SpaceX's Record $1.8 Trillion IPO Set for June 12, 2026
SpaceX is preparing for its highly anticipated IPO on June 12, 2026, priced at $135 per share with a target valuation of nearly $1.8 trillion, potentially the largest IPO in history. Up to 30% of shares are allocated to retail investors via brokerages like Fidelity, which lowered its minimum investment to $2,000. Index funds have eased rules to include the stock quickly. However, analysts warn of overvaluation—Morningstar estimates fair value at $780 billion—and note SpaceX’s lack of annual profit, reliance on untested AI (Grok), and historical underperformance of large IPOs versus the S&P 500.
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SpaceX stock in focus as launch, Starlink business hit new milestones
SpaceX stock (SPCX) was in focus on July 9, 2026, after the company achieved two major milestones: a Falcon 9 booster launched for a record 36th time, and Starlink satellite deployments outpaced 2025 records with 1,589 satellites deployed in the first half of 2026. The stock had hit an all-time low of $145.20 the previous day, closing below its $150 IPO price, despite inclusion in the Nasdaq-100. Analyst Louie DiPalma of William Blair raised his valuation of SpaceX's rocket launch business to $546 billion, citing Blue Origin's $10 billion fundraise at a $130 billion valuation as a benchmark. Blue Origin's New Glenn rocket remains grounded after a test explosion. SpaceX has launched over 12,400 Starlink satellites, with nearly 11,000 still operational.
Yahoo FinanceSpaceX Stock Hovers at IPO Price as Blue Origin Seeks $10 Billion in Fresh Funding
SpaceX (SPCX) shares are trading near their $150 IPO opening price on July 8, 2026, after a 7% drop the previous day, despite being added to the Nasdaq 100 index. Analysts suggest the index inclusion was already priced in, and broader Nasdaq weakness is weighing on the stock. Most Wall Street analysts have issued Buy ratings, with Morgan Stanley's Adam Jonas setting a $300 price target, citing SpaceX's potential to integrate launch economics, satellite networks, and AI infrastructure. Meanwhile, rival Blue Origin, backed by Amazon founder Jeff Bezos, is reportedly raising $10 billion in its first public fundraise at a $130 billion valuation, signaling intensified competition in the private space sector.
Yahoo FinanceSpaceX Stock Hits All-Time Low Below IPO Price as Blue Origin Raises $10 Billion
SpaceX stock (SPCX) fell to an all-time low of $145.20 on Wednesday, closing at $149.29—below its $150 IPO debut price—despite being added to the Nasdaq-100 index and receiving bullish analyst coverage. The decline occurred as rival Blue Origin, backed by Amazon founder Jeff Bezos, announced a $10 billion fundraising round at a $130 billion valuation, including $4 billion from Coatue Management and $2 billion from Bezos himself. Analysts suggested the Nasdaq inclusion was already priced in, and broader Nasdaq weakness weighed on the stock. Morgan Stanley initiated coverage with a $300 price target, citing SpaceX's potential to integrate launch, satellite, and AI infrastructure. The stock remains below $200, last seen on June 16, as it enters a 'post-honeymoon' phase with markets.
Yahoo FinanceGoldman Sachs and Morgan Stanley Split on SpaceX Stock Price Target After IPO Quiet Period Ends
Goldman Sachs and Morgan Stanley, lead underwriters for SpaceX's IPO, issued divergent price targets of $205 and $300 respectively as the 25-day quiet period expired. Raymond James set a much higher $800 target with a strong buy rating, citing Starship's cost-reduction potential and AI-driven growth. RBC Capital Markets gave a $225 target. Most analyst recommendations were buy or strong buy, with targets clustered between $200 and $250. SpaceX joined the Nasdaq-100 Index, opening it to passive fund buying. The June IPO raised a record $85.7 billion at $135 per share, despite the company reporting a net loss of $4.94 billion in 2025 and $4.28 billion in Q1 2026.
