SpaceX hasn’t even started trading yet, and some investors are already sitting on life-changing returns. The company filed its S-1 registration in May 2026 with plans to list shares at $135 each, targeting a valuation of roughly $1.77 trillion. That would make it the largest initial public offering in history, with a fundraising target of approximately $75 billion.
Pre-IPO investors who bought in at earlier valuations, around $350 billion in late 2024, are now looking at a roughly fivefold increase on paper.
The secondary market gold rush
Secondary shares have been actively trading on platforms like Forge Global, where prices have hovered around $595 per share, and Hiive, where they’ve been listed near $674. Both prices represent a significant premium to the planned $135 IPO price.
Trading is anticipated to begin as early as June 12, 2026.
