SpaceX stock: Trading time, price targets, predictions, and latest update as record IPO shakes up markets
If you follow the stock market or financial news at all, you’d have to be living under a rock to not know that Elon Musk’s Space Exploration Technologies Corp.—better known as Space X—is going public. Shares were officially priced yesterday and are expected to begin trading today. The IPO is both the largest in history and one of the most contentious. Here’s what you need to know about Space X’s IPO. What is Space X? Space Exploration Technologies Corp is the largest player in the private space industry. Its largest private owner is tech billionaire Elon Musk. With its stock market debut today, SpaceX will be the second public company that Musk controls, the first being Tesla. While SpaceX is best known for its space products, such as the Falcon 9, Falcon Heavy, and Starship rockets, the company also owns several other high-profile businesses. Those businesses include xAI, Elon Musk’s artificial intelligence startup, which develops both hardware and software for the artificial intelligence industry. SpaceX’s ownership of xAI is why you will sometimes see SpaceX also referred to as an AI company. SpaceX also owns Starlink, the satellite internet provider. Notably, Starlink is the only profitable division of SpaceX so far, making it a shining light for the company. When is SpaceX’s IPO? SpaceX confirmed the final details of its initial public offering yesterday. Its shares are expected to begin trading today (Friday, June 12, 2026). What is SpaceX’s stock ticker? SpaceX’s shares will trade under the stock ticker “SPCX.” What market will SpaceX’s shares trade on? Shares in SpaceX will trade on the Nasdaq Global Select Market and Nasdaq Texas. What is the IPO share price of SPCX? The initial public offering price for SPCX shares is $135.00 per share. How many SPCX shares are available in its IPO? SpaceX’s initial public offering saw 555,555,555 million of its Class A common stock shares go on sale. Additionally, SpaceX is giving its underwriters an additional 30 days