In-depth reading: Is SpaceX IPO worth $135 per share

SpaceX is the most indicative IPO in recent years expected from the outside world。

This rocket and satellite company, founded in 2002 by Elon Musk, has long operated as a private enterprise, and ordinary investors have no interest in holding their shares。

All of this will change on June 12th, when the SAPX will be listed in Nasdaq at a fixed issue price of $135 per share。

The three issues that are of greatest concern to each investor are: when to be listed, how much to price and how to participate。

Highlights

• SpaceX is scheduled to be listed by code name SAPX on the first day of NASDAQ on June 12, 2026, and the final IPO pricing is scheduled to be announced after closing on June 11th。
• The company announced a single fixed price of $135 per share prior to the road show, as opposed to the standard practice of first publishing initial pricing areas。
• Based on a total of $55,555 million per share of $55,555 million, the SpaceX target raised $75 billion, which, if successful, will surpass Saudi Aramco's record of $29.4 billion, making it the largest IPO in history。
• The implicit valuation of SpaceX amounts to approximately $175 trillion and will be among the top 10 listed companies in the United States market value as of the first transaction date。
• Up to 30 per cent of the issuing shares are reserved for bulk investors and can be purchased through Fidelity, Charles Schwab, Robinood, Sofi and E*TRADE prior to listing。
• MEXC has been put on board the SPACEX (PRE), which is a Mirror Credits token to track the valuation of SpaceX, and is currently available for round-the-clock spot transactions prior to listing in NASDAQ。

SpaceX IPO Date: When will SpaceX be publicly listed

SpaceX IPO timescale: S-1 file, road show and first day on 12 June

SpaceX is publicly available, marking a 24-year history of one of the world's most visible private enterprises。

The SpaceX IPO project has generated a high level of market interest since early 2026, with reports in February and March confirming that the company is working with investment banks to advance towards mid-year listings。

The official starting point for SpaceX IPO is April 1, 2026DRAFT CONFIDENTIAL REGISTRATION STATEMENT SUBMITTED TO THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (SEC)I don't know。

It is standard practice for confidential declarations to allow regulators to review financial documents before companies publicly disclose any information。

SpaceX was then 20 May 2026PUBLICLY COMPLETE S-1 SUBMISSION, MEETS THE REQUIREMENT OF THE SEC THAT A DECLARATION OF REGISTRATION BE MADE PUBLIC AT LEAST 15 DAYS BEFORE THE ROAD SHOW BEGINS。

THE INVESTOR ROAD SHOW WAS LAUNCHED ON JUNE 4TH, 2026, EARLIER THAN THE WEEK SCHEDULED FOR JUNE 8TH, BECAUSE THE SEC REVIEW WAS AHEAD OF EXPECTATIONS。

The final pricing is scheduled to be announced after closing on 11 June 2026。

THE SPCX STOCK TRADING TARGET DATE IN NASDAQ IS 12 JUNE 2026。

Elon Mask's SpaceX IPO program: an unprecedented $75 billion fund-raising strategy

MOST OF THE IPOS PUBLISH INITIAL PRICING SLOTS AND ADJUST THEM UPWARDS AND DOWNWARDS BEFORE FINAL PRICING, DEPENDING ON INVESTOR FEEDBACK DURING THE ROAD RUN。

SpaceX took an approach almost unprecedented in this scale。

The firm announced a single fixed price of $135 per share before the road show, which demonstrates a high level of managerial confidence in demand while also eliminating price uncertainty for potential investors。

Elon Mask, who also serves as CEO, Chief Technical Officer and Chairman of SpaceX, will continue to hold large shares after this release。

According to SpaceX S-1 file submitted to SECMASK WILL CONTROL ABOUT 82.4% OF THE TOTAL VOTE BY HOLDING A B-CLASS FLAT. RIGHTSTHE B UNIT HAS 10 VOTES PER UNIT, WHILE THE A UNIT, WHICH IS DISTRIBUTED TO THE PUBLIC THIS TIME, HAS ONLY ONE VOTE PER UNIT。

This dual equity structure means that even after SpaceX IPO, Mask can still dominate the strategic direction of the company without the support of a majority of public shareholders. This risk is clearly disclosed in the statement of claim。

From the point of view of the diaspora investors, the most interesting point of the SpaceX IPO project is the company's deliberate decisionUp to 30 per cent of total issuance shares reserved for ordinary investorsAbout three times the historical ratio of companies of the same size。

SpaceX, chief finance officer, Bret Johnson, reportedly told us about the sale when the road show started. BusinessLarge-scale diaspora quotas have been deliberately used to describe the long-standing "unbelievably supportive" of the company and its mission, as reported by Reuters。

SpaceX IPO Update: The road is in progress, priced on June 11, transaction started on June 12

As of June 2026, SpaceX IPO status update confirmed that the distribution process was moving forward as planned, without any public delays。

The latest SpaceX IPO information shows that the time frames for each share of $135 priced, 11 June and 12 June of NASDAQ have remained unchanged since the road show was launched。

The road show continued, with more than 20 analysts from participating financial institutions reportedly arranging meetings with SpaceX management during marketing。

