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SpaceX Stock Price (SPCX): The IPO, Price History and Key Risks

Published 26 min read
A large rocket lifting off at dawn from a coastal launch pad, a huge plume of flame and steam, photographed from a distance

In short

SPCX closed at $136.37 on 2 November 2026 [1], just above the $135 IPO price, after SpaceX listed on the Nasdaq on 12 June 2026 [2]. Its 52-week range is $104.83 to $225.64 [1]. That is a dated snapshot, not a live quote, so check a broker for today's price.

Key takeaways

  1. SPCX began trading on the Nasdaq on 12 June 2026 after a fixed $135 IPO price that valued SpaceX at about $1.77 trillion [2][3].
  2. SPCX closed at $136.37 on 2 November 2026, within a 52-week range of $104.83 to $225.64 [1].
  3. Pre-IPO reports said SpaceX was seeking as much as $75 billion, which would beat Saudi Aramco's $29.4 billion 2019 record if realised, and Wikipedia states the IPO raised $86 billion [4][5][6].
  4. Q2 2026 revenue rose 92% to $7.8 billion, but SpaceX still lost $541 million net and spent $18.4 billion on capex [7][8].
  5. Morningstar valued SpaceX at $780 billion against the $1.77 trillion IPO valuation, while Deutsche Bank called the $100 billion run-rate target 'likely very achievable' [9][10].
  6. Estimates of Elon Musk's voting power conflict, at about 82% in one summary and 48.4% in filings cited by Motley Fool [6][1].
On this page 14 sections
  1. What is SpaceX stock and what is the SPCX ticker?
  2. What is the SpaceX stock price today?
  3. What is the SpaceX stock price history since the IPO?
  4. When was the SpaceX IPO and how did it work?
  5. Can you buy SpaceX stock?
  6. Is SpaceX profitable and how does it make money?
  7. Is SpaceX stock overvalued?
  8. What are the benefits and the main risks of investing in SpaceX stock?
  9. When does the SpaceX lock-up expire, and what could move SPCX next?
  10. What should newcomers check before buying SPCX?
  11. Common mistakes
  12. Frequently asked questions
  13. Glossary
  14. Sources

What is SpaceX stock and what is the SPCX ticker?

SpaceX stock is a share in Space Exploration Technologies Corp., traded on the Nasdaq under the ticker SPCX. Trading began on 12 June 2026 [2][6]. Before that date SpaceX was a private company. Forbes, in an article published on 25 November 2025, described investors getting exposure only indirectly, through crossover ETFs, mutual funds, closed-end funds and secondary markets [11]. CBS News reported in June 2026 that the private secondary platforms Forge Global and Rainmaker Securities no longer offered access [4].

What do the key terms mean?

  • An IPO (initial public offering) is the first time a company sells shares to the public on a stock exchange.
  • A ticker symbol is the short code used to find a stock. SpaceX's is SPCX.
  • Class A shares are the shares sold to IPO buyers. They carry one vote each, while Class B shares held by insiders carry 10 votes each [6].
  • Market capitalisation is the share price multiplied by the number of shares counted. Websites count shares differently, so market cap figures for the same stock can differ.

What was the IPO price?

SpaceX set a fixed, take-it-or-leave-it price of $135 per share instead of a price range. It offered 555,555,555 Class A shares, which valued the company at about $1.77 trillion [3][2].

The latest closing price in this guide is $136.37 on 2 November 2026, covered in the next section [1]. The rest of the guide covers the price history, how the IPO worked, how to buy, the financials, valuation views and the main risks.

What is the SpaceX stock price today?

The most recent price available when this guide was written is a close of $136.37 on 2 November 2026, up $1.65 (1.23%) on the day [1]. The figure comes from a quote stamped 4:00 PM ET on that date. It is a dated snapshot and not a live quote, so check Nasdaq or your broker for the current price before acting.

What are the day's and the 52-week ranges?

  • Day's range on 2 November 2026: $135.72 to $142.05 [1].
  • 52-week range: $104.83 to $225.64 [1].
  • Market cap shown on the same page: $1.83 trillion, calculated on publicly traded shares only [1].

