SpaceX (Space Exploration Technologies Corporation) is a private American aerospace and space transportation company founded by Elon Musk in 2002. The company is known for developing reusable rocket technology, which has helped reduce the cost of launching payloads into space and changed how commercial space missions are conducted. 

Its core operations include rocket development, spacecraft manufacturing, and satellite services. SpaceX designs and operates the Falcon 9 rocket and the Dragon spacecraft, which transport cargo and astronauts to the International Space Station. The company is also developing Starship, a fully reusable launch system intended for future missions to the Moon, Mars, and beyond. 

Another major part of the business is Starlink, a satellite internet network designed to provide broadband connectivity around the world, particularly in areas with limited access to traditional internet infrastructure. In recent years, SpaceX has also expanded its involvement in data, communications, and artificial intelligence-related technologies through investments in computing and network infrastructure. 

Today, SpaceX is one of the world's leading space companies and is responsible for a significant share of global orbital launches. Its activities span commercial satellite deployment, government missions, crewed spaceflight, and the development of technologies aimed at supporting long-term space exploration. 

SpaceX is expected to begin trading on Friday, 12 June 2026. The company plans to list its shares on the Nasdaq stock exchange under the ticker symbol SPCX. Nasdaq was selected as the listing venue as SpaceX seeks potential inclusion in the Nasdaq-100 index. 

The IPO process has moved quickly. SpaceX confidentially submitted its IPO filing in April 2026 and anticipated SEC approval by mid-May. A roadshow began on 4 June, allowing the company to present its business to potential investors before the final share price was determined. 

Final pricing is expected around 11 June, paving the way for the market debut on 12 June. According to the published schedule, share allocations and pricing were due to be completed on the morning of 12 June, with trading expected to begin when US markets opened later that day. 

SpaceX has priced its IPO at $135 per share. The company plans to issue approximately 555.6 million new shares as part of the offering, with an additional 15% greenshoe option of around 83.3 million shares available if investor demand exceeds expectations. 

At the IPO price, the offering is expected to raise about $75 billion. Unlike many public listings, the shares being sold are newly issued by the company rather than existing shares sold by current investors. This means the proceeds will go directly to SpaceX. 

The IPO pricing implies a market valuation of approximately $1.75 trillion at the time of listing. If achieved, this would place SpaceX among the most valuable publicly traded companies globally and exceed the valuation reached by many previous IPOs. 

SpaceX has stated that all proceeds from its IPO will be used to support the company’s growth plans. As the offering consists entirely of newly issued shares, the funds raised will go directly to SpaceX rather than existing shareholders. 

A significant portion of the capital is expected to be allocated to expanding AI and data-centre infrastructure, including projects linked to space-based computing initiatives. The company also plans to invest in the continued development of its Starlink satellite network through additional satellite launches and supporting ground infrastructure. 

The proceeds are also expected to fund research, development, and large-scale capital projects. These include Starship launches, rocket development, facility expansion, and other long-term initiatives. According to company statements, many of SpaceX’s future objectives rely on technologies that are still under development, making continued investment in research and infrastructure a key priority. The additional capital may also strengthen the company’s financial position and support projects that are not yet generating profits. 

A contract for difference (CFD) is a financial derivative that allows traders to speculate on the price movements of an asset without owning the underlying instrument. Instead of buying or selling the asset itself, the trader enters into an agreement with a broker to exchange the difference between the asset's price when the trade is opened and when it is closed. 

CFDs can be used to trade a wide range of markets, including stock CFDs, index CFDs, commodity CFDs, and currency CFDs. Traders can open a long position if they expect the price to rise or a short position if they believe the price may fall. This flexibility allows participation in both upward and downward market movements. 

CFDs are traded using margin, which means only a portion of the total trade value is required to open a position. While this can increase potential returns, it can also increase losses if the market moves against the trader. For this reason, understanding leverage and risk management is an important part of CFD trading. 

IPOs could present both opportunities and risks for CFD traders because newly listed stocks often experience high levels of volatility. Price movements during the first few trading sessions are typically influenced by investor demand, company valuations, and overall market sentiment. As a result, shares may move sharply higher after listing or fall below their opening price. 

CFD trading allows traders to speculate on both rising and falling prices without owning the underlying shares. Traders may take a long position if they expect a stock to gain value or a short position if they believe the market has overvalued the company. However, because CFDs are leveraged products, gains and losses could be magnified, particularly during periods of increased volatility. 

Trading IPO-related CFDs could be more challenging than trading established stock CFDs. Newly listed companies have limited historical price data, which could make technical analysis and trend identification more difficult. In addition, liquidity may be lower in the early stages of trading, potentially leading to wider spreads and slippage, where orders are executed at a different price than expected. 

Traders may also monitor IPO lock-up periods, which restrict insiders and early investors from selling shares for a defined period after listing. When these restrictions expire, additional shares could enter the market, which may influence supply, demand, and price movements. Availability of IPO CFDs could also vary, with some brokers only offering the instrument once the underlying stock begins trading on the exchange.