SpaceX goes public: Everything you need to know after the IPO

SpaceX has captured the attention of the media, investors, and the public for years now — attention driven by the company’s launches of reusable rockets, the rise of its Starlink satellite network, and, of course, its founder and CEO Elon Musk.

But in its 24-year history, nothing can compare to its initial public offering. Everyone seemed interested – perhaps because of the sheer size of the IPO. The company priced its 555.6 million shares at $135 per share to raise $75 billion, making it the largest initial public offering in history and turning Musk into a The world’s first trillionaire. Inflated, this high total figure would end up being $85.7 billion.

TechCrunch has followed SpaceX’s inception, struggles, and successes from the early days. And we’re here for what happens next, too. Here’s your landing page for all the SpaceX IPO news, including notable updates now that the company is public.

SpaceX is now public. What’s next?

SpaceX acquires Cursor for $60 billion in stock: The deal was announced a few days after the IPO.

SpaceX balloons past Amazon’s valuation to $2.7 trillion: SpaceX has become the fifth most valuable company in the world, after its stock price rose 20% on June 15 and more than 8% in early trading on Tuesday.

SpaceX’s historic IPO has become very big: The largest IPO in history grew to $85.7 billion.

The latest in the SpaceX IPO

SpaceX shares opened June 12 at $150 on the Nasdaq Public Stock Exchange, representing an 11% rise to an expected debut in history. And it kept rising. Stocks also continued to rise. In midday trading, SpaceX shares rose 30%. SpaceX shares closed at $160.95, up 19%.

There was heavy trading volume, as expected. Robinhood said he saw “Traffic breaks records.” on its trading platform in the hours following SpaceX’s historic debut on the public markets.

CNBC interviewed SpaceX’s Chief Operating Officer, Gwen Shotwell, on June 12, and among the many interesting comments she made, here’s one that may catch the attention of Tesla shareholders. At some point in the interview, Shotwell said “The SpaceX-Tesla merger might make Elon’s life a little easier.”

Among the winners are the banks that brought… 500 million dollars In total fees. The big winners are Goldman Sachs and Morgan Stanley, according to the Wall Street Journal.

Musk took to X, the social media company he owns, to express his appreciation to SpaceX employees as the stock rose. “I love the wonderful people at SpaceX beyond words.” He wrote on Friday afternoon. He also retweeted a number of posts related to SpaceX’s IPO, including a photo of all the company insiders Wear green shoes In what appears to be a reference to the “green shoe option”. This is a provision in the IPO agreement that allows underwriters to sell up to 15% more shares than originally planned if demand is strong.

For a deeper look at what happened, and all the far-reaching implications of SpaceX now being a publicly traded company, Chief Reporter Sean O’Kane and Artificial Intelligence Editor Russell Brandom I sat down for a special episode of our podcast, which You can listen here Or via your podcast player of choice, or Queue it on YouTube here.

How to track the SpaceX IPO

With an offering of this size, there are a lot of financial mechanisms at work behind the scenes – so the first question is when the stock hits the market to start trading. SpaceX debuted on the Nasdaq and you can see the official Nasdaq listing herewhich will have a standard price once there is one. Nasdaq also has a video of the SpaceX crew Bell ringingIf that’s your thing.

But price is only part of the picture. For the latest information, your best bet is financial press outlets such as Bloomberg and CNBCboth of which have live blogs running and will have close coverage of any hiccups that occur in getting the stock to market.

SpaceX IPO by the numbers

Here we look at some of the bigger numbers, consequential numbers, and staggering amounts that make up a company’s S-1 form.

For example, SpaceX lost $4.9 billion on revenue of more than $18 billion in 2025. This is only a small portion of the more than $37 billion lost since SpaceX was created.

As CEO, Elon Musk owns approximately 85.1% of the voting power in the company. You can read more about that in the next section “Who Wins and Who Doesn’t” – and we’ll keep mentioning interesting numbers here.

And here’s another number that caught our attention… 4,400. This is the number of SpaceX employees who could become millionaires, According to the New York Times.

Elon Musk can’t hear you over the sound of his $1.75 trillion IPO: Stock Podcast Impacts IPO.

Who wins and who doesn’t

SpaceX is the world’s largest IPO in history and means a big payday for some investors, employees, and of course, Elon Musk.

Elon Musk has become the world’s first trillionaire after SpaceX’s historic IPO: SpaceX’s IPO increased Musk’s paper fortune to over $1,000,000,000,000 while becoming more hated and powerful than ever.

How Elon Musk will increase his power with the SpaceX IPO: Musk, who will have more than 50% of voting power, will have an ownership grip on the publicly traded version of SpaceX — control far beyond what other tech founders have.

Who will benefit most from a SpaceX IPO? Most of them are from Elon, some are from his inner circle: Elon Musk has the largest stake in SpaceX with billions of shares, but others will also win. Here’s a rundown of who owns what.

SpaceX SPV investors won’t know their true holdings until post-IPO lockups are lifted: After SpaceX’s public debut, lower-tier SPV investors face hidden fees, long payment delays, and the risk of outright fraud.

What’s in an S-1?

Registration Document S-1 It gave the world an unprecedented look inside SpaceX, including its financials and various businesses. The S-1 continued to be amended as the IPO date approached, and we were working on that. Here’s what we found.

SpaceX’s IPO filing is filled with AI bets, Starship dreams, and Elon Musk at the center: The contents of SpaceX’s IPO detail a business dominated by Starlink’s satellite internet offering, losses of more than $37 billion, and future business prospects through its xAI division.

Starship’s path to reusability looks murky after SpaceX’s S-1: SpaceX’s IPO and Starship rocket test flight provided two big data points that offer a sobering view of the coming years — and one that may disappoint the company’s supporters and critics.

SpaceX warns investors of future dilution, adding fuel to Tesla merger rumors: The company has added new language to its S-1, a warning to potential investors that significant paperwork dilution may occur after it goes public.

Pre-IPO deals and events

In the run-up to its IPO, SpaceX made a series of deals, mostly selling computing, to improve its balance sheet.

Anthropic will pay xAI $1.25 billion a month for computing: Initial coverage of the Anthropologie deal on May 20.

How long is Anthropic’s lease with SpaceX? Opinions vary: Elon Musk continues to downplay the length 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 that addresses unexpected demand for its recently launched AI products.

This article was originally published at 10 a.m. ET, June 12, 2026. It has been updated with new coverage of SpaceX’s IPO, stock price movements, index capture, and other related events.