SpaceX stock: Trading time, price targets, predictions, and latest update as record IPO shakes up markets

Space Exploration Technologies Corp (SpaceX) began trading its shares on the Nasdaq Global Select Market and Nasdaq Texas on June 12, 2026, under the stock ticker "SPCX." The initial public offering (IPO) priced shares at $135.00 each, with 555,555,555 million Class A common stock shares made available. This IPO marks SpaceX's debut as a public company and is described as the largest in history. SpaceX, founded by Elon Musk, is a major player in the private space industry, known for its rockets like Falcon 9, Falcon Heavy, and Starship. Beyond its space products, SpaceX also owns other significant businesses, including Starlink, its satellite internet service, which is currently its only profitable division. Additionally, SpaceX holds ownership in xAI, Elon Musk's artificial intelligence startup, leading to its classification by some as an AI company due to its involvement in AI hardware and software development. Musk also controls Tesla, making SpaceX the second public company he leads.