SpaceX IPO 2026: Prepare to Invest in SpaceX Stock
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Table of Contents
Notable SpaceX News
12/12/2025: SpaceX Valued at $800 Billion
12/09/2025: SpaceX to Raise Far Above $30 Billion
12/09/2025: SpaceX to raise above $25 billion
12/05/2025: SpaceX Aims For 2026 IPO
Older news…
About SpaceX
SpaceX (short for Space Exploration Technologies Corp.) is a spacecraft and exploration company based in Starbase, TX (near Brownsville, TX). It makes rockets, launch engines, satellites, and human transport modules.
It is among the largest private U.S. companies as measured by valuation.
Founder Elon Musk started SpaceX in 2002 with a mission to make humanity multiplanetary.
The key to achieving his mission is lowering the cost of launching rockets into space by making them reusable and enabling larger payloads.
SpaceX became the first private company to deliver cargo and humans to and from the International Space Station.
Its spacecraft include the Falcon 9, Falcon Heavy, and Starship launch vehicles, multiple rocket engines, Dragon spacecraft (cargo and crew), and Starlink communications satellites.
The Falcon rockets are the SpaceX workhorses, carrying satellites and cargo into orbit for private customers and governments. Falcons deliver Starlink satellites into low orbit to provide global internet access.
Starship is the next-generation spacecraft that will eventually deliver cargo and humans to space stations by Axiom and Sierra, and ultimately, to Mars.
SpaceX is one of several companies of Elon Musk. Others include Tesla, Neuralink, The Boring Company, and xAI.
Here’s a recent podcast episode kicking off the Space IPO countdown:
Ownership
SpaceX is a venture-backed private company.
Equity owners include Elon Musk, early investors, employees, multiple venture capital firms, and a complex web of special purpose vehicles (SPVs) and sub-SPVs organized by syndicates and secondary investing platforms.
Prominent venture capital investors include Draper Fisher Jurvetson, Fidelity, GV, Rothenberg Ventures, Founders Fund, Valor Equity Partners, Sequoia Capital, Founders Fund, Ballie Gifford, Gigafund, Andreessen Horowitz, and ARK Ventures.
Funding Rounds
| Round | Date | Est. Valuation | Raise Amount | Price |
|---|---|---|---|---|
| Tender | 07/07/25 | $400.0B | $1.0B | $212.00 |
| Tender | 12/09/24 | $350.0B | $1.3B | $185.00 |
| Tender | 08/27/24 | $210.0B | NA | $112.00 |
| Tender | 12/12/23 | $180.0B | NA | $97.00 |
| Tender | 06/23/23 | $150.0B | NA | $81.00 |
| Growth Equity | 01/25/23 | $137.0B | $750.0M | NA |
| Tender | 12/12/22 | $140.0B | NA | $ 77.00 |
| Growth Equity | 07/28/22 | $127.0B | $250.0M | $ 70.00 |
| Growth Equity | 05/29/22 | $125.0B | $1.7B | $ 70.00 |
| Tender | 10/07/21 | $100.3B | $755.0M | $ 56.00 |
| Growth Equity | 04/13/21 | $74.0B | $1.2B | $ 42.00 |
| Series N | 08/24/20 | $46.0B | $1.9B | $ 27.00 |
| Series M | 05/26/20 | $36.0B | $600.0M | $ 22.00 |
| Series L | 02/18/20 | $34.1B | $314.2M | $ 21.40 |
| Series K | 05/14/19 | $33.3B | $535.7M | $ 20.40 |
| Series J | 04/30/19 | $28.0B | $486.2M | $ 18.60 |
| Series I | 04/15/18 | $23.7B | $507.0M | $ 16.99 |
| Series H | 11/26/17 | $21.5B | $450.0M | $ 13.50 |
| Series G | 01/19/15 | $12.0B | $1.0B | $ 7.75 |
| Series F | 10/27/10 | NA | $50.6M | $ 0.75 |
| Series E | 06/28/09 | NA | $47.3M | $ 0.45 |
| Series D | 08/03/08 | NA | $20.0M | $ 0.39 |
| Series C | 07/31/06 | NA | $25.0M | $ 0.30 |
| Series B | 10/31/05 | NA | $22.0M | $ 0.20 |
| Series A | 02/29/04 | NA | $10.0M | $ 0.10 |
| Seed | 07/31/02 | NA | $4.5M | $ - |
| Source: Caplight |
Valuation
The SpaceX valuation is $800 billion based on a letter sent to employees by CFO Bret Johnsen. The company offered to buy back shares at $421 per share, raising effectively doubling the company’s valuation.
