SpaceX has been attracting media, investor and public attention for years now – the company’s reusable rocket launches, the rise of its Starlink satellite network and, of course, the interest in its founder and CEO Elon Musk.
But nothing in its 24-year history compares to this initial public offering. Everyone seems to be interested, and maybe that’s because of the size of this IPO. The company priced its 555.6 million shares at $135 each to raise $75 billion, making it the largest IPO in history. At that price, the deal also looks set to make Musk the world’s first trillionaire.
TechCrunch has followed SpaceX’s inception, struggles, and successes since its early days. We are here for what happens next. This article will be constantly updated with all the SpaceX IPO news.
The latest
SpaceX shares It opened at $150 11% pop for the most-anticipated debut in history on the Nasdaq public exchange. And it continued to rise. Stocks continue to rise as well (we’ll update that here). Shares of SpaceX were up more than 26% at $170.82 as of 1:38 p.m. ET.
As expected, there was heavy trading volume. Robinhood said he saw it “record-breaking traffic on the trading platform just hours after SpaceX’s historic debut on the public markets.
How to watch the SpaceX IPO
With such a large offering, there are a lot of financial mechanisms at work behind the scenes – so the first question is whether the shares will be available on the market to start trading. SpaceX debuts on Nasdaq and you can see the official Nasdaq listing herewill have a record price soon. Nasdaq also has a video of the SpaceX crew the bell ringsif that’s your thing.
But price is only part of the picture. Your best bet for the most up-to-date information is still the financial press Bloomberg and CNBCboth have live blogs and will closely cover any hiccups in the stock market.
By the numbers
Here, we look at the bigger numbers, the sequential numbers, and the eye-watering amounts that make up a company’s S-1 form.
For example, SpaceX lost $4.9 billion in 2025 on revenue of more than $18 billion. That’s just a fraction of the more than $37 billion in lost revenue since SpaceX’s inception.
As CEO, Elon Musk holds approximately 85.1% of the company’s voting power. You can read more about it in the section “Who Wins and Who Doesn’t” – and we will continue to write interesting numbers here.
Another number that caught our attention… 4400. This is the number of SpaceX employees who could become millionaires. According to the NYT.
Elon Musk can’t hear you over the sound of his $1.75 trillion IPO: Equity podcast influences IPO.
Who wins and who doesn’t
SpaceX is the world’s largest IPO in history, and it means a big payday for some investors, employees and, of course, Elon Musk.
Elon Musk became the world’s first trillionaire after SpaceX’s historic IPO: The SpaceX IPO boosted Musk’s paper fortune by more than $1,000,000,000,000, and at a time when he’s more hated and powerful than ever.
How Elon Musk will increase his power through the SpaceX IPO: Musk, who will own more than 50% of the voting power, will have monarchical control over the publicly traded version of SpaceX — control that goes far beyond what other tech builders enjoy.
Who will benefit most from the SpaceX IPO? Mostly Elon – and a few of his inner circle: Elon Musk owns the largest stake in SpaceX with billions of shares, but others will gain as well. Here’s a rundown of who owns what.
SpaceX SPV investors will not know their true ownership until after the IPO locks are lifted: After SpaceX makes its public debut, low-level SPV investors face the risk of hidden fees, long payment delays and outright fraud.
What’s in the S-1
S-1 registration document gave the world an unprecedented look inside SpaceX, including its finances and various businesses. As the IPO date approached, the S-1 continued to be modified and we were on it. Here’s what we found.
The SpaceX IPO filing is full of AI bets, Starship dreams and Elon Musk at the center: The content of the SpaceX IPO details its business, dominated by its Starlink satellite internet offering, a loss of more than $37 billion and future business prospects through its xAI unit.
SpaceX’s path to Starship reuse after S-1 looks bleak: SpaceX’s IPO and the Starship rocket test flight provided two big data points that offer a realistic outlook for the coming years — and one that could disappoint both the company’s boosters and its critics.
SpaceX warns investors of future dilution, adds fuel to Tesla merger rumours: The company added new language to its S-1, warning potential investors that a big downgrade could be in the cards once disclosed.
Pre-IPO deals and events
Leading up to its IPO, SpaceX struck a series of deals, mostly selling computing, to improve its balance sheet.
Anthropic will pay xAI $1.25 billion per month for computing: Initial coverage of the Anthropic deal on May 20.
How long is Anthropic’s lease with SpaceX? Opinions vary: Elon Musk continues to reduce the duration of SpaceX’s contract with Anthropic.
Google will pay SpaceX $920 million per month for computing: A Google representative described the deal as a short-term deal to meet unexpected demand for its recently launched AI products.
This article was originally published on June 12, 2026 at 10:00 am. It is updated with new information about the SpaceX IPO, stock price and other related events.
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