SPACE EXPLORATION TECHNOLOGIES CORP went public at $135.00 a share
It sold 555,555,555 shares on Nasdaq under the ticker SPCX and raised $75.0 billion before costs.
Final prospectus (424B4) filed June 12, 2026
The terms
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Offered
555,555,555 shares
Checked
Source
“We are offering 555,555,555 shares of our Class A common stock.”
A model read this, and code confirmed the quote appears in the filing. -
Price per share
$135.00
Checked
Source
“The initial public offering price is $135.00 per share.”
A model read this, and code confirmed the quote appears in the filing. -
Raised
$74,999,999,925before fees and costs
Checked
Source and check
Shares × price = 555,555,555 × $135.00 = $74,999,999,925. They match.
“Initial public offering price | $ 135.00 | $ 74,999,999,925”
A model read this, and code confirmed the quote appears in the filing. -
Bank fee
$500,000,000$0.90 a share, 0.7% of the raise
Checked
Source
“Underwriting discounts and commissions (1) | $ 0.90 | $ 500,000,000”
A model read this, and code confirmed the quote appears in the filing. -
Company receives first
$74,499,999,925before other costs
Checked
Source and check
Raised − bank fee = $74,999,999,925 − $500,000,000 = $74,499,999,925. They match.
“Proceeds, before expenses, to Space Exploration Technologies Corp. | $ 134.10 | $ 74,499,999,925”
A model read this, and code confirmed the quote appears in the filing. -
Lead banks
Goldman Sachs & Co. LLC, Morgan Stanley, BofA Securities, Citigroup, J.P. Morgan
From the prospectus
Source
“Joint Book-Running Managers Goldman Sachs & Co. LLC | Morgan Stanley | BofA Securities | Citigroup | J.P. Morgan”
A model read this, and code confirmed the quote appears in the filing. -
Trades as
SPCX on Nasdaq
Checked
Source
“We have been approved to list our Class A common stock on The Nasdaq Stock Market LLC (“Nasdaq”) and Nasdaq Texas, LLC (“Nasdaq Texas”) under the symbol “SPCX.””
A model read this, and code confirmed the quote appears in the filing. -
Extra for the banks
Up to 83,333,333 sharesan option the banks may use
From the prospectus
Source
“The underwriters may also exercise an option to purchase up to an additional 83,333,333 shares of our Class A common stock from us, at the initial public offering price for 30 days after the date of this prospectus.”
A model read this, and code confirmed the quote appears in the filing. - Final prospectus filed June 12, 2026
Not investment advice.Open the filing on SEC.gov
Where the money goes first
The banks take their fee before the company sees the money.
Where SPACE EXPLORATION TECHNOLOGIES CORP sits among the last 12 months
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