Space X IPO: Live updates on everything you need to know | Tech Crunch

Overview

Space X has captured the attention of media, investors, and the public for years now — interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and of course, for its founder and CEO Elon Musk.

But in its 24-year history, nothing quite compares to this initial public offering. Everyone seems to be interested, and perhaps it’s because of the sheer size of this IPO. The company priced its 555.6 million shares at

Details

Tech Crunch has followed Space X’s start, struggles, and successes from the early days. And we’re here for what happens next too. This article will be continually updated with all of the latest Space X IPO news.

Space X shares opened at $150 on the Nasdaq public exchange, an 11% pop for the most anticipated debut in history. And it has continued to rise. The shares keep rising too (which we will update here). In midday trading, Space X shares soared 30%.

There has been heavy trading volume, as expected. Robinhood said it has seen “record-breaking traffic on its trading platform in the hours after Space X’s historic public markets debut.

Space X COO Gwynne Shotwell was interviewed by CNBC on Friday and among the many interesting comments she made, here is one that might get the attention of Tesla shareholders. At one point in the interview, Shotwell said a “merger between Space X and Tesla might make Elon’s life a little easier.”

With an offering this large, there is a lot of financial machinery operating behind the scenes — so the first question is just when the stock makes it to the market to start trading. Space X is debuting on Nasdaq and you can see the official Nasdaq listing here, which will have the price of record as soon as there is one. Nasdaq also has video of the Space X crew ringing the bell, if that’s your thing.

But the price is just part of the picture. For the most up-to-the-minute information, your best bet is still financial press outlets like Bloomberg and CNBC, both of which have liveblogs running and will have close coverage of any hiccups that happen in getting the stock to market.

Here we look at some of the bigger numbers, the consequential figures, and the eyewatering amounts that make up the company’s S-1 form.

For instance, Space X lost 

Here is another figure that caught our attention… 4,400. That’s the number of Space X employees who could become millionaires, according to the NYT.

Elon Musk can’t hear you over the sound of his $1.75 trillion IPO: The Equity podcast weighs in on the IPO.

Space X is the world’s largest IPO in history and means a big payday for some investors, employees, and of course, Elon Musk.

Elon Musk becomes the world’s first trillionaire after Space X’s historic IPO: The Space X IPO has boosted Musk’s paper wealth to more than $1,000,000,000,000 at a time when he is more hated — and powerful — than ever.

How Elon Musk will increase his power through the Space X IPO: Musk, who will have more than 50% of the voting power, will have a monarchical grip over the publicly traded version of Space X — control that goes far beyond what other tech founders enjoy.

Who will benefit most from Space X IPO? Mostly Elon — and a few from his inner circle: Elon Musk has the largest stake in Space X by billions of shares, but others also stand to win. Here’s the rundown of who owns what.

Space X SPV investors won’t know their true holdings until post-IPO lock-ups lift: After Space X makes its public debut, lower-tier SPV investors face hidden fees, lengthy payout delays, and the risk of outright fraud.

The S-1 registration document gave the world an unprecedented look inside Space X, including its financials and its various businesses. The S-1 continued to be amended as the IPO date approached, and we were on it. Here is what we found.

The Space X IPO filing is filled with AI bets, Starship dreams, and Elon Musk at the center: The contents of the Space X IPO details a business dominated by its Starlink satellite internet offering, more than $37 billion in losses, and future business prospects through its x AI division.

Starship’s path to reusability looks murky after Space X’s S-1: Space X’s IPO and Starship rocket test flight delivered two big data points that offer a realistic vision for the coming years — and one that may disappoint both the company’s boosters and its critics.

Space X warns investors of future dilution, adding fuel to Tesla merger rumors: The company added new language to its S-1, a warning to prospective investors that a major dilution could be in the cards after it goes public.

Leading up to the IPO, Space X locked in a string of deals, mostly selling off compute to improve its balance sheet.

Anthropic will pay x AI $1.25B per month for compute: Initial coverage of the Anthropic deal on May 20.

How long is Anthropic’s lease with Space X? Opinions vary: Elon Musk keeps downplaying the duration of Space X’s contract with Anthropic.

Google will pay Space X $920M per month for compute: A Google representative described the deal as a short-term deal addressing unexpected demand for its recently launched AI products.

This article originally published at 10 am ET, June 12, 2026. It has been updated with new coverage of the Space X IPO, share price, and other related events.

Key Takeaways

• Space X has captured the attention of media, investors, and the public for years now — interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and of course, for its founder and CEO Elon Musk
• But in its 24-year history, nothing quite compares to this initial public offering
• Tech Crunch has followed Space X’s start, struggles, and successes from the early days
• Space X shares opened at $150 on the Nasdaq public exchange, an 11% pop for the most anticipated debut in history
• There has been heavy trading volume, as expected