Elon Musk's SpaceX is set to become one of the largest stock market listings in history, with a planned IPO valuation of $1.75 trillion and a share price of $135. However, investor demand is expected to be much higher than supply, and regular investors may face challenges in buying shares.
The IPO, scheduled to begin trading on the Nasdaq on June 12, 2026, will offer shares to retail investors, including ordinary individuals and wealthy private banking clients. Brokerages such as Charles Schwab, E-Trade, Fidelity Investments, Robinhood, and SoFi have also reserved shares for their clients.
Despite its huge valuation, SpaceX is not currently profitable, with a net loss of $4.94 billion in 2025. However, investors are betting on future growth in satellite internet, rocket launches, defense contracts, and artificial intelligence businesses.
The company has secured a $20 billion bridge loan to refinance its debt, and Wall Street bankers believe it may require additional fundraising in the future to stay competitive. Building a strong shareholder base now could make future capital raises easier.