Why do the figures differ between sources?

Two differences matter. First, closing and intraday prices are not the same. CNBC reported a closing low of $108.27 in early August 2026 [10], while the 52-week low of $104.83 on the Motley Fool page is probably an intraday low, because it sits below the closing low. The sources do not label it, so treat the two as separate measures.

Second, market cap depends on method. IPO coverage cited about $1.77 trillion at the $135 offer price [3], while Motley Fool's $1.83 trillion at $136.37 counts publicly traded shares only [1]. Always check which share count sits behind a market cap figure, and never compare two figures from different methods.

Where can I check a live quote?

Use the Nasdaq website or your brokerage app, both of which normally show live or near-live quotes. For the company's own documents, SpaceX hosts its SEC filings, including the 20 May 2026 S-1 registration statement, on its investor relations site [12].

A trader's desk with several monitors showing abstract green and red candlestick charts on a dark trading floor

What is the SpaceX stock price history since the IPO?

SPCX has been volatile since listing. The table after this section lists the key dates. The story behind them has four parts.

How did the first trading day go?

On 12 June 2026 SPCX opened at $150, about 11% above the $135 IPO price, and closed at $161, up 19% [2]. US media, cited by Al Jazeera, reported that the IPO was oversubscribed by up to four times [13].

What happened between June and August?

On 10 August 2026 SPCX closed above $135 for the first time since 15 July 2026. Days earlier it had closed as low as $108.27 [10].

On 4 August 2026 SpaceX published its first earnings report as a public company, covering the quarter ended 30 June 2026 [7]. Quartz reported that capital expenditure of $18.4 billion compared with about $13 billion expected by analysts, and that the stock fell as much as 8% after hours [8].

When was the high?

The 52-week range tops out at $225.64 [1]. The sources reviewed do not give the date of that high, so this guide does not state one.

What would different buyers have made or lost?

These are simple calculations from the cited prices, comparing each entry price with the $136.37 close of 2 November 2026 [1][2]. They ignore fees and taxes, and SpaceX pays no dividend [1].

  • Bought at the $135 IPO price: about +1.0%.
  • Bought at the $150 first-day open: about -9.1%.
  • Bought at the $161 first-day close: about -15.3%.
  • Bought at the $225.64 52-week high: about -39.6%. That high may be an intraday figure, so a real buyer's result would differ.

The drop from the $161 first-day close to the $108.27 closing low in August was about 33%. The point is that the entry price and the date of purchase mattered far more than the IPO headline.

When was the SpaceX IPO and how did it work?

SpaceX filed its S-1 registration statement publicly with the SEC on 20 May 2026 [12]. The filing showed 2025 revenue of $18.7 billion [5]. It priced the offering on 11 June 2026 and listed on 12 June 2026 [3][2].

How was the price set?

Instead of a range, SpaceX set a fixed $135 per share for 555,555,555 Class A shares, which valued the company at about $1.77 trillion [3][2][4].

How much did the IPO raise?

Sources give two figures, and they are not identical in kind.

  • $75 billion was the reported target, not a confirmed result. CBS News reported before the listing that SpaceX expected to raise this amount [4]. On 20 May 2026 Quartz reported that people with knowledge of the plans had told Bloomberg that SpaceX was seeking as much as $75 billion; if realised, that would supersede Saudi Aramco's $29.4 billion 2019 offering as the largest IPO on record [5].
  • $86 billion is the amount Wikipedia states the IPO raised. Its summary also lists an over-allotment option, or greenshoe, of 83,333,333 shares, which is 15% of the issue [6]. This guide's own arithmetic shows the two are consistent: 83,333,333 shares at $135 is about $11.25 billion on top of $75 billion. The sources do not state that link directly.

The $86 billion figure comes from a secondary summary, so confirm the final number in the 424B4 prospectus and the closing 8-K.

Who could get shares?

