SpaceX sets – SpaceX has set its final IPO price at $135 a share and will sell 555.5 million shares of Class A common stock, valuing the company at about $1.77 trillion. The stock—ticker “SPCX”—is set to begin trading publicly on Nasdaq on Friday, June 12, after an offer sc
For anyone trying to follow the IPO from a distance, there’s a simple moment that always changes the mood: the first trade. On Friday, June 12, SpaceX will step onto Nasdaq under the ticker “SPCX,” turning months of hype into the first real signal from the market.
The numbers are already set—and they come with pressure attached. SpaceX has set its final IPO price at $135 a share and will sell 555.5 million shares of its Class A common stock. The company’s total valuation is reported at $1.77 trillion.
The deal is expected to close on June 15. SpaceX has also granted underwriters a 30-day option to purchase up to an additional 83.3 million shares of its Class A common stock at the initial public offering price.
There’s no fixed timetable for when trading will begin after the opening bell, but companies often wait a bit after the market starts. Once the stock starts moving, the share price is likely to fluctuate—and the question investors are already asking is blunt: is the price tag too high?
Right now, the SpaceX IPO is positioned as the largest in history, topping Aramco, Saudi Arabia’s state-owned oil giant, which currently has a market cap of around $1.74 trillion.
“It’s a big deal because it’s literally a big deal,” analyst Matt Kennedy told The New York Times. Kennedy, the Renaissance Capital senior strategist, described the deal as “very pricey,” warning that a weak market debut could drag the market down and signal “the market peaked.”
That’s part of what makes this listing feel bigger than SpaceX itself. This isn’t just about one stock finding its footing. It’s about whether the market rewards a valuation at this level—and whether the timing of that first day becomes a broader tell.
Beyond the record-chasing headlines, there’s also a different shopping experience built into this IPO. SpaceX is expected to make somewhere between an estimated 20% to 30% of its shares available to regular retail investors—much higher than the typical 5% to 10% allocation—through major brokerages and platforms including Fidelity. Charles Schwab. Robinhood. E-Trade. and SoFi. Fidelity, in particular, even decided to cut its account minimum for those who want in.
Those mechanics matter on debut day. If regular investors can access a larger slice than usual, their buying and selling can shape the early price action just as much as institutional demand.
For now, the countdown is straightforward: Friday’s Nasdaq start under “SPCX,” the offer closing on June 15, and a 30-day underwriter option that could add up to 83.3 million more shares bought at $135. The market will watch each step—but the first trade will do the loudest work.
SpaceX IPO SPCX ticker Nasdaq debut $135 IPO price 555.5 million shares $1.77 trillion valuation retail allocation Fidelity Robinhood Charles Schwab E-Trade SoFi IPO close June 15
135 bucks?? that’s insane lol
So is this like the same as when they “go public” but for the rocket stuff? I saw Nasdaq and thought it meant it already started trading… I guess not. Also $1.77 trillion sounds fake, like who values a company that high already?
I don’t get it, if it’s the biggest IPO ever then why are people saying it might be too high. Seems like the market would just buy it no matter what? Unless everyone already knows it’s gonna drop the first day, then yeah that makes sense. And Nasdaq debut on June 12, right? I’m confused because I keep hearing different dates on TikTok.
SPCX… is that ticker for Space X or is there some other stock inside it? 555.5 million shares and they can add 83.3 million more like that… feels like they’re loading it up. If it opens and tanks, does that mean Space Force stuff is failing? Kinda worried for the hype train either way.