Space Exploration Technologies Corp. · Nasdaq: SPCX · listed June 12, 2026
SpaceX became a public company on June 12, 2026, listing on the Nasdaq as SPCX in the largest initial public offering ever completed. The offer was priced at $135 the evening before; the stock opened at $150, up about 11%, and closed its first session at $160.95, a 19% gain that valued the company at roughly $2.1 trillion — briefly above Tesla.
The live price above is the regular-session quote. For the sessions around it, the SPCX premarket page and the SPCX after-hours page show the extended-hours move and whether moves of that size have historically held into the open.
| S-1 filed with the SEC | May 20, 2026 |
|---|---|
| Priced | June 11, 2026 at $135 per share |
| First day of trading | June 12, 2026, Nasdaq |
| Shares offered | 555.6 million Class A |
| Raised at the offer price | ≈ $75 billion |
| First-day open / close | $150 / $160.95 (+19%) |
| Value at first close | ≈ $2.1 trillion |
| Lead underwriters | Goldman Sachs, Morgan Stanley |
| Holders | Lock-up | Expires around |
|---|---|---|
| Pre-IPO investors | 180 days, staggered | December 9, 2026 |
| Elon Musk and insiders | 366 days | June 13, 2027 |
A lock-up is the period after an IPO during which existing holders cannot sell. The expiry matters because it is the first day a large block of previously frozen shares can reach the market. Dates here are computed from the listing date and the disclosed periods; the staggered investor schedule means some shares free up earlier.
SpaceX listed with a dual-class structure. The public holds Class A shares, one vote each. Insiders hold Class B shares carrying ten votes each, leaving Elon Musk with roughly 82–85% of the voting power after the offering. In practice Class A holders share in the company’s economics — its earnings, and any future dividends — without any say in how it is run. That is common among large founder-led listings and is worth knowing before treating a shareholder vote as meaningful.
SPCX is an ordinary listed stock: search the ticker at any brokerage and place an order. Regular trading runs 9:30 AM to 4:00 PM ET. Most brokers also accept premarket and after-hours orders; those sessions are thinner, and a move that looks large at 7 AM can fade by the open — the premarket page puts the current move in that context.
Before the IPO, exposure to SpaceX was available only through private secondary markets and a handful of funds that held pre-IPO stakes. Those routes are no longer necessary, and any product still marketing “pre-IPO SpaceX access” should be read with that in mind.
IPO figures as reported in the offering documents and contemporaneous coverage, checked September 12, 2026; lock-up dates computed from the listing date and disclosed periods. Live price via Massive. This page is information, not investment advice; see our disclaimer.