SpaceX IPO
What you need to know
This Friday, the markets will experience the largest IPO in history. SpaceX has to be one of the most hyped companies in our millennia, and, if not, in our history. SpaceX is aiming to accomplish what many thought only belonged in Sci-fi movies; data centers and civilizations in space. There has been a ton of coverage on this IPO already, and we are here to quantify all of it so you are going into Friday with a solid understanding of this historic moment in stock market history
The Facts
Aiming to raise $75B around a $1.75T valuation
Stock price expected to open at $135/share
Total float of 3-4% (30% for retail // 70% for institutional)
180 day lockup for many insiders, however, there are exceptions
After Q2 2026 earnings: Up to 20% of eligible locked-up shares can be sold.
Performance-Based Bonus: An additional 10% can unlock if the stock trades at least 30% above the IPO price for at least 5 of the 10 trading days following the earnings release
Q3 Earnings Release: An additional 28% unlocks after the Q3 earnings report
Elon Musk: Special longer lock-up — required to hold his ~40–42%+ stake for 366 days (no participation in early releases)
Fast entry into NASDAQ. SpaceX will be included 15 days post IPO
SP500 maintaining its 12 month seasoning period before inclusion.
It seems like the consensus amongst investors is that SpaceX 5-10 years down the road will be one of, if not, the most valuable company on the planet. The goals and ambitious they have is nothing to scoff at, rather, it is something to be in awe of. Elon is a polarizing figure, hence why we suspect there is different sides to this narrative. Nevertheless, it seems like the big question people have is what action will the stock price do in the short-term. There are so many angles to look at this question from and each one will give you a different answer. I think the question more so lies with the individual investor. Are you long-term bullish on space exploration and the space industry as a whole? Or are you looking to cash in on volatility within the first few weeks/months? Regardless of who you are, we wanted to lay out all the facts surrounding the IPO in order to help your decision making. This will be one for the ages!!