SpaceX targeted as much as 30% of the offering for retail investors, according to CBS News citing Reuters [4]. CNBC and Fortune described this as far above the 5% to 10% typical of an IPO [3][14]. By this guide's arithmetic, 30% of $75 billion is about $22.5 billion of shares. Retail shares were distributed through Charles Schwab, Fidelity, Robinhood, SoFi and Morgan Stanley's E*Trade [4]. Fidelity said a request did not guarantee an allocation, so customers could get some, none or all of what they asked for [14].

One report says underwriters refused subscriptions from investors in Hong Kong and China over export-control and regulatory concerns, so the IPO was not open to everyone worldwide [6].

Who ran the deal?

The underwriting syndicate was led by Goldman Sachs and Morgan Stanley, with Bank of America, Citigroup and JPMorgan Chase also named [5]. CNBC reported that the banks earned about $500 million in IPO fees [2].

The neoclassical columned facade of a historic stock exchange building in morning light

Can you buy SpaceX stock?

Yes. Since SPCX began trading on 12 June 2026 [2][6], anyone with access to a brokerage that offers Nasdaq stocks can buy it on the open market, placing an order like any other listed stock [4][14]. Investors who did not get IPO shares were not shut out once trading began [4][14].

Could you buy it before the IPO?

Not directly on an exchange. Before the IPO there was no public ticker. Forbes described exposure only through crossover ETFs, mutual funds, closed-end funds and secondary markets while the company remained private [11]. CBS News reported that the secondary platforms Forge Global and Rainmaker Securities had stopped offering access by June 2026 [4].

How do I buy SPCX?

  1. Open and fund an account with a broker that offers Nasdaq-listed stocks and accepts customers in your country.
  2. Search for SPCX and confirm the company name and the Nasdaq listing.
  3. Choose an order type. A market order buys at the best available price now. A limit order sets the highest price you will pay. SPCX moved between $104.83 and $225.64 in under five months [1], and a limit order gives you control over the price you pay, although it may not be filled.
  4. Decide your position size before you click, and review the confirmation.

Are there limits by country?

Yes, in some cases. One report says underwriters refused subscriptions from Hong Kong and China [6]. Readers outside the United States should confirm with their broker that they can trade SPCX. The sources reviewed do not address availability or payment routes for residents of Iran, so check directly with the broker and review the sanctions rules that apply to you before opening an account.

What about tokenised or derivative products?

Some platforms offer products that track SpaceX's price without delivering shares, such as tokenised exposure, perpetual contracts or CFDs. They are not the stock, carry their own counterparty and regulatory risks, and may not give you voting or ownership rights. Read the product terms carefully before using one.

Is SpaceX profitable and how does it make money?

SpaceX is growing fast but is not yet profitable on a net basis. Its first earnings report as a public company, published on 4 August 2026, covered the quarter ended 30 June 2026 [7][8].

What were the Q2 2026 results?

  • Revenue: $7.8 billion, up 92% from $4.1 billion a year earlier [7][8].
  • Net loss: $541 million, against $1.0 billion a year earlier [7][8].
  • Adjusted EBITDA: $3.5 billion, up 191% from $1.2 billion. This is a non-GAAP measure, meaning it follows the company's own definition and not standard accounting rules [7][8].

Which segments make money?

The table after this section shows the three segments. Only Connectivity, which includes Starlink, was profitable at the operating level. Space and AI both lost money, and the total company operating loss was $143 million [7].

How much is SpaceX spending?

Capital expenditure was $18.4 billion in Q2 2026, up from $10.1 billion in total in Q1 2026, and $15.8 billion of the Q2 figure was in AI [7]. Analysts had expected about $13 billion, and the stock fell as much as 8% after hours on 4 August 2026 [8].

What cushions the spending?

SpaceX ended the quarter on 30 June 2026 with $100 billion of cash, cash equivalents and marketable securities and a $47.5 billion backlog [7]. On 4 August 2026 it also announced an agreement to acquire AI coding company Cursor for $60 billion, expected to close in the third quarter of 2026 [7].

Does SpaceX pay a dividend?

No. Motley Fool reports that SpaceX does not pay a dividend because it is not yet profitable and needs capital for space and AI investment [1].

Technicians assembling satellites in a bright clean factory hall

Is SpaceX stock overvalued?

