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SpaceX IPO: Live updates on everything you need to know

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SpaceX has captured the attention of media, investors, and the public for years now — interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and of course, for its founder and CEO Elon Musk.

But in its 24-year history, nothing quite compares to this initial public offering. Everyone seems to be interested, and perhaps it’s because of the sheer size of this IPO. The company priced its 555.6 million shares at $135 each to raise $75 billion, making it the largest IPO in history. At this price, the deal also looks set to make Musk the world’s first trillionaire.

TechCrunch has followed SpaceX’s start, struggles, and successes from the early days. And we’re here for what happens next too. This article will be continually updated with all of the latest SpaceX IPO news.

The latest on the SpaceX IPO

SpaceX shares opened at $150 on the Nasdaq public exchange, an 11% pop for the most anticipated debut in history. And it has continued to rise. The shares keep rising too (which we will update here). In midday trading, SpaceX shares soared 30%. SpaceX shares closed at $160.95, up 19%.

There has been heavy trading volume, as expected. Robinhood said it has seen “record-breaking traffic on its trading platform in the hours after SpaceX’s historic public markets debut.

SpaceX COO Gwynne Shotwell was interviewed by CNBC on Friday and among the many interesting comments she made, here is one that might get the attention of Tesla shareholders. At one point in the interview, Shotwell said a “merger between SpaceX and Tesla might make Elon’s life a little easier.”

Among the winners are the banks, which have brought in about $500 million in total fees. The big winners are Goldman Sachs and Morgan Stanley, per the WSJ.

Musk took to X, the social media company he owns, to share his appreciation of SpaceX employees as the stock rose. “I love the incredible people of SpaceX beyond words,” he wrote Friday afternoon. He also reposted a number of SpaceX IPO related posts, including a photo of insiders all wearing green shoes in what appears to be a nod to “the green shoe option.” This is a provision in an IPO underwriting agreement that lets underwriters to sell up to 15% more shares than originally planned if demand is strong.

To get a deeper look into what happened today, and all the far-ranging implications of SpaceX now being a publicly traded company, Senior Reporter Sean O’Kane and AI Editor Russell Brandom sat down for a special episode of our Equity podcast, which you can listen to right here or via your podcast player of choice, or queue it up on YouTube here.

How to track the SpaceX IPO

With an offering this large, there is a lot of financial machinery operating behind the scenes — so the first question is just when the stock makes it to the market to start trading. SpaceX is debuting on Nasdaq and you can see the official Nasdaq listing here, which will have the price of record as soon as there is one. Nasdaq also has video of the SpaceX crew ringing the bell, if that’s your thing.

But the price is just part of the picture. For the most up-to-the-minute information, your best bet is still financial press outlets like Bloomberg and CNBC, both of which have liveblogs running and will have close coverage of any hiccups that happen in getting the stock to market.

The SpaceX IPO, by the numbers

Here we look at some of the bigger numbers, the consequential figures, and the eyewatering amounts that make up the company’s S-1 form. 

For instance, SpaceX lost $4.9 billion on revenues of over $18 billion in 2025. That’s only a fraction of the more than $37 billion lost since SpaceX’s inception. 

As CEO, Elon Musk holds about 85.1% of the company’s voting power. You can read more about that in the next section “Who wins and who doesn’t” — and we’ll continue to drop interesting numbers in here.

Here is another figure that caught our attention… 4,400. That’s the number of SpaceX employees who could become millionaires, according to the NYT.

Elon Musk can’t hear you over the sound of his $1.75 trillion IPO: The Equity podcast weighs in on the IPO.

Who wins and who doesn’t

SpaceX is the world’s largest IPO in history and means a big payday for some investors, employees, and of course, Elon Musk.

Elon Musk becomes the world’s first trillionaire after SpaceX’s historic IPO: The SpaceX IPO has boosted Musk’s paper wealth to more than $1,000,000,000,000 at a time when he is more hated — and powerful — than ever.

How Elon Musk will increase his power through the SpaceX IPO: Musk, who will have more than 50% of the voting power, will have a monarchical grip over the publicly traded version of SpaceX — control that goes far beyond what other tech founders enjoy.

Who will benefit most from SpaceX IPO? Mostly Elon — and a few from his inner circle: Elon Musk has the largest stake in SpaceX by billions of shares, but others also stand to win. Here’s the rundown of who owns what.

SpaceX SPV investors won’t know their true holdings until post-IPO lock-ups lift: After SpaceX makes its public debut, lower-tier SPV investors face hidden fees, lengthy payout delays, and the risk of outright fraud.

What’s in the S-1

The S-1 registration document gave the world an unprecedented look inside SpaceX, including its financials and its various businesses. The S-1 continued to be amended as the IPO date approached, and we were on it. Here is what we found.

The SpaceX IPO filing is filled with AI bets, Starship dreams, and Elon Musk at the center: The contents of the SpaceX IPO details a business dominated by its Starlink satellite internet offering, more than $37 billion in losses, and future business prospects through its xAI division.

Starship’s path to reusability looks murky after SpaceX’s S-1: SpaceX’s IPO and Starship rocket test flight delivered two big data points that offer a realistic vision for the coming years — and one that may disappoint both the company’s boosters and its critics.

SpaceX warns investors of future dilution, adding fuel to Tesla merger rumors: The company added new language to its S-1, a warning to prospective investors that a major dilution could be in the cards after it goes public.

Pre-IPO deals and events

Leading up to the IPO, SpaceX locked in a string of deals, mostly selling off compute to improve its balance sheet.

Anthropic will pay xAI $1.25B per month for compute: Initial coverage of the Anthropic deal on May 20.

