SpaceX IPO Countdown: Prepare to Invest June 12th
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Explore opportunities to invest in the SpaceX IPO, symbol SPCX. The SpaceX IPO date is targeted for Friday, June 12th, according to Reuters.
The S-1 filing is available. Read it below.
The following brokers are some of the most likely to provide SpaceX IPO access to ordinary investors:
Other details:
- Terms and Roadshow date: June 4th
- IPO Pricing Date: as early as June 11th
- SpaceX IPO Date: as early as 06/12
- Exchange: Nasdaq
Table of Contents
Notable SpaceX News
05/21/2026: What to Know About the SpaceX IPO
05/20/2026: SpaceX Files for an IPO
05/15/2026: SpaceX accelerates IPO timeline
05/14/2026: IPO prospectus could land as soon as next week
Older news…
About SpaceX
SpaceX (short for Space Exploration Technologies Corp.) is a spacecraft and exploration company based in Starbase, TX (near Brownsville, TX).
The company makes rockets, launch engines, satellites, and human transport modules. SpaceX also owns xAI and X.
It is 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.
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 (which was acquired by SpaceX on February 2nd, 2026).
Here are two recent podcast episodes about the forthcoming Space IPO:
SpaceX IPO Terms
The SpaceX IPO filing should arrive on Wednesday, May 20th, 2026.
As we approach the final IPO date, we’ll learn more about the deal, and I’ll update the data below.
Items marked as reported came from news reports and will be updated once the facts are available from the S-1 filing.
- SpaceX IPO Date: Friday, June 12th (reported)
- Symbol: $SPCX (reported)
- Exchange: Nasdaq (reported)
- Common Stock Offered: TBD
- Roadshow Begins: June 4th (updated terms)
- Estimated Raise: $75-$100 billion
- Estimated IPO Valuation: $1.5 – $2.0 trillion
- IPO Pricing Date: May 13th, 2026
- Lead Underwriters: Goldman Sachs, Morgan Stanley, JPMorgan, B of A
- Confirmed Retail Broker Access: Schwab, Fidelity, Robinhood, SoFi, ETRADE. Here are other likely candidates.
SpaceX IPO S-1 Filing
Here is the initial S-1 filing released on May 20th, 2026.
Go to the SEC website for the latest filings.
Pre-IPO 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, VCX, ARK Ventures, and thousands of individual and venture holders through a complex web of special purpose vehicle (SPV) legal entities.
Funding Rounds
| Round | Date | Est. Valuation | Raise Amount | Price |
|---|---|---|---|---|
| Tender | 12/11/25 | $800.0B | $0.0 | $421.00 |
| 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 $1.25 trillion based on the xAI merger transaction details. The deal valued xAI at $250 billion and SpaceX at $1 trillion.
This follows an $800 billion valuation based on a letter sent to employees by CFO Bret Johnsen in December 2025.
The company offered to buy back shares at $421 per share, effectively doubling the company’s valuation.
The company has positioned itself for an IPO in mid-2026, which could lead to a $1.75 trillion to $2 trillion valuation.
SpaceX IPO Potential
The SpaceX IPO date is now expected on June 12th, 2026, according to multiple reports.
The company filed confidentially for an IPO on April 1st, 2026, and is anticipated to release its prospectus on May 20th.
A January 2026 Wall Street Journal report suggested Elon is accelerating the IPO timeline and that it could arrive as early as July.
This was superseded by an FT article later in January say Elon is aiming for a June IPO due to a special planetary alignment and his birthday.
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 revealed SpaceX is planning to IPO in 2026.
A SpaceX IPO could raise $75-$100 billion or more. The company plans to use the funds to increase the cadence of Starship launches and build out more capacity for Starling and data centers in space.
The S-1 filing will provide more details on the intended use of proceeds.
How to Participate in the SpaceX IPO
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. How this can happen from a technical perspective remains to be seen.
Reporting has indicated that SpaceX may allocate up to 30% of IPO shares to retail investors.
The rails are in place for this to happen, with eight primary brokers being capable of delivering IPO shares to retail investors.
The following online brokers give customers free access to IPOs, even with low account balances:
See our complete list here.
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.
Indirect Participation
Retail investors are likely to be disappointed in how many shares they receive for the IPO.
However, investors can gain exposure to the outcome of the IPO through several indirect channels. Here are a few.
1. Buy the Fundrise VCX or ARK Venture Fund
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 venture capital funds are:
Each fund has a low minimum investment ($500 for ARK Venture Fund and 1 share for Fundrise). All U.S.-based retail investors can own the funds.
Bookmark this page for the latest opportunities.
2. Buy the XOVR or DXYZ Funds
As of December 5th, 2025, the XOVR fund 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.
The Destiny 100 fund (DXYZ) also holds substantial shares of SpaceX.
3. 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.
4. Public Stocks
A handful of publicly traded companies own shares of SpaceX stock, including Alphabet, Bank of America, and EchoStar.
Individual investors can own shares in any of these to gain a small amount of indirect exposure to the IPO.
However, the stakes are likely too small to make a noticeable difference, and some of the holdings may have already risen in anticipation of the deal.
Conclusion
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 was generally only investable for accredited investors leading up to the IPO, aside from some funds and indirect access before the deal.
Furthermore, direct investments became few and far between. Investors were 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 often littered with fees and non-transparent terms. Be careful.
Now that the SpaceX IPO is near, open accounts and free your cash to be ready to invest in the deal.
When the stock begins trading, avoid chasing shares into the stratosphere. Allow the stock to settle down before opening a long-term position.
Good luck if you plan to invest in the SpaceX IPO.
SpaceX News Archive
05/07/2026: SpaceX may spend $119B on ‘Terafab’
04/21/2026: SpaceX Strikes $60B Deal With Cursor
04/07/2026: SpaceX lays out IPO details
04/02/2026: SpaceX Targets More Than $2 Trillion Valuation in IPO
04/01/2026: SpaceX Has Filed Confidentially for IPO
03/26/2026: Musk Targets Retail with 30% Slice of IPO Shares
03/24/2026: SpaceX Aims to File (Confidentially) for IPO as Soon as This Week
03/13/2026: Should Hot IPOs Get Special Treatment?
03/13/2026: xAI is starting over
03/10/2026: Is SpaceX Worth $1.75 Trillion?
03/02/2026: Data centres in space: less crazy than you think
02/27/2026: SpaceX Weighs Confidential IPO Filing in March
02/02/2026: SpaceX and xAI Combine at $1.25 Trillion Valuation
02/02/2026: xAI joins SpaceX to Accelerate Humanity’s Future
02/01/2026: Talks to Combine SpaceX and xAI Continue
01/29/2026: SpaceX in merger talks with xAI ahead of IPO
01/28/2026: Robinhood Vies for Key Role in SpaceX IPO
01/28/2026: SpaceX weighs June IPO
01/22/2025: SpaceX lines up four banks for IPO
01/21/2026: Why Elon Is Racing to Take SpaceX Public
12/15/2025: Starlink traffic doubles
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
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.
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