Credible sources disagree. A valuation is an opinion built on assumptions about growth and cash flow, and this section sets out the main views without endorsing a price. It is general information and not personal advice.

What do the sceptics say?

Morningstar's discounted-cash-flow (DCF) valuation, reported by CNBC on 3 June 2026, was $780 billion, about 48% below the $1.5 trillion private-market valuation. Morningstar said the IPO was not the best entry point for retail investors [9]. Al Jazeera reported that this equalled $63 a share, a 53% discount to the IPO price [13]. A DCF estimates future cash flows and converts them into today's money.

On the day of the debut, CFRA Research senior analyst Keith Snyder told CNBC he was sceptical that SpaceX was worth the $1.77 trillion IPO valuation [2]. University of Florida IPO researcher Jay Ritter told Forbes before the IPO that an 'Elon Musk effect' would likely add volatility. He said SpaceX had 'substantial downside potential' at $1.5 trillion or more, partly because of Musk's voting advantage [15].

What do the bulls say?

Deutsche Bank analysts called SpaceX's target of $100 billion annualised recurring revenue by end-2026 'likely very achievable'. The Q2 run-rate was $31 billion, and they expected growth to come mainly from neocloud (specialised AI computing capacity) and the Cursor acquisition [10].

How do the sales multiples compare?

The price-to-sales ratio divides a company's value by its revenue. At $1.75 trillion, an analyst quoted by CNBC calculated SpaceX would trade at about 67 times sales, three times Nvidia's rating on its last financial year [9]. Motley Fool put SPCX at over 100 times sales as of 5 October 2026 [1]. The dates and revenue bases differ, so do not mix the two figures.

Where does that leave the share price?

SPCX closed at $136.37 on 2 November 2026 [1], above the $135 IPO price but far above Morningstar's per-share equivalent of $63 [13]. Independent analysts and the market disagree, and the sources reviewed do not resolve that gap.

What are the benefits and the main risks of investing in SpaceX stock?

The case for SPCX and the case against it use the same facts. This is general information, not personal advice. For decisions involving your own money, speak to a qualified financial adviser.

What are the potential strengths?

  • A profitable core: Connectivity (Starlink) earned $1,656 million of operating income on $4,291 million of Q2 2026 revenue [7].
  • Growth: Q2 revenue rose 92% to $7.8 billion [7][8].
  • Financial cushion: $100 billion of cash and securities and a $47.5 billion backlog at 30 June 2026 [7].
  • Access: a retail allocation of as much as 30% and open-market trading on Nasdaq [4][14].

What are the main risks?

  • Volatility. The 52-week range of $104.83 to $225.64 [1] shows how far the price can move. Ritter expects the Musk effect to add volatility [15].
  • Governance. IPO buyers hold one-vote Class A shares, while insiders' Class B shares carry 10 votes [6]. One summary says Musk held over 5.5 billion Class B shares and about 82% of votes [6], but Motley Fool, citing filings, says 48.4% as of October 2026 [1]. The sources do not explain the gap, but the 82% figure in the Wikipedia summary traces to a citation dated 10 June 2026, so it may be older than Motley Fool's October figure. Check the latest proxy statement.
  • Spending. Q2 capex of $18.4 billion [7] came with a share-price fall after the first earnings report [8].
  • Concentration in AI. The AI segment had an operating loss of $1,257 million on $2,561 million of revenue, and $15.8 billion of Q2 capex was in AI [7]. The company's overall net loss for the quarter was $541 million [7].
  • Supply of shares. Lock-ups will eventually end, which can add shares to the market (see the outlook section) [6].
  • Fund exposure. Al Jazeera reported that the IPO raised concerns about pension-fund exposure through index funds [13].
  • Valuation. Morningstar's $780 billion estimate sits far below the IPO valuation [9].
A rocket booster landing upright on an ocean barge at sunset, sea spray around it

When does the SpaceX lock-up expire, and what could move SPCX next?

Several scheduled and unscheduled events could move the stock. Their size and timing are uncertain, and none of the sources reviewed forecast the price.

