Initial public offering of SpaceX
2026 American company IPO
The initial public offering (IPO) of SpaceX, an American aerospace and artificial intelligence company founded by Elon Musk in 2002, occurred on June 12, 2026. It was the largest ever IPO, at a valuation of US$1.77 trillion. On the first trading day, the company reached a market capitalization of about $2.1 trillion, positioning SpaceX as the sixth most valuable U.S.-listed firm.
This valuation and the quantity of stock retained by Musk made him the first and only US dollar trillionaire, but were highly controversial. By late July 2026, SpaceX shares had fallen approximately 50% from their peak reached during the week after the IPO, causing Musk to lose his trillionaire status.
The IPO raised $86 billion for the company's long-term ambitions, including building orbital artificial intelligence (AI) infrastructure to meet computing needs for xAI, a SpaceX subsidiary. The company chose to be listed on Nasdaq with the ticker symbol SPCX after securing a rule change allowing its early inclusion in the Nasdaq-100 index, but not the S&P 500 index.
History
After having rejected for many years taking SpaceX public, in December 2025 Elon Musk confirmed that SpaceX would be taken public at an unspecified date.
In February 2026, SpaceX acquired Musk's artificial intelligence company xAI at a valuation of $125 billion for xAI and $1 trillion for SpaceX, making the merged company the most valuable private company ever.
As of March 2026, the New York Stock Exchange and Nasdaq were competing for the IPO listing, and SpaceX requested early inclusion on the Nasdaq-100 index as a condition for listing on Nasdaq.
“Initial public offering of SpaceX” enters the record as 2026 American company IPO. Crown Archives preserves that source wording while asking what Initial, public and offering can confirm, complicate or overturn.
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Chronology, provenance and viewpoint should be read together before a broad social or political interpretation is accepted. The source revision retrieved here is dated Sep 8, 2026. The linked authority identifier is Q138799099. None of the 0 selected statements returned an explicit reference. The first chronological checks are 2002, 2026 and 2025.
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This entry incorporates text from “Initial public offering of SpaceX” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.