Elon Musk’s SpaceX will go public: Live updates on what this means for you

Retail investors have put in More than $100 billion in orders for SpaceX’s upcoming IPO, underscoring strong interest in the company as it approaches what could be the largest public offering ever. Demand for SpaceX shares is much higher than the number of shares sold, or approximately three to four times the offering.

Why? One reason is that SpaceX, which has a dominant market share in the global commercial launch and satellite Internet industries, has long been a private company. This is the first opportunity for most of the public to invest.

But behind that lies what Wall Street sees as huge growth potential. Goldman Sachs, the lead underwriter of SpaceX’s planned IPO, expects SpaceX’s AI revenues to rise tenfold in the next few years. From $3.2 billion in 2025 to $322 billion by 2030. Meanwhile, major industry reports, including those from Novaspace, expect the global space economy to be broader Achieving the goal of one trillion dollars by 2034.

According to Kari Venema, senior investment editor at Kiplinger, this demand may be why SpaceX and CEO Elon Musk are taking an unconventional approach. SpaceX Fired that it IPO Marketing By saying it sells 555,555,555 shares at $135 per share. This optimistic growth outlook may be why investors are “likely willing to pay such a premium for an IPO,” Venema told CNET.

But oversubscribed stocks, where demand greatly outstrips supply, come with risks for investors, such as increased volatility and large price movements in the stock once trading begins, according to Fennema.

High demand often results in a huge “pop” in prices on the first day, followed by sharp declines when early investors cash out. There is also a degree of underwriter favouritism, with large institutional investors typically receiving priority over individual retail investors for limited shares.

Venema also referred to the so-called Musk effectwhich refers to the sudden shifts in company valuation and public perception driven by Musk’s personal actions, statements, and overall brand. This phenomenon can be a double-edged sword, as we saw in 2025, when Musk devoted significant time to the Trump administration’s unconventional government efficiency management, and Tesla’s revenues and stock prices fell sharply.

Musk’s influence itself can generate unparalleled market enthusiasm and premium valuations. “Regardless of your personal feelings about Musk, he has done extraordinary things and a lot of people want to be a part of them — as evidenced by the excitement around the SpaceX IPO,” Venema said.

If you want to buy shares in SpaceX, Venema recommends understanding the risks associated with IPOs and only buying shares with money you can afford to lose. First and foremost, talk to a financial advisor before investing.