What is the lock-up and when does it end?

A lock-up is a period when existing holders cannot sell. Musk and other insiders agreed to a 366-day lock-up. Other pre-IPO investors have a 180-day lock-up with staged early releases tied to benchmarks such as quarterly results [6]. Releases can add shares to the market and may weigh on the price. Some blogs quote exact unlock dates, but no primary document confirmed them, so this guide does not state calendar dates. Confirm them in the 424B4 prospectus.

Is SpaceX in the S&P 500 or Nasdaq-100?

Nasdaq changed its rules to allow early inclusion of SpaceX in the Nasdaq-100. S&P Dow Jones Indices said it would make no changes to S&P 500 eligibility rules [6]. The sources reviewed do not confirm whether SPCX is currently a member of either index, so check the index providers. Inclusion matters because index funds must buy the stock, which affects demand. Al Jazeera reported that the IPO raised concerns about pension-fund index exposure [13].

What else is on the calendar?

  • The $60 billion Cursor acquisition was expected to close in Q3 2026 [7].
  • Deutsche Bank's view that the $100 billion annualised recurring revenue target by end-2026 is 'likely very achievable' will be tested by future results [10].
  • Capex and cash burn in coming quarters will show whether the $18.4 billion Q2 level was a peak or a new baseline [7][8]. The sources reviewed do not include third-quarter results.

What is still uncertain?

The gap between Morningstar's $780 billion and the $1.77 trillion IPO valuation [9][3], the conflicting voting-control estimates [6][1], and the unknown timing of lock-up releases are open questions. Treat any confident prediction with caution.

What should newcomers check before buying SPCX?

A short checklist helps separate the facts from the noise. It is general information and not a recommendation.

  1. Read the primary documents. The S-1 filed on 20 May 2026 is on SpaceX's investor relations site [12]. Also read the quarterly results filed as 8-K exhibits, such as the Q2 2026 results release [7]. For the final proceeds, voting control and lock-up terms, the 424B4 prospectus is the primary document to check.
  2. Check the price source. Use a live quote from Nasdaq or your broker, and note whether it shows a close or an intraday figure.
  3. Size the position. A stock that ranged from $104.83 to $225.64 in under five months [1] can fall sharply. Decide in advance how large a fall you could tolerate.
  4. Know the product. Confirm that you are buying shares, not a tokenised or derivative product with different rights and risks.
  5. Check eligibility and payments. Some regions were excluded from the IPO [6]. For residents of Iran, sanctions and payment limits may apply, and the sources reviewed do not cover this, so ask the broker directly before sending money.
  6. Understand the structure. Class A holders get one vote per share, while insiders hold 10-vote shares [6].
  7. Consider advice. A qualified financial adviser can weigh the decision against your own goals and tax position.
SPCX key dates and prices, 20 May to 2 November 2026; closing prices unless stated
DateEventPrice or figure
20 May 2026S-1 registration statement filed publicly with the SEC2025 revenue of $18.7 billion [12][5]
11 June 2026IPO pricedFixed $135 per share [3][2]
12 June 2026First trading dayOpen $150, close $161 (+19%) [2]
15 July 2026Last close above $135 before the August reboundAbove $135 [10]
Early August 2026Closing low$108.27 [10]
4 August 2026First earnings report as a public companyFell as much as 8% after hours [8]
10 August 2026First close above $135 since 15 JulyAbove $135 [10]
2 November 2026Latest close used in this guide$136.37 [1]
52 weeks to 2 November 2026Range shown by Motley Fool (not labelled as closing or intraday)$104.83 to $225.64 [1]
SpaceX segment results for the quarter ended 30 June 2026, $ millions
SegmentQ2 2026 revenue ($ millions)Q2 2026 income or loss from operations ($ millions)
Connectivity (Starlink)4,291 [7]+1,656 [7]
Space962 [7]-542 [7]
AI2,561 [7]-1,257 [7]
Total companyReported as $7.8 billion [7][8]-143 [7]
Published valuation views on SpaceX, June to October 2026; these are opinions, not price targets endorsed by this guide
SourceDateViewFigure
Morningstar (reported by CNBC)3 June 2026DCF valuation; IPO not the best entry point for retail investors$780 billion, about 48% below the $1.5 trillion private valuation [9]
Morningstar (reported by Al Jazeera)11 June 2026Per-share equivalent of the DCF valuation$63 a share, 53% below the IPO price [13]
Analyst quoted by CNBC3 June 2026Sales multiple at $1.75 trillionAbout 67 times sales, three times Nvidia's rating [9]
Motley Fool5 October 2026Sales multipleOver 100 times sales [1]
Deutsche Bank10 August 2026$100 billion annualised recurring revenue target by end-2026 'likely very achievable'Q2 run-rate of $31 billion [10]
CFRA Research12 June 2026Sceptical of the IPO valuation$1.77 trillion [2]

