SpaceX Prepares Potentially World's Largest IPO, Could Secure $SPCX Ticker

SpaceX built its business around rocket launches, the Starlink satellite network and space infrastructure, but its combination with xAI sharply increased funding needs and broadened the investment case. Artificial intelligence is now described as one of four core businesses, tying SpaceX’s capital-intensive aerospace operations to spending on models, computing capacity and data infrastructure. Investors must weigh those growth opportunities against heavier financing demands, execution risk and governance complexity.

SpaceX began trading on the Nasdaq under the ticker SPCX in June 2026, in what was described as the largest initial public offering on record. The supplied report did not specify the exact listing date, amount raised or offer price. Crypto-market pre-IPO perpetual contracts designed to track SpaceX’s private-market value were settled after the shares officially listed, closing an earlier speculative market as investors gained access to the publicly traded stock.

SpaceX has built a global aerospace business spanning rocket launches and the Starlink satellite network. Its acquisition of Elon Musk’s AI startup xAI has further integrated its aerospace, communications and artificial-intelligence operations. A listing at a valuation above $1.75 trillion would vie to become the largest IPO on record and could reshape capital flows among U.S. technology giants.

SpaceX initially planned to confidentially file for an IPO as early as March 2026, targeting a valuation of $1.75 trillion. The latest related reports, however, said the company listed at $135 a share and raised $75 billion. Its shares gained 19% on their first day, lifting its market capitalization to $2.2 trillion. Morningstar valued the stock at just $63 a share, highlighting the sharp divergence in market views.