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Elon Musk’s SpaceX has been on a wild ride post-IPO. Should you try to get on?
Key takeaways
- Elon Musk’s Space X has been on a wild ride post-IPO.
- If you asked your brokerage for a piece of the Space X initial public offering (IPO) on June 2, you probably got one, just not the size you were hoping for.
- That alone makes this deal strange.
Elon Musk’s Space X has been on a wild ride post-IPO. Should you try to get on? Aditi Ganguly Thu, June 25, 2026 at 8:23 PM GMT+7 11 min read SPCX Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
If you asked your brokerage for a piece of the Space X initial public offering (IPO) on June 2, you probably got one, just not the size you were hoping for.
That alone makes this deal strange. On a typical hot IPO, an estimated 95% of the shares go to large institutions such as banks (1), leaving everyday investors to buy in only after trading opens, often at a higher price, according to estimates from Jay Ritter, a University of Florida finance professor who tracks new listings (2).
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