The company is reportedly positioning itself for an IPO in late 2026. More tender offers and perhaps additional transactions and strategic investments may be in store before the IPO.
SpaceX IPO Potential
The SpaceX IPO date is anticipated in the second half of 2026, according to a reporting scoop by Katie Roof of The Information.
Elon Musk did not respond “false” to this reporting like he often does, suggesting the report is true.
The regular occurrence of private funding rounds and tender offers has kept the SpaceX IPO perpetually far off in the galaxy.
That was until a December 5th, 2025, article from The Information that revealed SpaceX is planning to IPO in 2026.
Elon Musk will need a lot more money to colonize Mars than he already has. An IPO can help him raise the most amount of money, setting the company up for easier access to capital.
That said, the business is profitable, both on the launch side and Starlink. Elon has said that he wanted to wait until the company was profitable to become public.
Though a SpaceX IPO would surely raise tens of billions, its goal to colonize Mars may not appeal to some investors because the costs of going to Mars could make the company unprofitable or less profitable.
The S-1 filing will indicate the intended proceeds of the IPO.
Starlink IPO
Musk stated in employee meetings in the early 2020s that he thought it made sense to conduct a Starlink IPO spinoff. He also tweeted his preference for a Starlink spinoff.
However, Elon suggested the Starlink spinoff because he expected it to be a cash cow, while the launch business would drag the business down.
Since those statements, SpaceX’s launch business has become profitable or near profitable, and Starlink has surpassed break-even and is accelerating global sales now that its orbiting constellation is mature.
SpaceX, the complete company, is now stronger than ever, with both Starlink and SpaceX being strong businesses. The need to spin off a Starlink IPO no longer makes sense.
As of late 2025, the company now plans to IPO as a whole.
How to Invest in SpaceX
Since SpaceX is a private company, it is challenging to become an equity owner today. Furthermore, most investment opportunities are in special purpose vehicles (SPVs), which then invest directly in equity.
Sometimes opportunities are in sub-SPVs.
The author has seen frequent pre-IPO investment opportunities in SpaceX stock on multiple platforms. But valuations can be dubious, so carefully consider the investment structure and fees before investing.
You can take action to improve your chances of receiving IPO shares through multiple online brokers.
Here are some ways to own or prepare to own SpaceX stock today and in the future.
1. Access SpaceX Stock on Secondary Platforms
The author has seen many instances of SpaceX stock availability on pre-IPO investing platforms based in the U.S.
SpaceX stock is sometimes available on Hiive, though fairly priced shares often sell out quickly.
Investors can also monitor other pre-IPO investing platforms such as Forge Global, Augment, Equitybee, and EquityZen for equity access.
But beware, we’ve seen multiple instances of pre-IPO platforms gouging customers. So please compare the sale prices against a reputable secondary marketplace to find an independent estimated valuation.
The SEC requires pre-IPO investors in individual companies to be accredited.
Check out our list of top pre-IPO investing platforms to explore current share availability.
If shares of the stock or an SPV become available, these platforms require minimum investments of $10,000 to $50,000 or more.
2. Participate in the SpaceX IPO (2026)
In a tweet from September 2020, Musk said this:
I’m a huge fan of small retail investors. Will make sure they get top priority. You can hold me to it. — Elon Musk
Musk has also said he hoped to give Tesla shareholders a chance to invest in the SpaceX IPO.
IPO access has become more attainable to retail investors in the past few years. Many high-profile IPOs have offered shares to retail investors through participating brokers.
The following online brokers give customers free access to IPOs, even with low account balances:
See our complete list here.
TradeStation has a longer track record of accessing IPOs and secondary offerings via its partnership with Click Markets.
But Robinhood has the advantage of Silicon Valley networks and a history of getting allocations for high-profile IPOs.
Now that Musk has declared his commitment to long-term Tesla shareholders and his preference to prioritize “small retail investors”, any platform could land an exclusive deal. Or all of them, as the trend toward offering IPO access to retail investors is growing.
Access to specific high-demand IPOs may be limited by the number of brokerage accounts you have.
Investors will need to act fast, as the window to invest will be tight.