The company has taken a rare initiative to make public the complete road description material — the same financial brief presented to institutional investors — which is self-accessible to any diaspora investor。

SpaceX also has an IPO-specific website that provides key financial disclosure documents, statutory documents and public answers to frequently asked questions。

Goldman Sachs is the main underwriter, Morgan Stanley, Bank of America, Citigroup and JP Morgan ChaseAs a co-sponsor。

SpaceX IPO share price: $135, fund-raising $75 billion, valuation 1.75 trillion

SpaceX IPO price

According to a revised version of S-1 file submitted by SpaceX to the SEC, the company issued the full amount of $135 per share at fixed prices as of June 2026555.5 MILLION 5555 MILLION A SHARES UNITI don't know。

This is a conditionTotal fund-raising amounted to about $75 billionI don't know。

FROM A COMPARATIVE POINT OF VIEW, THE RECORD OF THE LARGEST IPO IN FINANCIAL HISTORY IS THATSaudi Aramco maintained its $29.4 billion raised when it was listed in 2019I don't know。

SpaceX has more than twice the target for this release。

THE UNDERWRITER ALSO HOLDS THE OPTION OF OVERSALE (COMMONLY KNOWN AS "GREEN SHOES"), ALLOWING IT TO SELL AT AN ADDITIONAL IPO PRICE IF DEMAND PERMITSUp to 83.33 million sharesIt is hoped that the total amount raised will be over $86 billion。

It is worth knowing the details of the structure: this is a full major issue (all-primary offering), meaning that all sales shares are new and that each share will be raised directly into SpaceX ' s pool。

None of the existing shareholders — including early employees or venture capital supporters — used the IPO cash, and $75 billion was fully leveraged into SpaceX's operating capital。

SpaceX IPO valuation: a comparative perspective of $1.75 trillion

At the issuing price of $135 per share, the implicit market value of SpaceX IPO as of June 2026 was approximately $175 trillion to $1,77 trillion。

This number allows SpaceX to be among the top ten listed companies in the United States market value from the first transaction date。

According to this valuation, SpaceX will be ranked above Meta Platforms, Berkshire Hathaway, and S-1 with a market value of approximately $1.6 trillion Tesla。

The dual equity architecture deserves special attention by any investor assessing the issuance。

CATEGORY A SHARES - I.E. SHARES SOLD IN THIS IPO - HAVE ONLY ONE VOTE PER SHARE。

GROUP B UNITS ARE HELD CENTRALLY BY ELON MASK, EACH WITH TEN VOTES。

This means that even after SpaceX IPO, Mask can lead the firm ' s strategic direction, capital allocation and high-level decision-making without the approval of a majority of public shareholders。

INVESTORS SHOULD INCLUDE THIS GOVERNANCE STRUCTURE IN THE OVERALL RISK ASSESSMENT FOR HOLDING SAPX。

SpaceX S-1 Financial data: $18,677 billion and billions of dollars Loss

The most closely analysed section of SpaceX S-1 is the company ' s recent financial performance, and the figures present a clear contradiction that investors must understand。

ACCORDING TO THE STATEMENT SUBMITTED TO THE SECSpaceX received $18.87 billion in 2025, an increase of 33 per cent over the previous yearI don't know。

Meanwhile, the companyNet losses of $4.94 billion recorded in 2025 were significantly reversed compared to $791 million in 2024I don't know。

One of the main reasons is..The integration of Elon Mask's artificial intelligence company XAI, which officially merged with SpaceX on February 2, 2026Significant additional operating costs were added to the consolidated financial statements。

In the first quarter of 2026SpaceX recorded $4.69 billion in revenue, AND WITH SIGNIFICANT NET LOSSES DUE TO AI-RELATED COSTS DISCLOSED IN THE MERGER STATEMENT。

Starlink, the company's satellite broadband service, is one of the largest satellite broadband networks in the world. I don't know. It remains the most notable commercial success under SpaceX and is widely regarded as a long-term core engine。

1.75 trillion United States dollars in implied valuation, approximately 93.7 times the amount received in the past yearThis multiple reflects market expectations for future growth rather than current profitability。

Investors assessing SpaceX IPO share prices should carefully weigh the relationship between this premium and the company's current deficit and long-term growth trajectory。

How to Buy SpaceX IPO

How to purchase SpaceX IPO shares: Fidelity, Schwab and Robinhood

SpaceX IPO is one of the rare cases in recent years where there has been an active inclusion of bulk investors in the pre-market quota process。

SpaceX's S-1 explicitly named five consumer voucher platforms as a channel for regular investors to confirm their purchases:

