SpaceX is about to go public in what would be the largest IPO ever recorded, and the ripple effects could hit crypto investors harder than they might expect.
The company plans to list on Nasdaq under the ticker SPCX on June 12, 2026, offering 555.6 million shares at $135 each. That would raise approximately $75 billion and peg SpaceX’s valuation somewhere between $1.77 trillion and $1.8 trillion.
The Musk wealth equation
Elon Musk holds an estimated 43% stake in SpaceX. At the expected valuation, that stake alone would be worth north of $760 billion, potentially pushing his total net worth past the $1 trillion mark.
The IPO isn’t just a payday for Musk, though. Approximately 4,400 SpaceX employees are expected to become millionaires when the shares start trading. Most of those newly minted millionaires are clustered around Starbase, Texas, where SpaceX relocated its headquarters in 2024 after disputes with California over state policies.
