Nandini Roy Choudhury, writer
By TechSun News Desk | techsunnews.com | May 22, 2026 | Tech / Business | 6 min read
It is finally happening. SpaceX — the company that made rockets reusable and sent the internet to space — is going public. And if everything goes to plan, the listing on June 12, 2026 it could become one of the largest IPOs ever in the history of financial markets.
We are not talking about a small tech startup going public. SpaceX is targeting a $1.75 trillion valuation and wants to raise $75 billion in a single day. For context — that is more than the entire GDP of many countries.
But before you get too excited — or too skeptical — let us break it down properly. What is this IPO actually about, who gets to buy in, and is it even worth it?
The Key Numbers You Need to Know
| 📅 IPO Date: June 12, 2026 | 📈 Ticker: SPCX (Nasdaq) | 💰 Target Raise: $75 Billion | 🏷️ Valuation: $1.75 Trillion |
SpaceX filed its S-1 with the SEC on May 20, 2026. The roadshow starts June 4, pricing is expected June 11, and trading begins June 12 on the Nasdaq under ticker SPCX.
The company reported 2025 revenue of $18.7 billion — up 33% year-over-year — driven mostly by Starlink. But here is something important: SpaceX also reported a net loss of $4.27 billion in Q1 2026 alone. So the valuation is built on future potential, not current profits.
Elon Musk will keep 85% voting control through Class B shares. Public investors get Class A shares — one vote each. So you can own a piece of SpaceX, but you will not have a say in how it is run.
What Does SpaceX Actually Do — And Why Is It Worth $1.75 Trillion?
SpaceX is not just a rocket company anymore. It is really three businesses in one:
- 🚀 Launch services — rockets, satellites, government contracts with NASA and the US military
- 📡 Starlink — the satellite internet service with over 9 million subscribers globally, generating over $1.2 billion in profit per quarter
- 🤖 AI & compute — through its February 2026 merger with xAI, SpaceX now operates the Colossus data center, already generating external revenue
That xAI merger is actually one of the most interesting parts of this story. If you have been following the Musk vs Altman OpenAI trial, you know that Musk has been fighting OpenAI in court. At the same time, Musk is aggressively expanding his own AI ambitions through xAI and SpaceX
Meanwhile, OpenAI is also filing for its own IPO today — May 22, 2026, targeting a September listing. Two AI giants going public within weeks of each other. The timing is not a coincidence.
Can Regular People Actually Buy SpaceX Stock?
Yes — and this is unusual. SpaceX has committed 30% of the IPO float to retail investors. That is three times the normal allocation for a mega-cap IPO. Most big IPOs give retail maybe 10%. This one is different by design.
Here is how you can get in:
- Through your existing brokerage — Fidelity, Charles Schwab, TD Ameritrade are likely to participate
- Goldman Sachs is the lead underwriter, so premium clients will get priority access
- You can also buy on the open market on June 12 when trading begins — but the price will likely move fast
A word of caution: estimated IPO price is around $525–$530 per share. That is not a cheap entry. And with $41.3 billion in accumulated deficit, this is very much a bet on the future, not the present.
The Politics Around SpaceX and AI Are Getting Messy
It is not all smooth sailing. While SpaceX prepares to go public, there is serious political pushback against Big Tech and AI expansion in the US.
Sanders and AOC just introduced a bill to freeze all new AI data center construction in the US, arguing AI is driving up electricity bills for ordinary Americans. And a Michigan community literally voted to stop an OpenAI and Oracle data center — then the bulldozers showed up anyway.
Nvidia just posted record revenue of $81.6 billion in Q1 2026 — up 85% year-on-year — which tells you exactly how much money is flowing into AI infrastructure right now. SpaceX’s Colossus compute center is right in the middle of that gold rush.
If you are wondering what all this AI expansion actually means day-to-day, we covered what agentic AI is and why every tech giant is racing toward it — worth a read before you decide how to think about SpaceX’s AI ambitions.
Should You Invest in SpaceX IPO?
Honestly? It depends entirely on your risk appetite. Here is the honest picture:
| ✅ BULL CASE: Starlink is a money-printing machine. Space launch has no real competitors. AI compute is a new revenue stream. Long-term vision is enormous. |
| ⚠️ BEAR CASE: $4.27 billion net loss in Q1 2026 alone. $41.3 billion accumulated deficit. Musk controls 85% of votes — public investors have no real power. Valuation is priced for perfection. |
This is not the kind of stock you buy and forget about. It is the kind of stock you watch closely — because with Musk involved, things can move quickly in either direction. We have seen that with how AI is reshaping Google Search and small websites — disruption does not always go the way people expect.
Also worth noting: Google’s Alphabet stock surged 34% in April 2026 — its best month since 2004. The AI wave is lifting valuations across the tech industry right now but markets rarely move upward forever.
And with Meta cutting 8,000 jobs while simultaneously buying robotics startups, the message from Big Tech is clear: AI is worth betting everything on, even at the cost of thousands of jobs.
FAQ — SpaceX IPO 2026
1. When exactly can I buy SpaceX stock?
Trading starts on June 12, 2026 on the Nasdaq under ticker SPCX. If you want to try for IPO allocation, the roadshow begins June 4. Check with your broker — Fidelity and Schwab are expected to offer retail access.
2. Is SpaceX profitable?
Starlink is profitable — generating $1.2 billion in quarterly profit. But the overall company posted a $4.27 billion net loss in Q1 2026 due to SpaceX’s rocket development, xAI costs, and Colossus infrastructure spending. So the answer is: partly yes, mostly not yet.
3. What happens to the stock if Elon Musk leaves?
This is probably the biggest risk nobody talks about enough. Musk controls 85% of voting power. His reputation, his decisions, and frankly his Twitter activity all move this company. If he steps back — or steps in it — the stock will feel it immediately. That is not speculation. That is just what happens with founder-led companies at this scale.
| 💬 We want to hear from you! Would you invest in SpaceX at a $1.75 trillion valuation — or do you think it is overpriced? Drop your answer in the comments below. Are you buying on day one, waiting to see how it opens, or staying away completely? Let us know — we read every comment. |
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