• FidelityHousehold voucher balances of more than $2,000 are required; investors submit purchase offers (IOI) through the IPO Centre in Fidelity, and if oversubscribes are issued, the quota is determined by drawing lotsI don't know。
• Charles SchwabThe threshold is significantly higher, requiring the company to hold at least $100,000 in eligible assets; CLIENT CAN SUBMIT A CONDITIONAL PURCHASE OFFER (COTP) THROUGH THE IPO SPECIAL AREA ON THE HOME PAGE OF THE ACCOUNT。
• RobinwoodIPO Access open to all certified and funded accounts without minimum balance requirements; in high-demand distribution, quotas are allocated proportionately, with a lower probability of being fully matched on this scale。
• SoFiandE*TRADEE*TRADE has the additional advantage of its parent company's relationship with Morgan Stanley, one of the co-owners of the joint sale. Robinhood is open to all certified and funded accounts with no minimum balance requirement. Morgan Stanley is one of the co-sponsors of this deal。

Submission of a letter of intent to purchase is not equivalent to a commission of purchase。

THIS ONLY REPRESENTS YOUR WILLINGNESS TO PARTICIPATE AT IPO PRICES, BUT QUOTAS ARE NOT GUARANTEED, ESPECIALLY GIVEN THE EXPECTED HIGH DEMAND LEVEL OF THE SAPX。

IF THE SHARE IS NOT ACQUIRED PRIOR TO THE START OF THE TRANSACTION, THE MOST DIRECT ALTERNATIVE IS TO BUY THE SPCX ON THE OPEN MARKET FROM 12 JUNE THROUGH ANY STANDARD VOUCHER ACCOUNT WITHOUT ANY SPECIAL QUALIFICATION。

How to invest SpaceX through MEXC's SPACTEX (PRE) before IPO

For investors wishing to create spaceX valuation openings before NASDAQ's official listing on June 12th, MEXC provides a product called SPACEX (PRE)。

SPACEX (PRE) is an asset certificate in the form of MEXC Mirror Credits designed to track the market value of SpaceX before and after its public listing。

CURRENTLY IN MEXC, THERE ARE NO CHARGES FOR SECONDARY MARKET TRANSACTIONS WITH SPACTEX/USDT TRANSACTIONS ON ALL-WEATHER SPOT TRANSACTIONS。

Before participating, the difference between SPACEX (PRE) and real SpaceX stocks must be clearly understood。

According to MEXC official product documents, holding SPACEX (PRE) does not amount to investing in SpaceX shares。

THE HOLDER OF SPACEX (PRE) DOES NOT ENJOY THE RIGHT TO VOTE, DIVIDENDS OR ANY OTHER SHAREHOLDER RIGHTS ATTACHED TO THE HOLDING OF THE ACTUAL SAPX SHARES。

The product is operated entirely by MEXC in cooperation with the compliance issuer, and SpaceX itself does not participate in any form in the publication。

The fact that issuers and their cooperating agencies do hold ownership or related interest in SpaceX through compliance channels provides a bottom-up asset support for the Mirror Credits architecture, but this does not eliminate the risks inherent in the product。

TO TRADE SPACTEX (PRE), THE USER MUST COMPLETE AN ADVANCED KYC AUTHENTICATION FOR MEXC。

The main risks to be assessed before participation include valuation fluctuations linked to SpaceX market performance, potential liquidity constraints in secondary markets, and inherent uncertainty in pre-market derivatives。

If you want to create a spaceX price opening immediately, you can go to the MEXC spot market to trade in SPACEX (PRE)。

Common problems

SpaceX IPO Date

SpaceX plans to put up a deal for the first day of the day in NASDAQ on June 12, 2026。

SpaceX IPO. What's the stock price

According to a revised S-1 document submitted by SpaceX to the SEC, as of June 2026, the company set a fixed issue price of $135 per share。

When will SpaceX be listed

SpaceX was scheduled to open the deal in NASDAQ on 12 June 2026, and the price was finally set for 11 June。

SpaceX is going public

Yes, SpaceX will be publicly available on June 12, 2026, when the SPCX shares will be traded for the first time in NASDAQ, the first in 24 years of company history。

SpaceX, is it a listed company

SpaceX, which has not been publicly listed, has been operating as a private enterprise since 2002 and will not be officially opened to public investors until 12 June 2026, when SAPX began trading in NASDAQ。

What's SpaceX IPO

SpaceX IPO (officially declared to SEC by Space Export Technologies Corp.) is a public listing process for SpaceX that plans to sell $555.555 million,555 million A shares and target $75 billion at a price of $135 per share of NASDAX。

How does a bulk investor buy SpaceX IPO

SpaceX retains a maximum of 30 per cent of its total issuing shares to be available to the bulk investor for purchase, with participation through Fidelity, Charles Schwab, Robinhod, Sofi and E*TRADE to submit a statement of interest (IOI) during the road show。

Concluding remarks

This paper is structured around three questions and concludes with three answers。

As of June 2026, SpaceX IPO ' s goal was to be registered at NASDAQ on June 12, with a fixed issue price of $135 per share, with an implicit market value of approximately $175 trillion。

Bulk investors can seek pre-market access through Fidelity, Charles Schwab, Robinhod, Sofi and E*TRADE, while MEXC's SPACEX (PRE) provides a way to create a Mirror Credits valuation open before NASDAQ's official listing。

Whatever approach you choose, a full understanding of the structure of this issue — including double equity governance, the financial deficit and the unprecedented scale — is an indispensable basis for any investment decision。