SpaceX began trading on the Nasdaq today under the ticker symbol SPCX. The company completed the largest Initial Public Offering in history.
SpaceX priced 555.6 million shares at $135 each. The offering raised approximately $75 billion. The company launched with a market valuation of $1.77 trillion. This valuation immediately places SpaceX among the world's most valuable companies.
Investor demand followed the expansion of the Starlink satellite internet service. The offering was heavily oversubscribed despite a reported net loss for 2025. Investors signaled confidence in Elon Musk’s vision for space exploration, global communications, and AI. This IPO serves as a major test for market appetite regarding high-growth, capital-intensive technology ventures.