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IPO · Completed · 12 Jun 2026

SpaceX IPO on Nasdaq

SpaceX listed on Nasdaq and Nasdaq Texas in the largest IPO on record; Elon Musk kept about 82% of the votes through high-vote Class B shares.

Company
SpaceX
Type
IPO
Status
Completed
Date
12 Jun 2026
Value
US$86.25bn
Value basis
638,888,888 Class A shares at US$135.00 including the underwriters' option in full (US$75.0bn base deal of 555,555,555 shares)
Region
US
Segment
Listed equity

Parties

Key terms

Price
US$135.00 a share
Underwriting discount
US$0.90 a share
Option
83,333,333 further shares; net IPO proceeds of US$85.7bn in the nine-month cash flow imply it was exercised in full
Joint book-runners
Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan, with 18 others
Voting
Class B shares carry 10 votes and elect a board majority; controlled company exemptions apply
Ticker
SPCX

Sources

  1. SpaceX prospectus (Form 424B4): 555,555,555 shares of Class A common stock sec.gov · 12 Jun 2026
  2. SpaceX third quarter 2026 results (proceeds from IPO in the cash flow statement) sec.gov · 20 Oct 2026

Record ORB-INV-2026-0029. Investments are kept apart from the financings register and never counted in debt totals.

Randeep Bubbra
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