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SpaceX (SPCX) IPO Launches June 12, Targeting $75 B Revenue

6/6/2026

Summary

SpaceX IPO

SpaceX will start Nasdaq trading as SPCX on June 12, 2026 at $135 per share.
The IPO will sell 555.6 million shares, with an option for 83.33 million, targeting $75 billion in proceeds and allowing up to 30 percent of shares to be offered to retail investors.
Elon Musk will retain over 80 percent voting power via a dual-class structure.
SpaceX posted 2025 revenue of $18.7 billion and a net loss of $4.9 billion.

Summary

Coinbase launches futures

Coinbase launched perpetual futures on SpaceX, letting retail traders gain exposure without owning shares.
Analysts at Truist and JPMorgan warn the large retail allocation could spark early-day volatility.
Nasdaq rule may add SpaceX after the IPO, with S&P 500 changes potentially admitting it six months later, creating 401(k) exposure concerns.
Critics Jay Woods and George Noble say tweaks benefit insiders, with Intuitive Machines’ shares falling on the SpaceX IPO news.

Summary

SpaceX Launch

Thousands gathered on South Padre Island, Texas, for a SpaceX rocket launch, far exceeding previous crowds.
Nicki Minaj attended in a black “Starship” T-shirt and called it her first launch.
Reddit rocket-science forums posted that the IPO could fund future space exploration.
X livestreams featured real-time chatter about how high the stock price might rise on the first trading day.

History

Historical Context

Amazon's May 1997 Nasdaq IPO arrived at the peak of a dot-com boom that drove the Nasdaq Composite up roughly 400% between 1995 and its March 2000 high. Today’s tech IPOs echo that pattern, reviving investor enthusiasm for retail-focused offerings while recalling the era’s rapid valuation growth and market volatility in financial.

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SpaceX IPO

SpaceX will start Nasdaq trading as SPCX on June 12, 2026 at $135 per share.
The IPO will sell 555.6 million shares, with an option for 83.33 million, targeting $75 billion in proceeds and allowing up to 30 percent of shares to be offered to retail investors.
Elon Musk will retain over 80 percent voting power via a dual-class structure.
SpaceX posted 2025 revenue of $18.7 billion and a net loss of $4.9 billion.

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