Yahoo FinanceSpaceX Share Supply to Surge from 4% to 40% by December, Impacting Investors
SpaceX had the largest IPO ever, raising $86 billion, but today only 4% of shares trade publicly due to insider lockup agreements. The company, worth $2.1 trillion, will see a major increase in tradable shares by December 2026 as staggered lockup periods expire. The first unlocks begin after Q2 earnings (late July/early August), releasing up to 20% of shares. By day 180 post-IPO (~December), about 4.7 billion shares (36% of value) become eligible for sale. While not all shares will be sold, the increased supply could pressure the stock price downward. Founder Elon Musk holds class B shares with >80% voting rights. He cannot sell until June 2027. The article advises investors to wait until after lockup periods to invest, noting this supply boost is unusually large and potentially volatile.
Yahoo FinanceSpaceX Raises $25 Billion in Debt Less Than Two Weeks After Record IPO
SpaceX (NASDAQ:SPCX) raised $25 billion in investment-grade bonds just days after its record-breaking IPO, attracting nearly $90 billion in orders across five tranches maturing from 5 to 30 years. The benchmark 10-year notes priced at only 1.4 percentage points above U.S. Treasuries, a spread typically reserved for blue-chip companies with long cash flow histories. The company's stock initially surged from a $135 IPO price to over $225 before retreating 23% to trade near $156. Proceeds will repay a bridge loan and fund corporate purposes. The strong demand reflects investor confidence in SpaceX's multi-platform business model spanning launch services, Starlink satellite communications (9,600 satellites serving 164 countries), defense, and AI connectivity. The company has launched over 80% of the world's mass to orbit annually since 2023.
Yahoo FinanceSpaceX Stock Dips Below IPO Opening Price, Wiping Out Retail Investor Gains
SpaceX's stock (SPCX) continued its decline on June 23, 2026, with premarket trading dipping 4% to $148.16, below its $150 opening price from its June 12 IPO. This follows a 16% crash on Monday and prior declines of 3.6% and 5%. Retail investors who bought at the opening price are on the verge of losing their gains, while IPO institutional investors who paid $135 per share remain in profit. The company raised $75 billion in its IPO, the largest ever, and allocated 20% of shares to retail investors. Early-stage investors and employees have gained significantly on paper, but many face lockup periods that could pressure the stock further. The article highlights the volatility and risks for retail investors in high-demand IPOs.
Yahoo FinanceSpacex Stock Plunges Below IPO Close, Losing $400 Billion in Market Value
SpaceX stock (SPCX) fell 16% on Monday, June 22, 2026, closing at $154.60, below its IPO-day close of $160.90 on June 12. The decline represents a third consecutive day of losses and wiped out roughly $400 billion in market capitalization. At its peak on June 16, SpaceX had briefly surpassed both Amazon and Microsoft in market cap. The drop came after the company announced its first public bond offering targeting at least $20 billion, with proceeds intended to repay bridge loans and fund an AI buildout. Interactive Brokers economist Jose Torres noted investor wariness over the substantial cash required for technological ambitions. Despite the decline, SpaceX maintains a roughly $2 trillion valuation, ahead of Walmart and Meta. The company reported losses of $4.9 billion in 2025 and $4.28 billion in Q1 2026. The broader market also declined, with the S&P 500 down 0.43% and Nasdaq down 1.3%.
Yahoo FinanceSpacex Stock Plummets Below IPO Opening Price, Wiping Out $400 Billion
SpaceX shares fell below their $150 IPO opening price on June 23, 2026, deepening a four-session losing streak that wiped out approximately $400 billion in market capitalization in a single day. The stock briefly touched $146.88 before recovering to around $153. The selloff is part of a broader technology stock decline driven by anticipated monetary tightening under Federal Reserve Chair Kevin Warsh, with Nasdaq 100 futures dropping over 800 points. SpaceX had surged more than 40% in its first two trading days after its June 12 debut on the Nasdaq under ticker SPCX, briefly surpassing Amazon and Microsoft in valuation. Despite the sharp downturn, the stock remains more than 10% above its $135 IPO offering price. The company also disclosed $100.8 billion in cash and equivalents as of June 19 and a deal granting AI startup Reflection access to the Colossus computing infrastructure.
