SpaceX’s massive IPO: all the latest news

SpaceX began trading on Nasdaq on June 12 at $135 per share in one of the most anticipated and controversial public offerings in history. The IPO allows the public to buy shares of the combined rocket, AI, and social media company for the first time, raising enough money to likely make Elon Musk the world's first trillionaire.

SpaceX’s IPO on Friday allows the public to buy shares of the combined rocket, AI, and social media company for the first time, and is raising enough money to likely make Elon Musk the first trillionaire. SpaceX’s massive IPO: all the latest news He’ll have more wealth, on paper at least, than the economies of nations like Ireland, Sweden, or his home country of South Africa CNN https://www.cnn.com/2026/06/06/business/musk-trillionaire-how-much-is-one-trillion-dollars cites the International Monetary Fund https://www.imf.org/en/home saying only 20 countries have economies larger than $1.1 trillion , now largely based on the promise of a business based on launching AI datacenters /science/946593/heres-the-first-spacex-ai-data-center into space. Follow along here for the latest updates. HighlightsSpaceX is now publicThe SpaceX IPO is great for Elon Musk and terrible for you SpaceX is now public /science/947926/spacex-ipo-stock-shares-trading-elon-musk SpaceX is now a publicly traded company. In one of the most highly anticipated and controversial public offerings /business/902219/spacex-ipo-details of all time, the rocket venture helmed by Elon Musk started trading on Nasdaq on June 12th at the take-it-or-leave-it price of $135-per-share — though most retail investors will likely pay far more. Read Article /science/947926/spacex-ipo-stock-shares-trading-elon-musk Elon Musk is encouraging race riots on the eve of SpaceX’s IPO /policy/948426/elon-musk-belfast-riots-anti-immigration Elon Musk, on the verge of becoming the world’s first trillionaire /podcast/942586/elon-musk-spacex-ipo-x-xai-index-funds , is whipping up anti-immigration tensions amid ongoing riots in Belfast, Northern Ireland. Following a knife attack in the city on Monday, Musk declared support for Restore Britain, a hard-right populist political party that advocates for large-scale migrant deportation in the UK. He reposted statements from party leader Rupert Lowe calling for https://x.com/RupertLowe10/status/2064266253284315181?s=20 “a vast number of people” to be forced out of the country, as well as a promise from Lowe to “prosecute officials and politicians who knowingly placed dangerous third world savages in our communities.” “This is the way,” Musk added https://x.com/elonmusk/status/2064369981811286125 to his repost.Musk also shared a list https://x.com/Conflict Radar/status/2064358217384120444?s=20 of protest locations in the city, saying, “Only by protesting REPEATEDLY and LOUDLY will there be any change ” Read Article /policy/948426/elon-musk-belfast-riots-anti-immigration - Here’s the first SpaceX AI data center. “What we’re showing here is kind of a draft version of the version one of the SpaceX AI satellite,” said Elon Musk at the reveal on Monday https://x.com/SpaceX/status/2064099405758906727 . “It’s actually much simpler than a Starlink satellite.” The release of renders and specs for the space-based AI1 data center is very much timed to lend credence to the SpaceX IPO /ai-artificial-intelligence/940001/elon-musk-spacex-ipo-ai , which is set to begin trading on Friday. The SpaceX IPO is great for Elon Musk and terrible for you /ai-artificial-intelligence/940001/elon-musk-spacex-ipo-ai I haven’t seen anything as stupid as the WeWork IPO document /2019/8/15/20806366/we-company-wework-ipo-adam-neumann in a very long time — that is, until Elon Musk filed to take SpaceX public. WeWork was a joke. SpaceX is a threat. And if Musk and his bankers have their way, you are going to be their bagholder.Lots of the top-line details leaked long before the S-1 filing itself became public. There’s the rumored valuation of more than $1 trillion. That’s despite the nearly $5 billion in losses last year https://www.reuters.com/world/spacex-conquered-stars-now-eyes-bigger-opportunity-ai-2026-04-23/ . The total addressable market TAM for SpaceX — the amount of revenue SpaceX thinks it could make if won over what it thinks is its entire customer base — was listed as $28.5 trillion. By way of comparison, the gross domestic product of the US as a whole was a hair over $24 trillion https://fred.stlouisfed.org/series/GDPC1 , according to the St. Louis Fed. Read Article /ai-artificial-intelligence/940001/elon-musk-spacex-ipo-ai SpaceX gets $4 billion contract to build missile-tracking ‘Golden Dome’ satellites /science/940207/spacex-golden-dome-satellite-contract The Pentagon awarded SpaceX a $4.16 billion contract to build missile-tracking satellites linked with President Donald Trump’s planned “Golden Dome” defense system, as reported earlier by https://www.bloomberg.com/news/articles/2026-05-29/spacex-wins-4-billion-contract-for-us-golden-dome-satellites . In Bloomberg an announcement on Friday https://www.ssc.spaceforce.mil/Newsroom/Article-Display/Article/4503728/us-space-force-accelerates-fielding-space-based-airborne-target-indicator-progr , the US Space Force says the sensor-equipped satellites https://www.spaceforce.mil/News/Article-Display/Article/4471347/securing-the-ultimate-high-ground-how-the-space-force-is-revolutionizing-airbor/ will allow it to detect and track targets from space.The Elon Musk-owned SpaceX — which recently filed for what