SpaceX IPO: the date, the $135 price, how SPCX has traded, and how to buy it

By Maya Koeva · October 19, 2026 · 8 min read

A single hairline-outlined rocket silhouette standing on a thin launch line, its base resting on a row of small outlined squares like shares, with the square beneath it filled flat amber and a small slate-blue dot above its nose.

SpaceX went public on June 12, 2026. It priced its IPO at $135 a share the evening before, and the shares trade on the Nasdaq under the ticker SPCX. The stock opened at $150 and closed its first day at $160.95, up 19.2%. Four months later it is an ordinary listed stock you can buy through any brokerage that offers US shares. It closed at $146.03 on Friday, October 16: 8.2% above the IPO price, 9.3% below its first-day close and 30.9% below its June peak.

SpaceX IPO facts

TickerSPCX
ExchangeNasdaq Global Select Market
PricedThursday, June 11, 2026
First day of tradingFriday, June 12, 2026
IPO price$135 a share, set as a fixed price with no range
Shares sold555.6 million Class A shares
Money raisedAbout $75 billion, the largest IPO on record
Over-allotment optionUp to 83.3 million more shares at $135, which would take the total to about $86.25 billion
Valuation at the IPO priceAbout $1.8 trillion
First-day open$150.00 (+11.1%)
First-day high$176.52
First-day close$160.95 (+19.2%)

All the money raised went to the company. No existing shareholders sold in the offering, so every insider share reaches the market later, on the lockup schedule below. Sources: Benzinga on the pricing and share count, and IPOScoop on the debut.

How SPCX has traded since the IPO

Price
$146.03-9% over the window+35% off the low
Jun 12Oct 16
SpaceX (SPCX) daily close from its first trading day to October 16: a 31% run in the two sessions after the debut, a slide that bottomed at $108.27 the day after the first earnings report, and a recovery back above the $135 IPO price.

The stock has moved in four phases. It ran from its $160.95 first close to $211.39 two sessions later. It then lost almost half its value from that peak by the close on August 5, the day after its first earnings report, at $108.27, 19.8% below the IPO price. It recovered through the August lockup expiry and spent September between about $140 and $155. In early October it ran again, to $171.92 on October 6, its highest close since June 18, then gave back 15.1% over the next eight sessions.

Here is where the October 16 close of $146.03 sits against the numbers a quote page would show you:

Compared withPriceSPCX since
IPO price (June 11)$135.008.2%
First-day close (June 12)$160.959.3%
1 week ago (October 9 close)$162.5710.2%
1 month ago (September 16 close)$150.883.2%
All-time high close (June 16)$211.3930.9%
All-time low close (August 5)$108.2734.9%

The intraday record is $225.64, also on June 16.

The lockup expiries

Insiders could not sell when SpaceX listed. Their shares unlock in stages, and buyers have had to absorb each one. The schedule below comes from the June prospectus as summarized by The Motley Fool and others; the share counts are approximate, and the filing is the final word.

WhenShares that can be soldWhat happened
August 6, two days after the first earnings reportUp to about 912 millionStock rose 6.1% and then 15.8% over August 6 and 7
Price-linked bonus releaseUp to about 456 millionDid not trigger: it needed closes at or above $175.50
August 20, September 9, September 24, October 9About 320 to 330 million eachReleased
October 24 (a Saturday, so first tradable October 26)Up to about 328 millionScheduled
Two full trading days after third-quarter resultsUp to about 1.3 billionScheduled; results are due October 20, after the close
December 8The rest of the 180-day lockupScheduled
About June 2027Elon Musk and some other insidersSeparate 366-day lockup

The August release was the big test: about 912 million shares, more than the entire IPO, became sellable into a stock that had fallen 13.6% two sessions earlier on its first report. Buyers absorbed it, and SPCX closed above the IPO price on August 10 for the first time since July 15. We covered that week as it happened: retail never stopped buying SpaceX is the setup the morning of the unlock, and SpaceX stock sentiment: the score flipped, the float doubled is what followed. For why the size of the tradable float moves a stock's price, see what float is.

The next large release is tied to the third-quarter report. SpaceX said it will publish results after the market closes on Tuesday, October 20, with a webcast at 4:30 p.m. ET (Tesla North, citing the company's investor site). An earnings report is a catalyst on its own; this one also starts the clock on a release of up to about 1.3 billion shares.

How to buy SpaceX stock

SPCX is a normal Nasdaq listing now, so buying it works the same way as buying any other US stock. The IPO allocation is long closed, and there is no way to get shares at $135 unless the market price comes back there.

  1. Use a brokerage account that offers US stocks. Any broker that offers Nasdaq stocks lists SPCX. If you do not have an account yet, our guide to opening one and placing a first trade walks through it.
  2. Search for the ticker SPCX. Not SPCE: that is Virgin Galactic, and the two got confused often enough in IPO week that we wrote about the crowd that bought the wrong rocket.
  3. Choose how much to buy. One share cost $146.03 at the October 16 close. Many brokers sell fractional shares, so you can buy a dollar amount, $25 or $50, instead of a whole share.
  4. Pick an order type. A market order fills at once at the current price. A limit order fills only at your price or better, which matters on a stock that has moved 10% in a week more than once since June.

