IPO Journey

SPACE EXPLORATION TECHNOLOGIES CORP

IPO Date: June 12, 2026 · 4 filings tracked

Final Offer Terms

Ticker
SPCX
Exchange
The Nasdaq Stock Market LLC and Nasdaq Texas, LLC
Offer Price
$135
Shares Offered
555,555,555
Estimated Proceeds
$75.0B
Underwriters

Led by Goldman Sachs & Co. LLC, Morgan Stanley

Filing Timeline

1
S-1
May 20, 2026
  • Dominant market position with 75% of all active maneuverable satellites in orbit via Starlink.
  • Vertically integrated business model controlling hardware, launch, connectivity, and AI compute.
2
S-1/A
June 1, 2026
  • Dominant market position as the primary launch provider for NASA and the U.S. government.
  • Starlink connectivity segment achieved $18.2 billion in revenue and $4.4 billion in profit in 2025.
3
S-1/A
June 3, 2026
  • Dominant market leader in space launch economics with 99%+ success rate.
  • Starlink connectivity provides a massive, profitable revenue engine with 10.3 million subscribers.

Changes from previous filing

  • Final offer price: $135.0 per share
  • Shares offered: 555,555,555
  • Estimated proceeds: $74999M
424B4 Final Pricing
June 12, 2026
  • Market-leading reusable rocket technology significantly reduces launch costs.
  • Starlink provides global high-speed internet with massive expansion potential.

Changes from previous filing

  • Exchange: The Nasdaq Stock Market LLC and Nasdaq Texas, LLC
  • Underwriters: Goldman Sachs & Co. LLC, Morgan Stanley, BofA Securities, Citigroup, J.P. Morgan, Barclays, Deutsche Bank Securities, RBC Capital Markets, UBS Investment Bank, Wells Fargo Securities, Cantor, Needham & Company, Raymond James, Societe Generale, Stifel, William Blair, BTG Pactual, ING, Macquarie Capital, Mirae Asset Securities, Mizuho, Santander
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