could be the biggest initial public offering ever /business/902219/spacex-ipo-details — already has contracts with the Space Force to develop other parts of the Golden Dome. Similar to Israel’s Iron Dome, Trump’s pricey defense system https://www.bbc.com/news/articles/cqxp27j1xyjo would identify and take down missiles and other airborne targets. SpaceX is set to develop prototypes for space-based interceptors https://www.bloomberg.com/news/articles/2026-04-24/spacex-anduril-among-companies-to-win-space-interceptor-deals for the Golden Dome and also won a $2.29 billion contract https://www.reuters.com/science/us-space-force-awards-spacex-229-billion-contract-military-space-data-network-2026-05-26/ to develop its data network. Read Article /science/940207/spacex-golden-dome-satellite-contract In SpaceX’s IPO, Elon Musk is the risk factor /science/935102/spacex-ipo-elon-musk-tesla-cybertruck-xai-risk-factor The SpaceX IPO is here /business/902219/spacex-ipo-details , and it’s more than just an historic public offering that could make Elon Musk the world’s first trillionaire. It also reveals more ways in which Elon Musk’s companies interact and overlap with each other, shuffling money around in ways that are often difficult to keep track of.This is evident in ways that are both obvious and less so. A CTRL-F search for “Tesla” yields 87 results, “xAI” is mentioned 356 times, “Grok” 243 times, and “X” 267 times. Even the “Boring Company” 7 times , “Neuralink” 3 , and “Optimus” 1 get a few mentions. Throughout its 330 pages of rocket launches and interplanetary wishes, you can trace the network of ways in which Musk’s companies deal with each other. Read Article /science/935102/spacex-ipo-elon-musk-tesla-cybertruck-xai-risk-factor SpaceX just filed for what could be the biggest IPO ever /business/902219/spacex-ipo-details Elon Musk’s final frontier is officially open for business now that SpaceX has formally filed its S-1 prospectus https://www.sec.gov/Archives/edgar/data/1181412/000162828026036936/spaceexplorationtechnologi.htm with the SEC. That kicks off what could be the largest initial public offering ever /tech/887899/spacex-ipo-risks-ai when it lists on the Nasdaq stock exchange with the ticker SPCX.SpaceX generated $18.67 billion in revenue in 2025, driven largely by its Starlink satellite internet service, which brought in more than $11 billion, as reported by https://www.wsj.com/finance/spacex-files-ipo-spcx-stock-2c52451d . The company lost over $4.9 billion last year, with capital expenditures soaring to $20.7 billion last year, a leap from $11.2 billion in 2024, The Wall Street Journal as reported by https://www.nytimes.com/2026/05/20/technology/elon-musk-spacex-ipo.html?partner=slack&smid=sl-share . xAI, The New York Times which recently merged /tech/872619/elon-musk-merges-spacex-with-xai-and-x with SpaceX, lost billions last year, while growing revenue by 22 percent, according to https://techcrunch.com/2026/05/20/the-spacex-ipo-filing-has-arrived/ TechCrunch . Read Article /business/902219/spacex-ipo-details The SpaceX IPO is a trillion-dollar gamble on the future of space /science/915244/spacex-ipo-trillion-dollar-commercial-iss-nasa-launch The great SpaceX IPO is looming, allowing outside investors — including regular Joe Schmoes, or retail investors — to buy a stake in one of the buzziest and most controversial companies on the planet for the first time. Depending on who you ask, it’s either the best investment opportunity you’ll see this decade or a fool’s errand to rip off credulous Musk fanboys. With valuations of the company going to sky-high levels, over $1 trillion according to some estimates https://www.reuters.com/legal/government/how-math-works-175-trillion-spacex-valuation-2026-04-08/ , there’s certainly a furor around the potential for rich returns.But is there really any money to be made in space? Read Article /science/915244/spacex-ipo-trillion-dollar-commercial-iss-nasa-launch SpaceX reportedly files for IPO but it’s keeping the numbers secret for now /science/904991/spacex-announces-ipo-but-its-keeping-the-numbers-secret-for-now What’s expected to be the biggest IPO in human history is reportedly underway. SpaceX has filed for an initial public offering with the Securities and Exchange Commission, according to a report from https://www.bloomberg.com/news/articles/2026-04-01/spacex-is-said-to-file-confidentially-for-ipo-ahead-of-ai-rivals . But for now, the filing is confidential. Bloomberg Under SEC rules, SpaceX isn’t required to make its S-1 prospectus public until 15 days before it begins pitching to investors on its roadshow. That means we’ll have to wait for details like Starlink’s subscriber revenue, the cash burn rate of the Starship program, and how the recently absorbed xAI fits into the corporate structure. Read Article /science/904991/spacex-announces-ipo-but-its-keeping-the-numbers-secret-for-now Why is SpaceX going public? /tech/887899/spacex-ipo-risks-ai I am excited about the SpaceX IPO for all the reasons investors shouldn’t be. Maybe it’ll be a real marquee moment for Silicon Valley, but I see the potential for a shitshow. After all, more than a decade ago, Musk said that SpaceX going public before going to Mars would be bad for the company. Are private markets tapped out on cash to fund SpaceX ambitions? Elon Musk has been very clear about his feelings on publicly traded companies /2018/8/8/17664296/elon-musk-tesla-public-private-offering-stocks . Specifically: He doesn’t like them Read Article /tech/887899/spacex-ipo-risks-ai