SpaceX prices IPO at $135 per share for June 12 Nasdaq debut

Space Exploration Technologies Corp. announced the pricing of its initial public offering at $135 per share for 555,555,555 shares of Class A common stock. The company expects shares to begin trading on June 12, 2026, on the Nasdaq Global Select Market and Nasdaq Texas under the ticker symbol "SPCX."

The offering is scheduled to close on June 15, 2026, subject to standard closing conditions. SpaceX granted underwriters a 30-day option to purchase up to 83,333,333 additional shares at the IPO price.

The base offering would raise approximately $75 billion for SpaceX. If underwriters exercise their full over-allotment option, the company could raise up to $86.25 billion.

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 serve as book-running managers for the offering.

Additional co-managers include Allen & Company LLC, Cantor, Needham & Company, Raymond James, Societe Generale, Stifel, William Blair, BTG Pactual, ING, Macquarie Capital (USA) Inc., Mirae Asset Securities, Mizuho, and Santander.

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