SPCX is now trading on NASDAQ

🚀 SPCX Stock — SpaceX IPO Live

SpaceX made history on June 12, 2026 — the largest IPO ever at $1.77 trillion. Ticker: SPCX on NASDAQ. Here's how to buy and what you need to know.

$135
IPO Price
$1.77T
Valuation
$75B
Capital Raised
10.3M
Starlink Subs

📅 SpaceX IPO Timeline — What Happened

Feb 2026
SpaceX-xAI merger announced at $1.25T combined valuation. Grok now powers Starlink network optimization.
April 1, 2026
Confidential S-1 filed with SEC. 21-bank syndicate assembled under "Project Apex" — Goldman Sachs lead-left.
May 20, 2026
Public S-1 filing. SpaceX revealed $18.7B revenue (2025), $4.9B net loss. Starlink: $11.4B revenue, $4.4B operating income.
June 4, 2026
IPO roadshow begins. Elon Musk shared the full presentation on X. Retail investor access opened through Fidelity.
June 11, 2026
IPO priced at $135.00/share on 555.6M Class A shares. Book was ~4× oversubscribed with $250B+ demand.
June 12, 2026 — NOW TRADING
SPCX begins trading on NASDAQ. Largest IPO in history, surpassing Saudi Aramco's 2019 record. ~7th largest U.S. company by market cap.

🏦 How to Buy SPCX Stock — Best Brokers

SPCX is now live on NASDAQ. Any U.S. broker with NASDAQ access can fill an order. Use a limit order (not market order) on early trading days — expect high volatility. SpaceX reserved up to 30% of shares for retail investors.

Best for Beginners

Robinhood — Buy SPCX Commission-Free

Robinhood offers $0 commission trades on NASDAQ stocks including SPCX. Fractional shares available — invest as little as $1. Instant deposits let you buy SPCX immediately. IPO Access feature gave Robinhood users priority allocation.

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Best Overall

Fidelity — Buy SPCX with Research Tools

Fidelity is SpaceX's official retail IPO partner. $0 commissions, excellent research tools, and direct NASDAQ access. Fidelity managed a portion of SpaceX's retail allocation. Ideal for serious investors who want full analysis.

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Best for Active Traders

Interactive Brokers — Trade SPCX with Pro Tools

IBKR offers the lowest margin rates, best execution, and access to pre-market/after-hours trading for SPCX. Ideal for traders who want to capitalize on IPO-day volatility. Available in 200+ countries.

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Best International

eToro — Trade SPCX Globally

eToro supports 30+ countries and has listed SPCX. Features include copy trading (follow SPCX bulls), social trading, and fractional shares. Great for non-U.S. investors who want exposure to SpaceX.

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Indirect Exposure

Cambria ERShares XOVR ETF — SpaceX in a Fund

Not ready to buy individual shares? XOVR ETF held a 40%+ SpaceX position via SPV pre-IPO. Alphabet (GOOGL) also holds ~7M SpaceX shares. Both give indirect SPCX exposure with diversification.

Buy XOVR on Robinhood →

📊 SPCX vs Other Mega IPOs

CompanyIPO YearValuationAmount Raised
SpaceX (SPCX)2026$1.77T$75B
Saudi Aramco2019$1.7T$29.4B
Alibaba2014$231B$25B
SoftBank2018$210B$23.5B
Meta (Facebook)2012$104B$16B
Visa2008$44B$17.9B

⚖️ Bull vs Bear Case for SPCX

🐂 Bull Case

  • Starlink dominance: 10.3M subscribers, $11.4B revenue, $4.4B operating income, 50% YoY growth
  • 60%+ commercial launch market share with Falcon 9 (165 launches in 2025, record)
  • Starship reusability: Super Heavy booster catch already demonstrated
  • xAI integration: Grok powers Starlink optimization; orbital AI data centers planned
  • $24.4B in U.S. government contracts since 2008
  • 30% retail allocation — unusual for mega IPOs, shows Musk's retail-first approach

🐻 Bear Case

  • 94× revenue multiple: $1.77T on $18.7B revenue is extreme by any standard
  • $4.9B net loss in 2025 despite strong revenue growth
  • AI division burns cash: $6.4B operating loss, 61% of $20.7B capex
  • Dual-class structure: Musk has 10× voting power. Zero governance for public shareholders
  • Key-person risk: Over-reliance on Elon Musk across SpaceX, xAI, and Tesla
  • SpaceX absorbed xAI in Feb 2026 — untested merger integration

🔑 Key SPCX Facts

MetricValue
TickerSPCX (NASDAQ)
IPO Price$135.00 per share
Shares Offered555.6M Class A
Market Cap~$1.77 trillion
Capital Raised$75 billion
First TradeJune 12, 2026
2025 Revenue$18.7 billion
2025 Net Loss$4.9 billion
Starlink Revenue$11.4 billion
Starlink Subscribers10.3 million
Starlink Countries164
Falcon 9 Launches (2025)165 (record)
UnderwritersGoldman Sachs (lead), Morgan Stanley, BofA, Citi, JPMorgan + 18 more
Voting StructureDual-class (Class B = 10× votes)

❓ SPCX Stock FAQ

What is SpaceX's stock ticker?

SpaceX trades on the NASDAQ under the ticker SPCX. It began trading on June 12, 2026.

How much does SpaceX stock cost?

SPCX IPO was priced at $135.00 per share. The stock price will fluctuate during market hours. At $135, the market cap is approximately $1.77 trillion.

Can I buy fractional shares of SPCX?

Yes! Robinhood, Fidelity, and other major brokers support fractional shares. You can invest as little as $1 in SPCX.

Is SpaceX profitable?

Not yet. SpaceX reported a $4.9B net loss in 2025 on $18.7B revenue. However, Starlink alone generated $4.4B in operating income. The losses come primarily from the AI division ($6.4B operating loss) and Starship development.

What does SpaceX own besides rockets?

SpaceX absorbed xAI (Grok) in February 2026. The company operates: Falcon 9/Heavy (launch), Starlink (satellite internet), Starship (next-gen rocket), and xAI (artificial intelligence). They're also planning orbital AI data centers.

Should I buy SPCX on day one?

IPO days are extremely volatile. Consider using a limit order (not market order) and only invest what you can afford to lose. Many successful IPOs dip in the first few weeks before finding a stable price. This is not financial advice.

Ready to Buy SPCX?

SpaceX is now trading on NASDAQ. Open a broker account and place your first SPCX order today.

Open Robinhood — Buy SPCX →

Disclosure: This page contains affiliate links to brokers. We may earn a commission if you sign up through our links at no extra cost to you. This is not financial advice. Always do your own research before investing. Past performance is not indicative of future results.