finance
SpaceX Sets IPO Price at $135 per Share for $75 Billion Offering
SpaceX will begin trading under ticker SPCX on Friday with options trading starting Monday. The offering drew more than $150 billion in orders.
Jun 11, 5:08 PM·1m read1 source
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SpaceX will begin trading under the ticker SPCX at $135 per share on Friday, June 12, 2026. The company priced its initial public offering at $75 billion. Goldman Sachs and a 21-bank syndicate that includes Morgan Stanley, Bank of America, and JPMorgan attracted more than $150 billion in orders for the offering.
Options trading for SPCX is scheduled to begin on Monday. 5 trillion total addressable market. 7 trillion attributed to enterprise applications.
4 billion in revenue in 2025 and accounted for 61 percent of SpaceX’s total revenue that year. 3 million subscribers across 164 countries. Launch services contributed roughly $4 billion in revenue in 2025, or 21 percent of total revenue.
Starship development consumed about $3 billion in annual research spending during the same period. 4 billion operating loss. The company stated that xAI could burn as much as $10 billion in cash this year.
Vukovic, CIO of Oraclum Capital, said the addressable-market presentation is a storytelling device. He noted that Morningstar’s fair value estimate for SpaceX is approximately $780 billion. Vukovic added that oversubscription signals institutional investors expect the shares to trade above the $135 offering price in the first week.