How long is Anthropic’s lease with SpaceX? Opinions vary: Elon Musk keeps downplaying the duration of SpaceX’s contract with Anthropic.

Google will pay SpaceX $920M per month for compute: A Google representative described the deal as a short-term deal addressing unexpected demand for its recently launched AI products.

This article originally published at 10 am ET, June 12, 2026. It has been updated with new coverage of the SpaceX IPO, share price, and other related events.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

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FG seeks action on harmful gender norms to improve adolescent health

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The federal government has called for stronger action to transform harmful gender norms that contribute to early pregnancy, violence, exclusion and poor health outcomes among adolescents in Nigeria.

The Minister of State for Health and Social Welfare, Iziaq Salako, made the call on Wednesday in Abuja at the 2026 Gender and Inclusion Summit organised by the Policy Innovation Centre (PIC) in collaboration with the Nigerian Economic Summit Group (NESG).

The summit, themed “From Agenda to Action: Making Innovations Count for the Last Mile,” focused on translating policies and innovations into tangible outcomes, particularly for underserved and vulnerable populations.

Delivering his speech, Mr Salako said gender norms shape how adolescents behave, access healthcare and education, express themselves and participate in society.

He said rigid social expectations based on misconceptions and unfair practices often limit adolescents’ opportunities and expose them to discrimination and other vulnerabilities.

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According to him, harmful gender norms can reinforce discrimination, violence, early pregnancy, exclusion, and poor health outcomes.

“Transforming gender norms, therefore, matters because we must address norms that limit access to healthcare, safety, education and the ability to earn and make decisions,” he said.

Measures

Mr Salako said the federal government had made progress in strengthening adolescent health and advancing gender equality through policies, programmes and interventions.

He said the government had increased the visibility of adolescent health programmes, expanded access to adolescent sexual and reproductive health services, and strengthened the policy framework to address the health needs of young people.

The minister listed services covering family planning, sexually transmitted infections and HIV prevention, counselling and other sexual and reproductive health needs.

He said the Federal Ministry of Health and Social Welfare had also developed the National Sexual and Reproductive Health Policy 2025–2030.

According to him, the ministry has integrated gender and adolescent health through a dedicated Gender and Adolescent Programmes and Adolescent Health Department under its Family Health Department.

He said the arrangement would provide a platform for addressing gender related barriers to healthcare, gender based vulnerabilities and the different health needs of adolescents and young people.

Mr Salako also cited the National Adolescent Health Policy, the National Gender and Health Policy, guidelines on healthcare for survivors of gender-based violence, and training programmes for healthcare providers as part of the government’s efforts to improve adolescent health.

He said the Adolescent Health Development and Coordination Committee serves as a platform for coordinating interventions and reviewing adolescent health programmes.

HPV vaccination, reproductive health interventions
The minister said the government had also launched a national Human Papillomavirus (HPV) vaccination campaign targeting more than 40 million adolescents nationwide.

He said the government was continuing efforts to sustain the campaign and ensure that eligible adolescents were reached.

Mr Salako also said the Strengthening Access to Reproductive Health by Adolescent Health Project was being implemented in Sokoto and Adamawa states, with lessons from the intervention expected to inform its expansion.

In addition, he said the government was working with stakeholders to strengthen the capacity of institutions and service providers involved in adolescent health.

READ ALSO: PT Health Watch: Common cancer risk factors that should not be ignored

Study to guide policy

Mr Salako said the findings of a new study on gender norms, attitudes, health and well-being would provide evidence to guide government policies and programmes.

He said the study would provide nationally representative data on the social and gender norms influencing the behaviour and health outcomes of adolescents in Nigeria.

According to him, the study examined issues including child, early and forced marriage, gender based violence, sexual and reproductive health, HPV vaccination and women’s economic empowerment.

He said the evidence would be useful in shaping interventions across sectors, including health, education, social protection and economic empowerment.

“Evidence produced will be instrumental in informing policy formulation, programming and financing across sectors, including health, education, social protection and economic empowerment,” he said.

The minister said the government would continue to prioritise adolescent health while working with stakeholders to ensure that policies and innovations reached the people who needed them most.

He urged participants at the summit to use the evidence generated from the study to strengthen interventions and close gender and generational gaps affecting adolescents and young people in Nigeria.


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2027: INEC to establish voting centres for IDPs in nine Plateau LGAs

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The Independent National Electoral Commission, INEC, says internally displaced persons, IDPs, in nine local government areas of Plateau State will be able to vote from designated centres during the 2027 general elections.

Resident Electoral Commissioner, REC, in Plateau State, Oliver Agundu, disclosed this during a stakeholders’ meeting in Jos, explaining that the commission is making arrangements to ensure that displaced voters are not disenfranchised.

According to Agundu, the affected local government areas include Bassa, Barkin Ladi, Bokkos, Jos East, Jos North, Jos South, Mangu, Riyom and Wase, where insecurity and communal clashes have forced many residents from their communities.

He said INEC had already begun engagements with relevant stakeholders and would establish special voting centres in locations where displaced persons are currently residing to enable them participate in the electoral process.

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The REC stressed that every eligible voter has a constitutional right to vote regardless of displacement, adding that the commission remains committed to conducting inclusive elections.

“We are planning for IDPs in the affected local government areas to vote in designated centres during the 2027 general elections.

“No eligible voter should be denied the opportunity to exercise his or her civic responsibility because of displacement.”

Agundu also urged displaced persons to safeguard their Permanent Voter Cards, PVCs and participate in voter registration and update exercises whenever the commission opens the window for such activities.

The initiative is part of INEC’s efforts to deepen electoral inclusion and ensure that citizens affected by insecurity are not excluded from the democratic process ahead of the 2027 polls.

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