Anamika Dey, editor
By TechSun News Desk | techsunnews.com | June 12, 2026 | Tech / Business | 5 min read
| 🚀 LIVE — June 12, 2026: SpaceX has begun trading on the Nasdaq under ticker SPCX at an IPO price of $135 per share — the largest IPO in the history of financial markets, raising $75 billion at a $1.75 trillion valuation. |
SpaceX is now officially a public company.
After months of filings, roadshows, banker meetings and one very dramatic Iran threat the night before listing — SpaceX is now a publicly traded company. Ticker SPCX. Nasdaq. $135 a share. $1.75 trillion valuation. The biggest IPO in history — bigger than Saudi Aramco, bigger than Alibaba, bigger than anything Wall Street has ever seen.
Here are the key facts investors should know before making any decision.
The Numbers — Everything You Need at a Glance
| 🏷️ IPO Price | $135 per share |
| 📈 Ticker | SPCX — Nasdaq |
| 💰 Total Raised | $75 billion |
| 🏦 Valuation | $1.75 trillion |
| 📅 Closes | June 15, 2026 |
| 📡 Starlink Revenue (2025) | $11.4 billion |
| 💹 Starlink EBITDA Margin | 63% |
| 👥 Starlink Subscribers | 10.3 million+ |
| 📊 Week 1 Price Target | $140 — $175 (analyst range) |
| ⚠️ xAI Division Loss (2025) | $6.36 billion operating loss |
A few of those numbers need unpacking. The 63% EBITDA margin on Starlink is extraordinary — that is better than most software companies. But the $6.36 billion operating loss in xAI is the number that will make cautious investors nervous. SpaceX is essentially a very profitable satellite internet business funding a loss-making AI division. That is the bet you are making at $135 a share.
What SpaceX Actually Is — Because Most People Get This Wrong
Although SpaceX became famous for rockets, much of its current growth story is tied to Starlink.
Rockets are what SpaceX does. Starlink is what SpaceX earns. The satellite internet service generated $11.4 billion in revenue in 2025 — and it is the only part of the business actually making money. With 10.3 million subscribers across 164 countries and growing, Starlink is now one of the fastest-growing internet services on the planet.
Then there is xAI — the AI division that merged with SpaceX earlier this year, operating the Colossus data center. It lost $6.36 billion in 2025. It is a massive bet on AI compute being worth something enormous in a few years. It may be right. It may not be. Nobody knows yet.
We covered the full SpaceX IPO story in detail before listing — including the Iran threat that landed the night before trading opened. Read our full SpaceX IPO guide here and our coverage of the Iran Starlink threat here if you want the full picture before deciding anything.
Should You Buy SPCX Today?
Many investors are asking the same question today. The answer depends on your goals, time horizon and tolerance for risk:
| ✅ Buy if: You believe Starlink will have 50+ million subscribers by 2030. You are comfortable holding for 5+ years. You see xAI as a massive option on the future of AI compute. You understand you are paying a premium for a story, not current profits. You can afford to lose some or all of this investment. |
| ⏳ Wait if: You want to see how SPCX trades in the first few weeks before committing. IPO stocks are often volatile — buying a few weeks after listing at a lower price is a perfectly reasonable strategy. Analyst week-1 targets range from $140–$175, but IPOs regularly trade below their opening price in the first month. |
| ⚠️ Avoid if: You need this money within 3 years. You are not comfortable with geopolitical risk (Iran situation is real and unresolved). You are hoping for quick gains — SpaceX is a long-term bet, not a day trade. You are already heavily invested in tech stocks. |
One important reminder: this is not financial advice. These are observations, not recommendations. Talk to a financial advisor before putting any real money into SPCX or any IPO.
The Iran Situation — Does It Still Matter?
Yes — and it is not resolved.
As we reported yesterday, Iran declared Starlink a military target the night before SpaceX’s listing. That situation has not changed. US-Iran military tensions remain elevated. Starlink operates ground stations in the Middle East that are theoretically vulnerable.
The market seems to be absorbing this rather than panicking about it — which tells you something about how institutional investors are weighing it. But it is a risk that did not exist six months ago, and anyone buying SPCX today is buying into a company whose most important infrastructure has been publicly named as a military target by a hostile state.
That is not a reason to definitely avoid it. It is a reason to be clear-eyed about what you are buying.
The Bigger Picture — What SpaceX Going Public Changes
Beyond the investment question, today matters for reasons that go beyond just a stock price.
SpaceX going public means SpaceX now answers to shareholders. Quarterly earnings. Analyst calls. Pressure to show profit growth. That changes how the company operates — not immediately, but over time. We made the same point about OpenAI’s upcoming IPO — when you take a company built on a founder’s vision public, Wall Street becomes a new voice in the room.
And with AI consuming enormous amounts of energy and infrastructure, SpaceX’s xAI Colossus data center — now part of a public company — will face scrutiny it never faced as private. Environmental costs, energy use, government contracts — all of it will be in quarterly reports now.
The US government’s interest in owning a stake in AI companies also takes on new meaning when one of those companies is now publicly traded. A government equity stake in a Nasdaq-listed company is a very different thing to a stake in a private firm.
And if you are wondering what all of this means for the AI tools you use every day — our plain-English guide to what ChatGPT is and how it connects to all of this is worth reading. The SpaceX xAI division runs the same Grok model you may already be using.
FAQ — SPCX SpaceX Stock
1. Can I buy SPCX stock right now?
Yes — if you have a brokerage account with Fidelity, Charles Schwab, E*TRADE or most major US brokers, you can buy SPCX on the Nasdaq today like any other stock. The IPO price was $135. Check Nasdaq’s live SPCX page for the current trading price. Non-US investors may need to check whether their local broker supports US Nasdaq stocks.
2. Is SpaceX actually profitable?
Partly. Starlink — the satellite internet business — is very profitable, with a 63% EBITDA margin on $11.4 billion in 2025 revenue. But the overall company ran a net loss because of massive spending on xAI and Starship development. SpaceX is profitable on its core business and loss-making on its bets. That is a meaningful distinction when deciding whether $135 a share is reasonable.
3. What is the realistic price target for SPCX in the next 90 days?
Analyst estimates range from $120 to $200 depending on assumptions about Starlink growth and xAI spending. Week-one targets cluster around $140–$175. The wide range tells you how uncertain the valuation is — there is genuine disagreement among professionals about what this company is worth. The first real data point will come in November 2026 when SpaceX releases its first public earnings report as a listed company. That is the moment most analysts are watching.
| 💬 What Are You Doing With SPCX? Buying today, waiting to see how it trades, or staying away completely? Drop your decision and your reasoning in the comments — we genuinely want to know how real people are thinking about this. No judgment either way. And if you bought in — tell us at what price. This is history happening in real time. |
techsunnews.com | Tech / Business / News | © 2026 | Not financial advice
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