Elon Musk's SpaceX Prepares for Record IPO Amid Trillion-Dollar Valuation Buzz

Elon Musk's SpaceX has made its highly anticipated public debut on the Nasdaq exchange today, June 12, 2026, under the ticker symbol SPCX, following an initial public offering (IPO) priced at $135 per share. The historic offering successfully raised approximately $75 billion, marking it as the largest IPO in history and valuing the company at an estimated $1.75 trillion to $1.78 trillion. This colossal valuation positions SpaceX among the world's most valuable companies immediately upon listing.

Investor demand for SpaceX shares was exceptionally robust, with the offering reportedly oversubscribed by several multiples, attracting more than $250 billion in bids. The company, known for its space exploration endeavors with Falcon and Starship rockets, also encompasses the Starlink satellite internet service and the recently merged xAI artificial intelligence division. The IPO is also seen as a significant step that could bring Elon Musk closer to becoming the world's first trillionaire.

Despite the record-breaking success, the IPO has faced scrutiny, particularly concerning its valuation given that SpaceX reported a net loss of nearly $4.9 billion in 2025 and $4.28 billion in the first quarter of 2026. Some analysts, including Morningstar, have expressed concerns that the shares are significantly overvalued compared to fundamental analysis, estimating a fair value considerably lower than the IPO price. Additionally, Senator Elizabeth Warren had called for a delay, raising questions about the company's governance structure, where Elon Musk retains substantial voting control, and investor protections.