SpaceX Sets $135 Fixed IPO Price for June 12 Nasdaq Debut Under SPCX

SpaceX will launch its initial public offering on June 12, 2026, on the Nasdaq, seeking a fixed price of $135 per share to raise $75 billion at a $1.75 trillion valuation. The rocket and satellite company, led by Elon Musk, will trade under ticker SPCX. The offering of 555 million shares would be the largest stock debut in history. Shares will be distributed through five brokerages: Charles Schwab, E-Trade, Fidelity, Robinhood, and SoFi. Each firm applies its own investor eligibility criteria for IPO allocations. Simultaneously, AI firms Anthropic and OpenAI are preparing their own public listings. S&P Dow Jones Indices said it will not grant accelerated entry to major indexes for SpaceX or other mega IPOs. The stock must wait at least one year before potential inclusion in the S&P 500. IPO shares, however, may enter index funds more quickly under recent rule changes, potentially exposing 401(k) investors.