SpaceX IPO Valuation: What Happens to $135 After June 12 Trading Live?

SpaceX IPO Date Set June 12: Is $75Billion Valuation Worth Your Money?

The project files for the biggest IPO in history. The price is fixed. The date is set. But can the numbers justify the hype? It plans to raise $75 billion. Elon Musk is about to flip Wall Street upside down. No negotiations. No price range. Just a number. So why is a company that lost nearly $5 billion last year pricing itself like the world's most profitable business?

Musk Just Threw Out the IPO Rulebook

Most companies go public by setting a price range. Banks test demand. Investors negotiate. Everyone haggles. It isn't doing any of that. The company fixed its SpaceX IPO price at exactly $135 per share — before even meeting investors. No range. No negotiation. Take it or leave it.

Legal expert Weiheng Chen put it plainly: Musk is taking a "take-it-or-leave-it approach." It works because of his massive retail following — and because there's simply no comparable company on earth.

The SpaceX IPO date is set for June 12, 2026. The roadshow kicks off Thursday. And according to sources, the company plans to sell 555.6 million shares at that fixed price.

Source: trtworld X

$1.75 Trillion: Bold Bet or Bubble?

The SpaceX IPO valuation 2026 sits at $1.75 trillion. That would make it one of the most valuable companies on the planet from day one. SpaceX revenue 2026 of $4.69 billion in just Q1 alone. Full-year 2025 revenue hit $18.67 billion. At that price, you'd be paying 93.7x trailing revenue. That's steep — even by tech standards.

• Rocket Lab trades at 118x revenue

• Palantir trades at 81x revenue

• Tesla trades at just 17x revenue

Morningstar values it at $780 billion — roughly 55% less than the asking price. The gap is hard to ignore. Still, it isn't a normal company. It's the only private firm that's reshaping both the launch industry and global internet access simultaneously.

What You're Actually Buying Into

Starlink is the crown jewel. It's satellite internet business — and currently the only segment generating real profit. The other two divisions are burning cash fast. They reported a net loss of $4.94 billion in 2025, swinging from a $791 million profit the year before. So why the massive valuation? The project is betting on futures that don't exist yet:

• Solar-powered AI data centers in space

• Mars colonization infrastructure

• A $28.5 trillion addressable market (their estimate)

Earlier in June 2026, the platform merged with Musk's AI startup xAI — valued at $250 billion — deepening that AI-space thesis. The SpaceX S-1 filing and SpaceX IPO filing documents also reveal a dual-class share structure. Musk and a small group of insiders keep most voting control. Regular shareholders get limited say.

Source: Reuters Website

Who Gets to Buy In and How?

Here's something unusual: up to 30% of the offering goes to retail investors. That's you and me — not just big institutions. This SpaceX retail IPO structure taps directly into Musk's loyal following. It's never been done at this scale.

Musk himself must hold his shares for 366 days post-listing. That's a public commitment to stay in for the long haul. The SpaceX Nasdaq debut under ticker SPCX will be led by Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup, and JPMorgan.

Curious about SpaceX pre-IPO trading options? Platforms like Bitget and MEXC have listed SpaceX pre-market contracts ahead of the debut — though these carry significant risk and are not the same as buying actual shares.

Expert Price Prediction: Where Could SPCX Trade After Listing?

Based on current market conditions, comparable valuations, and IPO demand signals:

Given strong retail appetite and Musk's proven ability to drive demand, SPCX could open between $145–$165 per share on debut day — a 7–22% premium over the fixed price. However, given the net loss position and stretched revenue multiples, a pullback to the $110–$125 range within 90 days is plausible if early earnings disappoint.

Expert Disclaimer: This price prediction is speculative and for informational purposes only. It does not constitute financial advice. Past performance of comparable IPOs does not guarantee future results. Consult a licensed financial advisor before making investment decisions.

The Bigger Picture

SpaceX listing is expected to trigger a wave of mega-IPOs. OpenAI and Anthropic IPO are likely next. Together, these three companies could add nearly $4 trillion to public markets. The latest news confirms the roadshow begins this week, with final allocations expected before June 12.

The Elon Musk SpaceX IPO update is clear: this isn't just a stock offering. It's a referendum on whether the public believes in a future where humans live on Mars and the internet runs from orbit. The question is whether that future is worth $1.75 trillion today.

Conclusion

The project is going public at a record-breaking valuation. The fixed price, retail allocation, and Musk lock-up make this unlike any Initial Public Offering before it. Whether you invest or just watch, June 12 marks a turning point for public markets.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. The author holds not a part of project or related securities. Always do your own research before making investment decisions