# All you need to know about the SpaceX IPO

By [Demether](https://paragraph.com/@demether) · 2026-06-10

demether, research, spacex, ipo, rwa, nasdaq

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\- **Largest IPO in history**: SpaceX set its IPO price at $135 per share, raising $74.4 billion and exceeding Saudi Aramco's 2019 record for both valuation and money raised

\- **Record $1.77 trillion valuation**: The offering places Elon Musk's rocket maker at $1.77 trillion, a 40% increase from its February self-assessed valuation of $1.25 trillion

\- **June 12, 2026 Nasdaq debut**: Trading will begin next week on the Nasdaq Exchange under the ticker symbol **SPCX**

\- **No traditional Wall Street roadshow**: SpaceX fixed its price directly without the typical Wall Street price discovery process using roadshows

\- **Goldman Sachs and Morgan Stanley lead**: The official prospectus lists Goldman Sachs as the lead organizer, followed by Morgan Stanley among major Wall Street underwriters

\- **Musk share restrictions**: Filings indicate Elon Musk is restricted from selling some SpaceX shares until the company meets certain operational benchmarks

\- **Accelerated timeline**: SpaceX accelerated its IPO timeline from the original June 18-30 estimate to June 12, releasing its prospectus publicly

\- **Kraken's SpaceX offering sold out instantly**: Kraken launched pre-IPO SpaceX shares and sold $100 million in allocation within just 15 minutes, with their entire offering fully allocated in under 2 hours to crypto-native investors

\- **AI funding driver**: The IPO aims to fund Musk's orbital AI ambitions and help compete xAI against rivals, pivoting the rocket maker toward artificial intelligence

\- **180-day lockup period**: Insiders and early investors face an 180-day lockup ending between December 15-27, 2026, before they can sell shares

![](https://storage.googleapis.com/papyrus_images/563b06f73c9513c602771a3789bef495b8aa386149f11addcf17a617e01cc412.png)

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*Originally published on [Demether](https://paragraph.com/@demether/all-you-need-to-know-about-the-spacex-ipo)*
