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SpaceXSPCX

The world's leading rocket and satellite-internet company, public on the Nasdaq since June 2026.

$156.11New listing

Past week: -18.90%

Price since listing

Where the chart sits — description, not prediction

Listed too recently for a 50- or 200-day trend read — only 7 trading days of history so far. Recent range $154.60–$211.39 across those first sessions. Momentum gauges such as RSI(14) need a longer record; this part fills in as more sessions accumulate.

Computed from daily closing prices (Yahoo Finance), June 23, 2026. Compare all markets →

What is SpaceX?

Space Exploration Technologies Corp. (SpaceX) designs and flies reusable rockets and spacecraft and runs Starlink, its satellite-internet network. Its Falcon 9 is the most-flown orbital rocket in the world, and Starlink delivers broadband to millions of customers across more than 100 countries.

Founded in 2002 by Elon Musk, SpaceX stayed private for 24 years before its June 12, 2026 Nasdaq listing under ticker SPCX — the largest IPO in history. Just before listing it absorbed Musk's AI company xAI in an all-stock deal, so the public company now spans rockets, satellite internet and artificial intelligence.

FoundedMarch 14, 2002
FounderElon Musk
HeadquartersStarbase, Texas
IPOJune 12, 2026 at $135
TickerSPCX (Nasdaq)
2025 launches165 orbital flights (a record)

What has moved SpaceX

June 12, 2026 — the largest IPO in history

SpaceX sold about 555.6 million shares at $135 to raise roughly $75 billion — the biggest IPO ever — valuing it near $1.77 trillion. The stock opened at $150 and closed its first day at $160.95, up about 19%, lifting the implied value above $2 trillion.

February 2026 — the $1.25 trillion xAI merger

Ahead of the IPO, SpaceX absorbed Elon Musk's AI company xAI in an all-stock deal that valued SpaceX at $1 trillion and xAI at $250 billion — a combined $1.25 trillion, the largest merger ever — with the stated aim of building data centers in orbit.

Starlink: from 4 million to 12 million subscribers

Starlink grew from about 4 million subscribers in September 2024 to roughly 10 million by February 2026 and more than 12 million by June 2026. It is now SpaceX's largest revenue source and the main engine behind its profitability and valuation.

A record 165 launches in 2025

SpaceX flew 165 orbital missions in 2025 — about 51% of all launches worldwide — up from 134 in 2024. Roughly 122 carried Starlink satellites, showing how the satellite business now drives the company's launch cadence.

Private value climbed from $137B to $1.77T

SpaceX was valued near $137 billion in a January 2023 funding round; secondary share sales repriced it far higher through 2025 before the June 2026 IPO set a public valuation around $1.77 trillion — one of the fastest climbs to trillion-dollar scale on record.

Notable moments

September 28, 2008 — Falcon 1 reaches orbit

After three failures that nearly bankrupted the company, Falcon 1 became the first privately funded liquid-fueled rocket to reach orbit on September 28, 2008, launched from a Pacific atoll. The success won NASA's confidence and the contracts that saved SpaceX.

May 30, 2020 — first crewed Dragon flight

SpaceX flew NASA astronauts Doug Hurley and Bob Behnken to the International Space Station aboard Crew Dragon on May 30, 2020 — the first crewed orbital launch from US soil since the Space Shuttle retired in 2011.

Starship — the biggest rocket ever built

Starship, the tallest and most powerful rocket ever flown, has progressed through a series of increasingly successful test flights. NASA selected it as the human landing system for its Artemis program to return astronauts to the Moon.

Common questions

Is SPCX really SpaceX?

Yes. Space Exploration Technologies Corp. — SpaceX — began trading on the Nasdaq under ticker SPCX on June 12, 2026, after 24 years as a private company. This page is educational, not investment advice.

How does SpaceX make money?

Two main ways: launching satellites and cargo for NASA, the US government and commercial customers, and selling Starlink satellite-internet subscriptions. Starlink, with more than 12 million subscribers, is now the larger source.

What is Starlink?

Starlink is SpaceX's satellite-internet service, using thousands of low-orbit satellites to deliver broadband almost anywhere. It passed roughly 10 million subscribers in early 2026 and is the company's main profit engine.

Why did SpaceX buy xAI?

In February 2026 SpaceX absorbed Elon Musk's AI company xAI in an all-stock deal valuing the pair at $1.25 trillion. The stated goal is to combine AI with SpaceX's rockets and satellites to build data centers in orbit.

What is Starship?

Starship is the largest, most powerful rocket ever built, designed to be fully reusable and to carry cargo and people to the Moon and Mars. NASA picked it as the lander for its Artemis Moon missions.

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About this page: the explainer above is general educational background. The live figures describe where SpaceX sits today — trend relative to its 50- and 200-day averages, its 30-day range, and its 14-day RSI — and say nothing about where it is going. Stock Mornings is an educational publication; nothing here is financial, investment, tax, or legal advice.
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