Common mistakes

  • Treating a quoted SPCX price as a live price

    Fix: Treat any price in an article as a dated snapshot. The latest close in this guide is $136.37 on 2 November 2026 [1]. Check Nasdaq or your broker for the live quote before placing an order.

  • Mixing closing prices with intraday highs and lows

    Fix: Label each number as a close or an intraday figure. CNBC reported a closing low of $108.27 in early August [10], while the 52-week low of $104.83 on the Motley Fool page [1] is probably an intraday figure.

  • Comparing market capitalisation figures that use different methods

    Fix: Check how the market cap was calculated. $1.77 trillion was the valuation at the $135 IPO price [3], while $1.83 trillion at $136.37 counts publicly traded shares only [1].

  • Assuming everyone paid $135 or was guaranteed IPO shares

    Fix: The IPO price was $135, but SPCX opened at $150 and closed at $161 on day one [2]. Buyers on the open market paid the market price, not the IPO price. Fidelity also said a request for IPO shares did not guarantee an allocation [14].

  • Quoting a single figure for Elon Musk's voting control

    Fix: Estimates conflict: one summary says about 82% of votes [6], while Motley Fool, citing filings, says 48.4% as of October 2026 [1]. Check the latest proxy statement or prospectus before relying on either.

  • Confusing derivative or tokenised SpaceX products with the stock

    Fix: Tokenised, perpetual or CFD-style products are not shares. If you want the actual stock, buy SPCX through a regulated brokerage account and read the product terms first.

Frequently asked questions

What is the SpaceX stock price today?

The latest figure in the sources is a close of $136.37 on 2 November 2026, up $1.65 or 1.23% on the day, with a day's range of $135.72 to $142.05 [1]. That is a snapshot, not a live price. Check Nasdaq or your brokerage for the current quote, because SPCX moves every trading day.

Can you buy SpaceX stock?

Yes. SpaceX began trading on the Nasdaq as SPCX on 12 June 2026 [2][6], and CBS News reported that once trading begins anyone can buy on the open market through a brokerage account [4]. Before the listing the company was private, and Forbes described only indirect exposure through funds and secondary markets [11]. Eligibility can depend on your country and broker.

What was the SpaceX IPO price per share?

SpaceX priced its IPO at a fixed $135 per share, with no price range, offering 555,555,555 Class A shares at a valuation of about $1.77 trillion [3][2]. The stock opened at $150 on 12 June 2026 and closed at $161, up 19% on its first trading day [2].

How much did the SpaceX IPO raise?

Before the listing, CBS News reported that SpaceX expected to raise $75 billion [4]. Quartz reported in May 2026 that people with knowledge of the plans told Bloomberg SpaceX was seeking as much as $75 billion, which, if realised, would surpass Saudi Aramco's $29.4 billion 2019 offering as the largest IPO on record [5]. Wikipedia states the IPO raised $86 billion [6], which is consistent with the base deal plus the 15% over-allotment option (this guide's own arithmetic: about $75 billion plus $11.25 billion). Confirm the final figure in the 424B4 prospectus.

Is SpaceX profitable?

Not on a net basis. In the quarter ended 30 June 2026 SpaceX reported revenue of $7.8 billion, a net loss of $541 million and adjusted EBITDA of $3.5 billion [7][8]. Only the Connectivity segment, which includes Starlink, had positive operating income. The Space and AI segments lost money [7].

