SpaceX begins trading in historic IPO at $2 trillion valuation
SpaceX IPO makes a record-setting public debut, valuing the rocket company near $2 trillion and raising $75 billion; see what it means for investors
SpaceX made its public market debut on Friday, June 13, 2026, in a recordsetting IPO that valued the company at about $2 trillion. The listing raised roughly $75 billion and made SpaceX one of the most valuable U.S. companies on its first day of trading.
Elon Musk said he once believed the company had less than a 10% chance of succeeding when he founded it in 2002. SpaceX now has about 22,000 employees and has become a major holding for investors including Alphabet, Valor Equity Partners, and several large Wall Street banks involved in the offering.
The debut also revived debate over wealth concentration and SpaceX’s longterm prospects. Critics pointed to the company’s losses, dependence on Starlink and the stilldeveloping Starship program, while supporters argued that the IPO could help open the market for other major private tech firms such as OpenAI and Anthropic.