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orywireSpaceX priced its IPO at $135 a share and expects SPCX to begin trading on Nasdaq on June 12. As of the latest check, Nasdaq listed SPCX as not trading, with no opening market price yet.
SpaceX priced its IPO at $135 a share, but SPCX had not opened for trading on Nasdaq at the latest check early Friday. The ticker is SPCX, and the first public market price will be set only once Nasdaq opens the new issue for trading.
Space Exploration Technologies Corp., better known as SpaceX, said it priced 555,555,555 shares of Class A common stock at $135 per share.
The company said the shares are expected to begin trading on the Nasdaq Global Select Market and Nasdaq Texas on June 12 under the ticker symbol SPCX. The offering is expected to close on June 15, subject to customary closing conditions.
SpaceX also granted underwriters a 30-day option to buy up to 83,333,333 additional shares at the IPO price.
Not yet, according to the latest check of Nasdaq’s SPCX quote page. Nasdaq listed the company as Space Exploration Technologies Corp. under SPCX, but the quote page displayed “SPCX is currently not trading,” with volume at zero and no bid or ask price shown.
That means there was no official public opening trade to report at that time. Once SPCX begins trading, the live market price may differ from the $135 IPO price.
SpaceX has not announced a precise first-trade time. A June 12 trading date does not necessarily mean the stock will open at the regular 9:30 a.m. ET market open.
Nasdaq’s IPO Cross process allows orders and quotes to build before a new issue opens. The lead underwriter and Nasdaq then determine when the stock is ready to begin trading. Nasdaq says the pre-launch period does not have a defined minimum or maximum length.
Once the IPO Cross is completed, Nasdaq disseminates the official opening price and regular trading begins.
The $135 figure is the IPO price, not necessarily the price public-market buyers will see when trading opens.
IPO allocations are handled before the stock begins trading. After the opening process, SPCX will trade based on public market supply and demand. The opening price, last sale, bid, ask and volume are the fields to watch once Nasdaq updates the quote.
A sharp difference between the $135 IPO price and the first traded price would show how public-market demand compares with the offering price.
The first useful post-open fields will be the Nasdaq official opening price, the first trade, volume and the move above or below $135.
The NYSE and Nasdaq are closed Friday, June 19, for Juneteenth 2026. USPS and many banks are also closed or on holiday schedules, while UPS and FedEx list services as open.
Crude prices fell after President Trump called off threatened strikes on Iran, easing the immediate supply-risk premium. Traders are still watching whether a U.S.-Iran deal materializes and whether oil flows through the Strait of Hormuz normalize.
Investors should also watch the bid-ask spread, any volatility-related trading halt, the day’s high and low, and the closing price. Nasdaq cautions that premarket and after-hours trading can have less liquidity and faster price moves, and says investors who trade during those periods are strongly advised to use limit orders.
The underwriters’ option to buy additional shares is another field to monitor after the debut. SpaceX said that option can cover up to 83,333,333 more shares at the IPO price during a 30-day period.
The base offering totals about $75 billion before any additional shares from the underwriters’ option. Reuters reported that the sale valued SpaceX at about $1.77 trillion, putting the debut among the largest public offerings ever.
For readers tracking the stock rather than the offering, the first Nasdaq print is the next key update. Until that happens, the most accurate public figures are the $135 IPO price, the SPCX ticker and Nasdaq’s latest status showing that the stock had not yet begun trading.
SpaceX shares are expected to begin trading June 12 under the ticker SPCX, according to SEC-filed IPO materials. The final IPO price is expected June 11, with the filing materials listing $135 as the indicative price.