3. Buy the ARK Venture Fund (Cathie Wood)
Retail investors can invest in pre-IPO companies like SpaceX by owning venture capital funds.
Venture capital funds are a relatively new asset class for non-accredited investors.
The two primary pre-IPO venture capital funds are:
- The ARK Venture Fund (review)
- Fundrise Venture (review)
Each fund has a low minimum investment ($500 for ARK Venture Fund and $10 for Fundrise). All U.S.-based retail investors can own the funds.
SpaceX was acquired by the ARK Venture Fund in November 2023. Retail investors can invest in the ARK Venture Fund today via SoFi to own a small portion of SpaceX.
Cathie Wood, the famous investor who runs the ARK Venture Fund, has connections with Elon Musk and his associated investors.
Bookmark this page for the latest opportunities.
Please note: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on AccessIPOs.com. All opinions are my own.
4. Fidelity Mutual Funds
Multiple Fidelity mutual funds have made investments in SpaceX. The most notable include:
- Fidelity Contrafund (FCNTX)
- Fidelity OTC (FOCPX)
- Fidelity Blue Chip Growth Fund (FBGRX)
- Fidelity Growth Company Fund (FDGRX)
For example, the Contrafund owns about $2.7 billion worth of SpaceX shares as of January 2025. The holding is among several public companies. The SpaceX value is “marked to market” on occasion to represent the fair value in the fund.

That puts it in the top 20 holdings for the fund. But any major moves will not impact the price of the mutual fund due to its broad diversification.
5. Buy the XOVR ETF (Entrepreneur Private-Public Crossover ETF)
As of December 5th, 2025, the XOVR ETF owns 182,582 shares of SpaceX stock, weighted at about 8.5% of the ETF.
This is a publicly traded ETF, so investors can buy it like any other ETF and own SpaceX indirectly.
However, the recent disclosure of holdings has led to a surge of ETF buyers, diluting SpaceX holdings. As more investors pile in, the fund must acquire more SpaceX shares to maintain a high weighting.
As a traded fund holding a private company, the long-term viability of this investment strategy is unclear. Nonetheless, it’s another option that I like better than the DXYZ.
Buy any ETF via TradeStation.
6. Own Tesla Stock
Long-time Tesla stockholders may have early access to the SpaceX IPO.
Though certainly not guaranteed, he reiterated at the Fall 2025 annual shareholders meeting that he hoped to provide Tesla shareholders with an opportunity to invest in SpaceX stock.
SpaceX may use a directed share program to set aside shares for specific Tesla shareholders, based on years as stockholders.
However, given the complexity of determining how long investors have owned it, this may be impossible to implement.
Investors can inspect the S-1 filing when it becomes available about a month or two before the IPO date.
7. Become a Starlink Customer
Starlink customers may also get priority access to SpaceX IPO shares.
Though less likely, this would be easier to implement than identifying long-term Tesla shareholders.
Companies on a path to IPO use directed share programs to give priority access to IPOs.
These programs call out specific populations of people eligible to invest in an IPO, such as executive family members, business partners, or valued customers.
For example, Uber offered IPO shares to drivers but did not give access to Uber riders.
Drivers with more completed trips received priority access to more IPO shares.
Airbnb offered IPO shares to hosts but not users of the service.
In the case of Starlink, there is a chance that U.S.-based customers will get access to the IPO upon becoming a customer.
8. Invest Stock after the SpaceX IPO
Waiting for the IPO requires patience. There are advantages to waiting until after the IPO before owning stocks.
IPOs allow investors to review financials via the S-1 filing. Pre-IPO investing has limited financials available.
IPO stock prices typically rise with high-demand companies. You can benefit if you’re in early and sell when the price overheats.
Many IPOs start with an immediate price increase (“the pop”).
Then the stock falls once quarterly earnings reports become available. This can be a good time to invest.
The SpaceX IPO is likely to be further away than the Starlink IPO. But patient investors may get a chance to buy shares when they begin trading.
Investor Takeaways
SpaceX is a unique company and among the largest private unicorns in the world. With its high-profile CEO and sensational launches, millions want to own the stock.
Unfortunately, the company is generally only investable for accredited investors. Furthermore, direct investments have become few and far between. Investors are much more likely to invest through an SPV.
Wealthy people and institutional investors with the right Wall Street connections have a better chance of owning this once-in-a-lifetime juggernaut.
