Space Exploration Technologies Corp. (SpaceX) announced the pricing of its initial public offering, with 555,555,555 shares of Class A common stock priced at $135 per share, implying an offering size of approximately $75 billion. The shares are expected to begin trading on the Nasdaq Global Select Market and Nasdaq Texas under the ticker symbol “SPCX” today. The offering is expected to close on June 15, 2026, subject to customary closing conditions.
SpaceX also granted underwriters a 30-day option to purchase up to an additional 83,333,333 Class A shares at the IPO price.
The underwriting syndicate is led by Goldman Sachs & Co. LLC, Morgan Stanley, BofA Securities, Citigroup, J.P. Morgan, Barclays, Deutsche Bank Securities, RBC Capital Markets, UBS Investment Bank, and Wells Fargo Securities as book-running managers. Additional co-managers include Allen & Company, Cantor, Needham & Company, Raymond James, Societe Generale, Stifel, William Blair, BTG Pactual, ING, Macquarie Capital, Mirae Asset Securities, Mizuho, and Santander.
The company is also making the offering available in multiple international markets, including Canada, the United Kingdom, several European countries, Australia, Switzerland, and Japan.
Founded in 2002, SpaceX said it is building integrated hardware and software infrastructure across space, connectivity, and artificial intelligence. The company designs, manufactures, launches, and operates rockets, spacecraft, and related technologies.