Does SpaceX pay a dividend?

No. Motley Fool's guide says SpaceX pays no dividend because it is not yet profitable and needs capital for space and AI investment [1]. SpaceX reported $18.4 billion of capital expenditure in the second quarter of 2026, which shows how much cash is going into growth rather than payouts [7].

Who controls SpaceX after the IPO?

IPO buyers received Class A shares with one vote each, while Class B shares held by insiders carry ten votes each [6]. Estimates of Elon Musk's voting power conflict: one summary says about 82%, while Motley Fool, citing filings, says 48.4% as of October 2026 [6][1]. Check the latest proxy statement.

When does the SpaceX lock-up period end?

Musk and other insiders agreed to a 366-day lock-up. Other pre-IPO investors have a 180-day lock-up with staged early releases tied to benchmarks such as quarterly results [6]. Confirm exact dates in the 424B4 prospectus, because this guide could not verify calendar dates from a primary document.

Glossary

IPO
An IPO (initial public offering) is the first sale of a company's shares to the public on a stock exchange.
Ticker symbol
A ticker symbol is the short code used to look up a stock; SpaceX's is SPCX on the Nasdaq.
Class A and Class B shares
Class A shares are the one-vote shares sold in the IPO, while Class B shares held by insiders carry ten votes each.
Market capitalisation
Market capitalisation is the share price multiplied by the number of shares counted, and sources count shares differently.
Greenshoe
A greenshoe, or over-allotment option, lets underwriters sell extra shares, here up to 15% more than the base offering.
Lock-up period
A lock-up is a period when existing holders agree not to sell their shares.
Adjusted EBITDA
Adjusted EBITDA is a non-GAAP profit measure that leaves out certain costs and so differs from net income.
Capital expenditure
Capital expenditure, or capex, is money spent on long-lived assets such as data centres, satellites and launch hardware.
Discounted cash flow
Discounted cash flow (DCF) is a valuation method that estimates future cash flows and converts them into today's money.
Price-to-sales ratio
A price-to-sales ratio divides a company's value by its revenue to show how much investors pay per dollar of sales.

Sources

  1. How to Buy SpaceX Stock (SPCX) in 2026 (page carries a quote widget stamped 4:00 PM ET, 2 Nov 2026) The Motley Fool
  2. SpaceX IPO takeaways: SPCX closes at $161, jumping 19% after record debut CNBC · 2026-06-12
  3. SpaceX IPO explained: The price is set, but retail allocation still up in the air CNBC · 2026-06-09
  4. How to buy SpaceX shares as its blockbuster IPO readies for liftoff CBS News · 2026-06-10
  5. SpaceX files IPO paperwork with SEC, targets Nasdaq under SPCX Quartz · 2026-05-20
  6. Initial public offering of SpaceX Wikipedia (live, editable page, accessed 3 November 2026; secondary; cites SEC prospectus, Bloomberg, CNBC, NBC News; verify each figure against the 424B4 before publishing)
  7. SpaceX Reports Second Quarter 2026 Results Space Exploration Technologies Corp. (Form 8-K exhibit filed with the US SEC) · 2026-08-04
  8. SpaceX's revenue surged 92% — but the stock fell after its first earnings report Quartz · 2026-08-05
  9. SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says CNBC · 2026-06-03
  10. SpaceX stock rebounds, closing above $135 IPO price for first time in weeks CNBC · 2026-08-10
  11. How To Buy SpaceX Stock In 2026 Forbes · 2025-11-25
  12. SpaceX - Financials - SEC Filings Details (S-1 Securities Registration Statement, May 20, 2026) SpaceX Investor Relations · 2026-05-20
  13. Musk's $1.8 trillion SpaceX IPO could be 'highly undesirable' for some Al Jazeera · 2026-06-11
  14. How retail investors can participate in the SpaceX IPO Fortune · 2026-06-08
  15. SpaceX Could Face 'Musk Effect' With Major Risks After IPO, Analyst Warns Forbes · 2026-05-18
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