SpaceX has long captured the attention of media, investors, and the public — driven by its reusable rocket launches, the rise of its Starlink satellite network, and its founder and CEO, Elon Musk. But in its 24-year history, nothing compares to this initial public offering. The sheer size of the IPO has sparked widespread interest. SpaceX priced 555.6 million shares at $135 each, aiming to raise $75 billion — making it the largest IPO in history. At this valuation, the deal could make Musk the world’s first trillionaire.
TechCrunch has followed SpaceX’s journey from its early days through its struggles and successes. And we’re here for what happens next. This article will be continuously updated with the latest SpaceX IPO news.
How to Track the SpaceX IPO
With an offering this large, significant financial machinery operates behind the scenes — so the first question is when the stock will begin trading. SpaceX is debuting on the NASDAQ under the ticker SPCX. You can see the official NASDAQ listing here, which will show the price of record as soon as it becomes available. NASDAQ also has video of the SpaceX crew ringing the opening bell.
But the price is only part of the picture. For up-to-the-minute information, your best bet is still financial press outlets like Bloomberg and CNBC, both of which are running live blogs and will provide close coverage of any hiccups in getting the stock to market.
By the Numbers
Here we look at the bigger numbers — the consequential figures and eye-watering amounts from SpaceX’s S-1 filing.
For instance, SpaceX lost $4.9 billion on revenues of over $18 billion in 2025. That’s only a fraction of the more than $37 billion lost since SpaceX’s inception.
As CEO, Elon Musk holds about 85.1% of the company’s voting power. You can read more about that in the next section, “Who Wins and Who Doesn’t” — and we’ll continue to share interesting numbers here.
Here is another figure that caught our attention: 4,400. That’s 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: The Equity podcast weighs in on the IPO.
Who Wins and Who Doesn’t
SpaceX’s IPO — the largest in history — means a big payday for some investors, employees, and of course, Elon Musk.
How Elon Musk will increase his power through the SpaceX IPO: Musk, who will retain more than 50% of the voting power, will have a monarchical grip over the publicly traded version of SpaceX — control that goes far beyond what other tech founders enjoy.
via TechCrunch