Outside the US, you need a broker with access to US exchanges. Many international brokers and some local banks offer it. Expect a currency conversion fee on the way in and out, and a W-8BEN tax form to fill in before your first US trade. Our guide covers which brokers people use in each region.

These are the mechanics of buying. The decision is yours.

What the accounts we track said, month by month

SpaceX has been one of the most-discussed names in Quantral since its first day of trading. The raw crowd and the accounts with a real track record have disagreed about it for most of that time. Graded below means calls from accounts with more than ten resolved calls, more than half of them right (how a track record is graded).

MonthMonth-end closeMonth moveAll mentions, bullish : bearishGraded, bullish : bearish
June$170.8626.6%145 : 2548 : 5
July$108.3736.6%84 : 1706 : 19
August$143.6932.6%110 : 13126 : 6
September$150.865.0%49 : 176 : 1
October, to date$146.033.2%55 : 426 : 4

June's move is measured from the $135 IPO price. October's close is October 16; its mentions run through October 18.

July and August show the split best. The raw crowd was bearish in both. The graded accounts were bearish three to one in July, while the stock fell 36.6%, and bullish four to one in August, while it rose 32.6%. Quantral's score follows the graded side, which is why it read SpaceX at 19 in mid-July, at $139.14, and why it flipped to 77 in the days around the first earnings report, while the stock was still near its low. Counting hands would have kept you bearish through the whole August recovery, and credibility weighting exists to catch that gap.

Some of the accounts behind those columns, with their SpaceX calls since the IPO:

AccountGraded callsBullish on SPCXBearish on SPCX
@PhotonBull257118
@ThematicTrader20030
@CKCapitalxx11642
@cmsinvests6665
@amitisinvesting62121

@PhotonBull is the clearest case of the July-to-August turn: 7 bearish calls and 2 bullish through July, then 9 bullish and 1 bearish from August on.

Where the read stands now

As of the morning of October 19, SpaceX carries a 7-day score of 64, cooler than the 76 it read in mid-August. Since September the accounts we track have leaned bullish overall, 104 bullish mentions to 59 bearish, but the platforms split: on X the calls ran 62 bullish to 10 bearish, on Reddit 33 bullish to 46 bearish. The last seven days were quieter and leaned the other way, 28 mentions, 10 bullish and 14 bearish, most of the bearish ones Reddit replies doubting the entry price and the valuation after the pullback from $171.92.

The score reads which way the accounts with a record lean going into the report and the unlock after it, and it makes no forecast for either. Right now that lean lands on the positive side, and it is thin: graded accounts made one directional call on SPCX in the last seven days. The dated snapshot of this conversation is on our SpaceX stock page.

Common questions

When did SpaceX go public?

SpaceX priced its IPO on June 11, 2026, and its shares started trading on the Nasdaq on Friday, June 12, 2026, under the ticker SPCX.

What was the SpaceX IPO price?

$135 a share, set as a fixed price without the usual range. The stock opened at $150 on its first day and closed at $160.95.

How much did the SpaceX IPO raise?

About $75 billion from 555.6 million shares, the largest IPO on record. An over-allotment option on up to 83.3 million more shares could take the total to about $86.25 billion. At $135 a share, SpaceX was valued at about $1.8 trillion.

What is SpaceX's stock ticker?

SPCX, on the Nasdaq. Do not confuse it with SPCE, which is Virgin Galactic.

How do I buy SpaceX stock?

Open or log in to a brokerage account that offers US stocks, search for SPCX, choose a number of shares or a dollar amount if your broker offers fractional shares, and place a market or limit order. Outside the US, use a broker with access to US exchanges.

Can I still buy SpaceX at the IPO price?

No. The $135 price applied only to shares allocated in the offering. Since June 12 SPCX has traded at the market price, which closed at $146.03 on October 16 and has ranged from $108.27 to $211.39 at the close.

Is SpaceX stock a good buy?

We do not give buy or sell advice. The evidence we have: the accounts with the best track records were right to be bearish in July and right to turn bullish in August, and today their read leans positive at a score of 64, with a large unlock and an earnings report in the same week.

When does SpaceX report earnings next?

SpaceX reports third-quarter results after the market close on Tuesday, October 20, 2026.

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Open SpaceX in the app, on the web at app.quantral.com, on iOS or on Android, to see the score and every call behind it, with who made each one. Start with a 7-day free trial.

Prices are closing prices through October 16, 2026. Mention counts and splits cover the accounts Quantral tracks, by calendar month, through October 18; the score is the 7-day reading on the morning of October 19. Earlier scores are the values published in the posts linked above. IPO and lockup details are from the public sources linked in the text.


Quantral surfaces signals and context from public sources to support your own research. Nothing here is financial advice or a recommendation to buy or sell. Past signals are not indicative of future results.