Wall Street enters the space age this week — and, whether you like it or not: your 401k is going to be directly impacted by America’s ability to get to Mars. Happy SpaceX week. SpaceX is preparing one of the largest IPOs in history. Shares are expected to begin trading on Nasdaq under the ticker SPCX on June 12, 2026.
1. When will SpaceX go public and for how much? SpaceX plans to price shares at a fixed $135 each around June 11 and start trading the following day. It will sell roughly 555.6 million shares to raise about $75 billion, targeting a valuation of approximately $1.75 trillion. The company reported $18.7 billion in revenue for 2025 but posted a $4.9 billion net loss amid heavy investment in Starship, Starlink, and AI infrastructure. Recent large compute deals with Google and Anthropic support the growth case heading into public markets.
2. How do I buy shares? Major brokers including Fidelity, Robinhood, SoFi, Charles Schwab, and E*Trade are expected to offer access. Submit an indication of interest before pricing. SpaceX is allocating up to 30% of the offering to retail investors—an unusually large portion. Allocations are not guaranteed. After trading begins on June 12, anyone with a brokerage account can buy SPCX shares on the open market. Pre-IPO secondary purchases are generally limited to accredited investors with high minimums.
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3. When will it be listed on NASDAQ or a major index? Shares will trade on Nasdaq starting June 12. Fast-track inclusion in the Nasdaq-100 is expected relatively soon due to recent rule changes for large companies. Inclusion in the S&P 500 will take longer—likely not before mid-2027—because the company must meet profitability requirements and achieve a larger public float. Some Russell and FTSE indexes may add it faster.
4. What does this mean for my 401(k)? Many 401(k) participants will gain indirect exposure through index funds and ETFs that track the Nasdaq-100 or similar benchmarks, as these funds will likely purchase shares shortly after listing. This creates “involuntary” ownership for passive investors. SpaceX will not qualify for the S&P 500 in the near term, so core broad-market funds common in retirement plans won’t include it immediately.
5. What does this mean for the broader space economy? The roughly $75 billion raise gives SpaceX significant capital to accelerate Starship development, expand Starlink globally, and grow its AI infrastructure business. This should further lower space access costs and expand commercial opportunities. The IPO brings greater transparency and visibility to the sector, which could attract additional investment and talent, though short-term stock volatility may create temporary swings across space-related stocks.
6. Why is it the biggest ever? At a ~$1.75 trillion valuation and $75 billion raise, this dwarfs previous IPOs in scale. It combines real revenue traction from Starlink with high-ambition bets on Starship and AI compute under a high-profile founder, with strong retail demand and an unusually large retail allocation adding to the attention.
Sources
- SpaceX Plans to Set IPO Price at $135 per Share, Targeting $75B Raise
- SpaceX Sets Price for the World’s Largest I.P.O.
- SpaceX IPO: How to Buy Before June 12
- How Can Retail Investors Buy Shares in SpaceX’s IPO?
- Why SpaceX Faces Longer Wait to Join S&P 500
- Why the SpaceX IPO Will Affect Your 401(k)
- SpaceX IPO: How Can I Buy Shares, and What Are the Risks?
- Google to Pay SpaceX $920 Million a Month for Compute Capacity
- SpaceX Has to Grow 60x in a Decade to Justify $1.75 Trillion Valuation
- SpaceX Is Finally Going Public. Here’s How Much a $1,000 Investment Could Get You.
- Additional reporting from Yahoo Finance, Reuters, and SEC filings on the S-1 prospectus (May–June 2026)
Source: The Planetary Society