Yahoo FinanceSpaceX launches bond sale days after record IPO
SpaceX announced an inaugural senior unsecured notes offering on June 22, 2026, days after its blockbuster initial public offering (IPO) that raised nearly $86 billion and made Elon Musk the world's first trillionaire. The company disclosed about $100.8 billion in cash. Proceeds from the bond sale, reportedly aimed at raising about $20 billion, will be used to pay off bridge financing and for general corporate purposes, including funding an ambitious artificial intelligence and data center buildout plan, with eventual plans for data centers in space. SpaceX's market value briefly surpassed Amazon after its June 12 IPO, leapfrogging Broadcom, Meta, and Tesla.
US Top News and AnalysisSpaceX IPO Sparks Rapid Launch of Leveraged ETFs
SpaceX (NASDAQ: SPCX) executed its historic IPO on June 12, 2026, pricing at $135 per share with a valuation of nearly $1.77 trillion, making it the largest IPO ever. Within days, at least eight leveraged and inverse ETFs were launched to capitalize on the stock's volatility. Key products include the Defiance Daily Target 2X Long SpaceX ETF (SPCU) for bullish bets and the Leverage Shares 2X Short SPCX Daily ETF (SSPC) for bearish positions. SPCU seeks to deliver 200% of daily SpaceX performance, while SSPC targets -200%. SSPC carries a lower expense ratio of 0.75% compared to SPCU's 1.31%. The article warns that daily leverage resets cause volatility decay, meaning traders predicting the correct direction over weeks can still incur losses due to compounding effects.
Yahoo FinanceJim Cramer Delivers Unmistakable Verdict on SpaceX Price Action
Jim Cramer commented on SpaceX's stock performance after its IPO, noting it could not sustain its meme status. SpaceX went public on June 12, 2026 at $135 per share, surged 50% to a peak above $225, then fell about 20% to near $182 after announcing a $60 billion all-stock acquisition of AI company Anysphere (Cursor). The deal caused significant dilution concerns. Morningstar analysts lowered their fair value estimate to $62 per share, while Oppenheimer's Timothy Horan raised his target to $250, citing benefits from AI integration. SpaceX reported $18.7 billion in 2025 revenue but a net loss of $4.9 billion, raising fundamental valuation questions.
Yahoo FinanceJim Cramer Warns SpaceX Is a Meme Stock; Ross Gerber Says Tesla Chatter Fades
The article reports on shifting investor focus from Tesla to SpaceX following SpaceX's record-breaking $75 billion IPO. Investor Ross Gerber notes nobody wants to talk about Tesla anymore, calling SpaceX a more exciting story. He previously suggested Tesla is 'worthless' without a SpaceX merger. Jim Cramer warns SpaceX is trading like a 'meme stock,' comparing its volatility to GameStop. Analyst Dan Ives puts odds of a Tesla-SpaceX tie-up at 80%. Anthony Pompliano calls SpaceX 'the first mega meme stock' and urges Musk to merge the companies. SpaceX opened at $150 and closed at $176.52 on its first trading day. The article contrasts bullish and cautionary views on the space company's stock market debut and potential synergies with Tesla.
Yahoo FinanceSpaceX employee who invested 10% of paycheck for 2 years stays silent on IPO windfall
SpaceX made its highly anticipated debut on Nasdaq on June 12, 2026, with shares surging 19% on the first day, pushing the company's valuation to $2.1 trillion and making Elon Musk the world's first trillionaire. The IPO created thousands of millionaires among employees, including 27-year-old mariner Maryellyn Musselman, who cleaned up floating rocket debris. For two years, she converted 10% of her paycheck into SpaceX equity and held onto the shares, declining to disclose their current value. Musselman plans to use the proceeds to start her own business. The IPO filing also revealed $6.4 billion in operating losses for SpaceX's AI arm, xAI, sparking some concern about overvaluation and future profitability for public investors.
Yahoo FinanceSpaceX Post-IPO Analysis: Retail Investor Allocation and Market Performance
This article analyzes SpaceX's record-breaking $86.2 billion IPO, which debuted on June 17, 2026. Unlike typical hot IPOs where institutions dominate, SpaceX allocated up to 30% of shares to retail investors, with platforms like Robinhood fulfilling all 855,424 customer requests. However, demand exceeded $100 billion, leaving most retail investors with only a handful of shares. The stock opened at $150 (up 11% from the $135 IPO price), rose 30% intraday, and closed at $160.95 (up 19%), matching the historical average first-day pop. By midweek, it traded around $190. CNBC's Jim Cramer recommends long-term holding but warns the current price is nearly 50% above the IPO price. The article notes SpaceX's $41.3 billion accumulated deficit and $4.27 billion Q1 loss, questioning whether the stock is cheap despite its smooth debut.
