SpaceX has captured the attention of media, investors, and the public for years now — interest propelled by the company’s reusable rocket launches and the rise of its Starlink satellite network, and, of course, for its founder and CEO Elon Musk. But in its 24-year history, nothing quite compared to its initial public offering. Everyone seemed interested — perhaps because of the sheer size of the IPO. The company priced its 555.6 million shares at <head>35 each to raise $75 billion, making it the largest IPO in history and turning Musk into the world’s first trillionaire. That total raised figure would end up ballooning to $85.7 billion raised. TechCrunch has followed SpaceX’s start, struggles, and successes from the early days. And we’re here for what happens next too. Here is your go-to landing page for all the relevant SpaceX IPO news, including notable updates now that the company is public. SpaceX is now public. What’s next? SpaceX to acquire Cursor for $60B in stock: The deal was announced just days after the IPO. SpaceX passes Amazon as valuation balloons to $2.7T: SpaceX became the fifth-most valuable company in the world, after its stock price climbed 20% on June 15 and more than 8% in early trading Tuesday. SpaceX’s historic IPO just got supersized: The largest IPO in history grew to $85.7 billion raised. The latest on the SpaceX IPO SpaceX shares opened June 12 at <head>50 on the Nasdaq public exchange, an 11% pop for the most anticipated debut in history. And it has continued to rise. The shares kept rising too. In midday trading, SpaceX shares soared 30%. SpaceX shares closed at <head>60.95, up 19%. There has been heavy trading volume, as expected. Robinhood said it has seen “record-breaking traffic” on its trading platform in the hours after SpaceX’s historic public markets debut. SpaceX COO Gwynne Shotwell was interviewed by CNBC on June 12, and among the many interesting comments she made, here is one that might get the attention of Tesla shareholders: A “merger between SpaceX and Tesla might make Elon’s life a little easier.” Among the winners are the banks, which have brought in about $500 million in total fees. The big winners are Goldman Sachs and Morgan Stanley, per the Wall Street Journal. Musk took to X, the social media company he owns, to share his appreciation of SpaceX employees as the stock rose. “I love the incredible people of SpaceX beyond words,” he wrote Friday afternoon. He also reposted a number of SpaceX IPO related posts, including a photo of insiders all wearing green shoes in what appears to be a nod to “the green shoe option.” This is a provision in an IPO underwriting agreement that lets underwriters sell up to 15% more shares than originally planned if demand is strong. To get a deeper look into what happened, and all the far-ranging implications of SpaceX now being a publicly traded company, senior reporter Sean O’Kane and AI Editor Russell Brandom sat down for a special episode of our Equity podcast, which you can listen to right here or via your podcast player of choice, or queue it up on YouTube here. How to track the SpaceX IPO With an offering this large, there is a lot of financial machinery operating behind the scenes — so the first question is when the stock will make it to the market to start trading. SpaceX is debuting on Nasdaq (see the official Nasdaq listing here, which will have the price of record as soon as there is one). Nasdaq also has video of the SpaceX crew ringing the bell, if that’s your thing. But the price is just one part of the picture. For the most up-to-the-minute information, your best bet is still financial press outlets like Bloomberg and CNBC, both of which have live blogs running and will have close coverage of any hiccups that happen in getting the stock to market. The SpaceX IPO, by the numbers Here we look at some of the bigger numbers, the consequential figures, and the eyewatering amounts that make up the company’s S-1 form. For instance, SpaceX lost $4.9 billion on revenue of over <head>8 billion in 2025. That’s only a fraction of the more than $37 billion lost since SpaceX’s inception. As CEO, Elon Musk holds about 85.1% of the company’s voting power. You can read more about that in the next section, “Who wins and who doesn’t” — and we’ll continue to drop interesting numbers in here. Here is another figure that caught our attention: 4,400. That’s the number of SpaceX employees who could become millionaires, according to the New York Times. Elon Musk can’t hear you over the sound of his <head>.75 trillion IPO: The Equity podcast weighs in on the IPO. Who wins and who doesn’t SpaceX is the world’s largest IPO in history and means a big payday for some investors, employees, and, of course, Elon Musk. Who will benefit most from SpaceX IPO? Mostly Elon — and a few from his inner circle:
