Alone Musk

Here are the 10 key SpaceX IPO updates:

• SpaceX opened Friday at $150 per share, officially debuting about 11% above its $135 IPO price.
• SpaceX shares are now listed on Nasdaq
•  Elon Musk, Gwynne Shotwell rang opening bell
• SpaceX set a fixed IPO price of $135 per share, valuing the company at roughly $1.8 trillion and aiming to raise about $75 billion through 555.6 million new shares.
• On May 20, 2026, SpaceX filed its S-1 registration with the SEC, and on June 3 set a fixed offer price of $135.00 per share on 555.6 million shares.
• Investor demand reportedly surpassed $250 billion against the $75 billion SpaceX sought, leaving the deal around 3.5 to four times oversubscribed before final pricing.
• SpaceX allocated about 30% of its public shares for retail investors, far above the typical 5% to 10% seen in most major IPOs.
• SpaceX acquired xAI in February 2026 in an all-stock deal valued at roughly $250 billion, and in May Musk announced xAI would be fully absorbed and rebranded as SpaceXAI.
• SpaceX reported revenue of $4.7 billion in Q1 2026, a loss from operations of $1.9 billion, and full-year 2025 revenue of $18.67 billion with adjusted EBITDA of $6.58 billion.
• Starlink grew from 1 million subscribers in December 2022 to over 8 million active customers by late 2025, generating $7.7 billion in 2024, roughly 58% of SpaceX’s total revenue.
• A dual-class share structure grants Elon Musk voting control, and the IPO price was fixed before the roadshow began, making the June 11 pricing largely a formality.