is rocketing toward largest IPO in stock market history
- Forex FactoryCenter
As SpaceX IPO nears, traders think it's a near-certainty Musk becomes the first trillionaire
- PatchCenter
Thousands Of SpaceX Workers To Be Millionaires After IPO
- Deutsche WelleCenter
SpaceX IPO holds both promise and peril
- NBC NewsLeft
SpaceX locks in IPO price of $135, making it largest stock debut ever
- Sydney Morning HeraldCenter
ASX set to soar, Wall Street surges, oil dives as Trump says peace deal near; SpaceX prices IPO at $US135 a share
- BBC Top StoriesCenter
Elon Musk's SpaceX valued at nearly $1.8tn ahead of record share sale
- BBCCenter
Elon Musk's SpaceX valued at nearly $1.8tn ahead of record share sale
- VarietyCenter
Elon Musk’s SpaceX IPO: Company Sets Initial Stock Pricing for Biggest-Ever Public Offering at $1.77 Billion Valuation
- EuronewsCenter
From welder to wealthy: SpaceX IPO could make thousands of employees millionaires
- WiredLeft
Why You Might Already Own SpaceX Shares, Siri’s AI Makeover, and Knicks Owner’s Surveillance Machine
- UPICenter
SpaceX final IPO share price set, company valued at $1.77 trillion
- Al JazeeraLeft
Musk’s $1.8 trillion SpaceX IPO could be ‘highly undesirable’ for some
- Washington TimesRight
Elon Musk's SpaceX is about to make its debut on Wall Street. What to know
- qz.comCenter
Elon Musk addresses ASML employees on Terafab chip plant
- Business InsiderLeft
Cathie Wood's latest big bet on Elon Musk is about to pay off
- Times of IndiaCenter
Elon Musk's SpaceX raises $75 billion in record IPO debut: 10 things to know
- ABC AustraliaCenter
Government flags risk of relying on Elon Musk's SpaceX and Starlink
- TechRadarCenter
The great AI Irony: China cracks down on Western models while US companies flock to DeepSeek
Oil Held the Biggest IPO Record. Tonight It Loses the Crown.
- The Indian ExpressCenter
AI giants, SpaceX gear up for IPOs: Are these companies overvalued, and can Indians invest in them
- New York PostRight
The Hollywood power players set to make billions in Elon Musk’s SpaceX IPO
- The Globe and MailCenter
Opinion: Best of luck, you retail investors getting sucked into the SpaceX hype
- The AustralianCenter
ASX to track US rally; SpaceX’s $US75bn raise sets new IPO high
- Phys.orgCenter
A look at the SpaceX IPO by the numbers
- The TelegraphRight
Armchair investors plough £75bn into SpaceX IPO
- Investing.comCenter
SpaceX IPO makes Elon Musk the world’s first trillionaire By Reuters
- India TodayCenter
World's first trillionaire Elon Musk is now richer than Taiwan after SpaceX IPO
- Rolling StoneLeft
Jimmy Kimmel Warns Against ‘Obscenely Wealthy Weirdo’ Elon Musk Becoming a Trillionaire
- CBCLeft
SpaceX stock jumps after record IPO, making Musk the first trillionaire
- Spaceflight NowCenter
SpaceX launches Starlink mission from Cape Canaveral as stock trades on the Nasdaq for first time
- New York PostRight
Jimmy Kimmel accuses Elon Musk of ‘stealing’ as SpaceX founder becomes a trillionaire
- DawnCenter
SpaceX IPO makes Elon Musk the world's first trillionaire
- The AgeCenter
Elon Musk becomes world’s first trillionaire as SpaceX soars in Wall Street debut
- EngadgetCenter
The SpaceX IPO broke Robinhood for some people
- The VergeLeft
SpaceX is now public
- CoinDeskCenter
Live updates: SpaceX surges 26% on debut, while bitcoin stalls just shy of $64,000
- The HinduCenter
Musk becomes world's first trillionaire as SpaceX shares jump
- Space.comCenter
SpaceX's stock wasn't the company's only launch today — It also put 29 Starlink satellites in orbit
- Daily WireRight
Elon Musk Becomes First Trillionaire After SpaceX IPO
- Sky News USCenter
<a href='https://news.sky.com/video/spacex-is-about-to-make-history-but-is-it-musks-biggest-gamble-13553218'>The catch in Elon Musk's SpaceX offering</a>
SpaceX starts trading today. Here's what ASX investors need to know
- SlateLeft
IPO to the Moon
- The HillCenter
Elon Musk poised to become world’s first trillionaire with SpaceX IPO
- NewserCenter
He's Been Quietly Amassing SpaceX Stock for 15 Years
- investingLiveCenter
investingLive Americas market news wrap: SpaceX IPO succeeds, mixed signals on Iran
- SalonLeft
SpaceX IPO: Why insiders like Elon Musk are much likelier to cash in big than public buyers
- MintCenter
SpaceX IPO winners list: From Elon Musk's $750 billion to Google's $132 billion payday
- inc.comCenter
An Intern Disobeyed His Parents and Joined SpaceX in 2011. Following Its Historic IPO, He and Thousands of Other Employees Are Now Millionaires
- The RegisterCenter
SpaceX's $75B IPO has investors seeing stars
- Global News CanadaCenter
SpaceX is set to be the largest ever IPO. Everything you need to know
- The IndependentLeft
Giant inflatable Elon Musk appears in Times Square ahead of SpaceX IPO
- ABC NewsCenter
WATCH: Why investors can't get enough of SpaceX
- Scientific AmericanCenter
SpaceX’s historic IPO ignites the new space race
- InvestopediaCenter
SpaceX IPO Today: Live Coverage as Stock Opens at $150, Above IPO Price
- The EconomistCenter
The value of SpaceX rockets on its stock-market debut
- Visual CapitalistCenter
Ranked: The Biggest IPOs in History—and Where SpaceX Fits In
- Ars TechnicaCenter
SpaceX is now a public company valued for its AI potential, so what comes next?
- The BulwarkCenter
SpaceX, Late-Stage Capitalism, and the Trillionaire’s Race War
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