SpaceX Stock: IPO History and Valuation

Completed IPO
By UpMarket Research  |  Last updated: August 2026
SpaceX completed its initial public offering on June 12, 2026 and now trades publicly as NASDAQ: SPCX. UpMarket no longer offers pre-IPO access to SpaceX shares; the information below is historical.
CEO Elon Musk Founded 2002 HQ Hawthorne, US

SpaceX is a rocket and satellite company founded in 2002 by Elon Musk in Hawthorne, California. The company generated an estimated $15.5 billion in revenue in 2025, up 18% year-over-year (Sacra). SpaceX operates two primary business lines: launch services, which account for approximately 66% of global commercial launches, and Starlink, its satellite internet constellation generating...

Last Reported Valuation
$1.25T
Direct Sale, 02/02/26, Sacra
UpMarket Estimate
$1.44T
Based on UpMarket valuation model
Previous Round Valuation
$800.0B
Tender Offer Dec 2025 Dec 2025

SpaceX in the News

Valuation Growth Over Time

Post-money valuation by round
Previous rounds Most recent
DateRoundPPS (split-adj.)Valuation
Feb 2026 Direct Sale Feb 2026 $526.59 $1.25T
Dec 2025 Tender Offer Dec 2025 $421.00 $800.0B
Jul 2025 Tender Offer 2025 $212.00 $400.0B
Dec 2024 Tender Offer 2024 $185.00 $350.0B
Sep 2024 Tender Offer 2024 $112.00
Dec 2023 Tender Offer 2023 $95.00 $175.0B
Aug 2023 Tender Offer 2023 $80.00
Oct 2021 Tender Offer 2021 $560.00
Aug 2020 Growth 2020 $270.00
Apr 2019 Growth 2019 $214.00
Dec 2018 Growth 2018 $186.00
Nov 2017 Series H 2017 $169.00
Jan 2015 Series G 2015 $77.46

SpaceX Revenue and Growth

Annual revenue
2025 Revenue
$15.5B
YoY Growth
+18%

Why Investors Are Watching SpaceX

Growth Signal

Starlink drives majority of SpaceX revenue by mid-2020s

By 2025 Starlink reportedly contributes most of SpaceX's revenue, with strong subscriber growth and pricing power positioning the unit as a core cash engine into 2030.

Market Opportunity

Space launch market could reach ~$100B by 2036

Analysts estimate the space launch market could grow from about $30B in 2026 to roughly $100B by 2036, giving SpaceX a long runway to scale share, pricing, and adjacent services.

Risk Factor

~$1.5T IPO valuation embeds a high execution requirement

Reports suggest SpaceX targets a 2026 IPO at around $1.5-1.75T valuation, implying rich multiples that require sustained growth in Starlink, launch, and new segments to be justified.

SpaceX Leadership Team

Elon Musk
CEO
Bret Johnsen
CFO
Harry O'Hanley
CEO

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SpaceX Stock FAQ

Yes. SpaceX became a public company on June 12, 2026 and trades on Nasdaq under the ticker SPCX. UpMarket does not offer SpaceX shares.

SpaceX's share price is set on the public market under the ticker SPCX. The prices shown on this page are historical private-market prices from before it went public.

No. SpaceX is now a public company and UpMarket does not offer its shares. Accredited investors interested in companies that have not yet gone public can review UpMarket's current pre-IPO offerings.

SpaceX is now publicly traded, so its shares can be bought and sold on Nasdaq and their price can change significantly. Review SpaceX's public filings and consult a financial advisor before investing. UpMarket does not offer SpaceX shares.

In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.

SpaceX became a public company on June 12, 2026, so shares held before the listing can generally be sold on the public market once any lock-up period ends. The exact terms depend on how the shares are held, for example directly or through a fund.

UpMarket does not offer SpaceX shares. The minimum for most pre-IPO offerings on UpMarket is $50,000.

SpaceX's valuation is now set by its public share price on Nasdaq. The figures on this page show its valuation history before it went public.

SpaceX completed its IPO on NASDAQ (ticker: SPCX) in June 2026 - view pre-IPO history, valuation data, and background on UpMarket.