Though pre-IPO investing platforms have opened more opportunities, venture capital investing is still primarily reserved for accredited investors because of the added risk.
It’s usually challenging to acquire shares before the IPO, and SpaceX is a more significant challenge for most retail investors, despite its massive valuation.
This is especially true because secondary transactions are offer littered with fees and non-transparent terms. If shopping for SpaceX shares on pre-IPO marketplaces or through syndication, buyer beware.
But new hope has emerged headed into 2026. The SpaceX IPO may happen in the second half of the year. Follow this website for the latest news.
If you pursue SpaceX stock or Starlink IPO shares, maintain reasonable expectations and patience.
SpaceX News Archive
12/05/2025: SpaceX in Talks for $800 Billion Valuation
09/08/2025: SpaceX to pay $17 billion in wireless spectrum deal
07/13/2025: Tesla Shareholders Will Vote on xAI Investment
07/08/2025: SpaceX Valuation to Hit Around $400 Billion in Share Sale
04/17/2025: SpaceX is frontrunner for Golden Dome missile shield
01/23/2025: Addition Spurs New Cash Into Little-Known ETF
12/10/2024: SpaceX Share Sale Values Company at About $350 Billion
12/02/2024: SpaceX Weighs Tender Offer at Roughly $350 Billion Valuation
11/15/2024: SpaceX Share Sale Values Company Around $255 Billion
09/26/2024: Starlink hits 4 million subscribers
09/17/2024: Starlink has 2,500 airplanes under contract after United deal
05/09/2024: Starlink projects $6.6 billion annual revenue
12/13/2023: SpaceX Value Jumps Closer to $180 Billion in Tender Offer
12/06/2023: SpaceX Valued at $175 Billion or More in Tender Offer
11/22/2023: SpaceX plans to sell shares next month at $150B valuation
11/15/2023: SpaceX Weighs Spinning Off Starlink Via IPO as Soon as 2024
11/10/2023: SpaceX Investor Expects SpaceX’s Starlink to go public around 2027
11/06/2023: SpaceX Eyes $15 Billion in 2024 Sales on Starlink Strength
07/13/2023: SpaceX nears $150 billion valuation
04/20/2023: Starship Launch Ends in “Rapid Unscheduled Disassembly”
04/18/2023: SpaceX to Attempt 2nd Starship Launch 4/20 (stream here)
01/05/2023: How Musk’s satellites have saved Ukraine and changed warfare
01/02/2023: SpaceX raising $750 million at a $137 billion valuation
12/12/2022: SpaceX Tender Offer Is Said to Value Company at $140 Billion
11/16/2022: SpaceX mulling secondary share sale at $150 billion valuation
10/18/2022: Analyst predicts SpaceX could spin off Starlink by 2025
08/05/2022: SpaceX raises another $250 million in equity
06/07/2022: Musk says an IPO of SpaceX’s Starlink satellite internet business is still 3 or 4 years away
05/22/2022: SpaceX looks to raise $1.7 billion, boosting valuation to $127 billion
10/08/2021: SpaceX hits $100 billion valuation after secondary share sale
02/17/2021: SpaceX Funding Round at $74 Billion Valuation Was Led by Sequoia
Frequently Asked Questions (FAQs)
Featured photo courtesy of SpaceX.

Craig Stephens founded Access IPOs in 2016 to help ordinary investors explore IPO and pre-IPO opportunities. He also manages the Access Club, a membership community for IPO and startup investors. Craig studied Finance at Michigan State University and lives in Northern Virginia. Learn more about Craig.
* This is a testimonial in partnership with Fundrise, Hiive, Robinhood, and other affiliate partners. We earn a commission from partner links on AccessIPOs.com. All opinions are my own. If you sign up with one of our partners through certain on this website, Access IPOs will be compensated at no additional cost to the reader. See the full disclosure here. Risk Statement: Access IPOs is for informational purposes only and does not recommend buying or selling any specific pre-IPO company, IPO, or public company. Investing in IPOs and pre-IPO startups involves significant risk. Do not invest in companies based solely on what is included in this article. Only invest in IPOs and pre-IPO companies with money you can afford to lose. Mentions of specific investments should not be construed as financial advice. Conduct personalized research and consider consulting with an investment advisor before investing. Disclosure: The author may hold an active or pending position in this company either directly or indirectly through an investment fund.
