SpaceX Stock (Nasdaq: SPCX): Pre-IPO History & Valuation
Publicly traded — Nasdaq: SPCX — SpaceX completed its IPO on 12 June 2026 and trades on Nasdaq under the ticker SPCX. It is no longer available as a pre-IPO investment.
Status source: Nasdaq listing, 12 June 2026
$141.31 per share (Nasdaq: SPCX share price)
Source: Nasdaq: SPCX share price · as of 3 November 2026
Last round valuation: $1.78T
Source: IPO, June 2026, post-money
Total raised: $85.7B
Data last updated: 3 November 2026
About SpaceX
Leading aerospace company, now combined with xAI (Grok) — the SpaceX–xAI merger closed in February 2026 at a $1.25T valuation.
SpaceX is Elon Musk's vertically integrated aerospace company (founded 2002), controlling 65%+ of the global commercial launch market; Falcon 9 has flown 610+ missions. Starlink (10,000+ satellites, 10M+ subscribers) is its only profitable segment, with $11.4B in revenue (+50%) at a 63% EBITDA margin. Total revenue is $18.7B, with a net loss of roughly $5B driven by xAI's capex. An S-1 was filed April 1, 2026, targeting up to $75B raised at a valuation above $2T — the largest IPO in history.
- Sector: Aerospace
- Headquarters: Hawthorne, CA
- Founded: 2002
Key highlights
- IPO in 2 months — the entry window is closing. The S-1 was filed April 1, 2026. The prospectus opens in late May, with the roadshow starting June 8, targeting up to $75B raised at a valuation above $2T. 25-30% of shares are reserved for retail investors — "more than any IPO in history." This is the last chance to get in before public trading begins.
- Instant Nasdaq-100 inclusion = a wave of demand. Under the new Fast Entry rule (effective May 1, 2026), large IPOs join the index in 15 days instead of 3 months. At a $2T market cap, SpaceX would enter the Nasdaq-100 top 10, forcing ETFs like QQQ ($300B+) to buy shares — tens of billions of dollars in automatic demand.
- Starlink is a cash machine with a 63% margin. $11.4B in revenue, $7.2B EBITDA, roughly $3B in free cash flow — the only profitable segment, and it's what funds the loss-making rocket business (-$3B) and xAI (-$14B). Investors are effectively buying Starlink, with rockets and AI thrown in.
- The government is the most reliable customer. $24.4B+ from the federal government since 2008. SpaceX has no real alternative as a contractor — Boeing's Starliner has failed and Blue Origin is years behind. NASA, Space Force, and NRO contracts provide stable revenue for decades to come.
- A roughly 6-month lockup period. After the June IPO, insiders won't be able to sell shares for about 6 months (until December 2026), limiting supply and supporting the price. Analysts expect a valuation above $3T by the time the lockup expires — a potential 1.7-1.9x.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 11 June 2026 | IPO | $135.00 | $1.78T |
| 15 February 2026 | M&A | $105.40 | $1.25T |
| 15 December 2025 | Tender offer | $84.20 | $800B |
| 15 December 2024 | Tender offer | $37.00 | $350B |
| 15 June 2024 | Tender offer | $22.40 | $210B |
| 15 December 2023 | Tender offer | $19.40 | $180B |
| 15 June 2022 | Tender offer | $140.00 | $125B |
| 15 April 2021 | Equity | $84.00 | $74B |
Frequently asked questions
Can I buy SpaceX stock?
Yes — on the public market, through any broker. SpaceX completed its IPO on 12 June 2026 and trades on Nasdaq under the ticker SPCX. It is no longer available as a pre-IPO investment. There is no pre-IPO allocation to offer.
What is the SpaceX stock price?
The share price is set by the public market and changes continuously. The figure on this page is the Nasdaq: SPCX share price, $141.31 as of 3 November 2026; use a market data provider for the live quote.
When will SpaceX IPO?
SpaceX completed its IPO on 12 June 2026 and trades on Nasdaq under the ticker SPCX. It is no longer available as a pre-IPO investment.
Is SpaceX publicly traded?
Yes. SpaceX completed its IPO on 12 June 2026 and trades on Nasdaq under the ticker SPCX. It is no longer available as a pre-IPO investment.
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Risk disclosure
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.