Yahoo FinanceSpaceX Shares Drop 6% in First Decline Since Historic IPO
SpaceX shares fell 5.7% on Wednesday, marking their first decline since the company's record-setting IPO last week. The drop ended a three-session winning streak that had briefly pushed SpaceX ahead of Amazon as the fifth-largest company by market capitalization. The stock's market value fell to just over $2.5 trillion, slipping below Amazon again. Analysts at Vanda Research noted that retail investor enthusiasm for SpaceX had been unprecedented, with the stock being the most purchased by retail investors for three consecutive sessions and attracting $369.8 million in inflows—more than quadruple the amount poured into Nvidia. The IPO raised a record $85 billion amid demand exceeding $350 billion. However, finance professor Jay Ritter cautioned about the 'Elon Musk effect,' warning of potential long-term volatility and substantial downside risk due to Musk's outsized voting power.
Forbes - BusinessSpaceX Options Debut Shatters Facebook's 14-Year Record with 1.6 Million Contracts in One Day
SpaceX (NASDAQ: SPCX) set a historic options trading record on its first day, with over 1.6 million contracts changing hands—more than four times the previous record held by Facebook since 2012. The company went public on June 12, 2026, in the largest IPO ever, raising approximately $75 billion by selling 555 million shares at $135 each. By Tuesday's close, shares traded around $202, a 50% premium, briefly making SpaceX more valuable than Amazon and Microsoft. The IPO made Elon Musk the world's first trillionaire, with a net worth of about $1.4 trillion. The article explains options trading mechanics and notes that retail traders, fueled by zero-commission apps and 0DTE contracts, drove the record volume. The most popular contract was a call betting on a 9% rise to $220 by Thursday, while a September put was seen as hedging against an early lock-up expiration.
Yahoo FinanceSpaceX options trading debut shatters Facebook's 14-year record with 1.6 million contracts in a single day
SpaceX (NASDAQ: SPCX) set a historic record on its first day of options trading on June 16, 2026, with over 1.6 million contracts changing hands—more than four times the previous record set by Facebook in 2012. The company went public on June 12 in the largest IPO ever, raising $75 billion at $135 per share, and shares closed around $202 on Tuesday, about 50% above the offering price. SpaceX's market value briefly surpassed Amazon and Microsoft. The IPO made Elon Musk the world's first trillionaire, with Forbes estimating his net worth at $1.4 trillion. The most popular options contracts were short-term calls betting on further price increases, while a September put suggested hedging ahead of insider lock-up expiration. The surge reflects the explosion of retail options trading since the pandemic, driven by zero-commission apps and 0DTE contracts.
Yahoo FinanceSpaceX Will Surpass Amazon and Microsoft on Its Way to a $3 Trillion Valuation, According to One Wall Street Analyst
SpaceX went public on June 12, 2026, raising $75 billion in its IPO and achieving a $2.1 trillion market cap, making it the seventh-largest public company in the U.S. Analyst Rob Chang of KGI Securities predicts SpaceX will reach a $3 trillion valuation, surpassing Amazon and Microsoft, driven by its leadership in the space economy, Starship reusable launch vehicle, Starlink broadband, and plans for orbital AI data centers. However, the article notes historical headwinds, including an unsustainable price-to-sales ratio of 113 based on 2025 sales, suggesting the stock may struggle in its first year despite near-term boosts from index inclusions.
Yahoo FinanceSpaceX Rally Leaves Some Investors Behind as Stock Surges Past Amazon
On June 16, 2026, SpaceX stock experienced a significant rally during its first days of trading, pushing the company's market value past Amazon. Social media was filled with memes celebrating sudden windfalls for some individual investors, while others expressed regret for selling their shares too early. The article highlights the disparity between fortunate investors who held onto their stock and those who flipped it prematurely, missing out on substantial gains. The stock reportedly climbed about 50% in its initial trading period, creating a wave of both celebration and remorse among retail traders.
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