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SpaceX IPO: Live updates on everything you need to know | TechCrunch
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 5 each to raise  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 0 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 0.95, 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 0 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 .9 billion on revenues of over  billion in 2025. That’s only a fraction of the more than  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 .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 ,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  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 .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 0M 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.#SpaceX #IPO #Live #updates #TechCrunchElon Musk,IPO,SpaceX,spacex ipo

SpaceX IPO: Live updates on everything you need to know | TechCrunch

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.

#SpaceX #IPO #Live #updates #TechCrunchElon Musk,IPO,SpaceX,spacex ipo

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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Deadspin | Celine Borge, Polly Mack halfway to first LPGA wins at Dow <div id=""><section id="0" class=" w-full"><div class="xl:container mx-0 !px-4 py-0 pb-4 !mx-0 !px-0"><img src="https://images.deadspin.com/tr:w-1200,fo-auto/25356793.jpg" srcset="https://images.deadspin.com/tr:w-400,fo-auto/25356793.jpg 400w, https://images.deadspin.com/tr:w-800,fo-auto/25356793.jpg 800w, https://images.deadspin.com/tr:w-1200,fo-auto/25356793.jpg 1200w" alt="Polly Mack of Berlin, Germany, tees off on the 2nd hole on Thursday, Feb. 6th during the first round of the LPGA 2025 Founders Cup at the Bradenton Country Club in Bradenton, Florida." class="w-full" sizes="1200px" fetchpriority="high" loading="eager"/><span class="text-0.8 leading-tight">Polly Mack of Berlin, Germany, tees off on the 2nd hole on Thursday, Feb. 6th during the first round of the LPGA 2025 Founders Cup at the Bradenton Country Club in Bradenton, Florida.<!-- --> <!-- --> </span></div></section><section id="section-1"> <p>Celine Borge of Norway and Polly Mack of Germany surged to the top of the leaderboard at the halfway point of the Dow Championship as they collaborated for a 10-under-par 60 score during the second round of the Dow Championship on Friday at Midland (Mich.) Country Club.</p> </section><section id="section-2"> <p>Borge and Mack began the day a stroke back after a 2-under opening round. They took major advantage of the four-ball format — considered the easier of the two for the team event — for the second round, combining for a bogey-free showing to sit at 12-under 128 through two rounds.</p> </section><section id="section-3"> <p>Japanese pair Ayaka Furue and Yuna Nishimura (61) are a stroke back at 11 under while world No. 1 Nelly Korda and her German teammate Olivia Cowan (60) are next at 10 under.</p> </section><section id="section-4"> <p>The LPGA’s lone team event features 72 two-woman teams. They played foursomes (alternate shot) on Thursday and four-ball (best ball) on Friday. The 34 teams that made the 36-hole cut play foursomes on Saturday and four-ball on Sunday.</p> </section><section id="section-5"> <p>Borge and Mack both did their part as they began the day on the back nine. They each tallied birdies on Nos. 12 and 17, Borge added one on the 10th hole and Mack did solo on the 14th.</p> </section><section id="section-6"> <p>Mack carried the load on the front nine, though, notching an eagle at the par-5 third hole and three other birdies. Borge didn’t have any under-par holes on the front nine, but she contributed pars on the two holes Mack bogeyed.</p> </section><section id="section-7"> <p>“I feel like we are really just in sync right now,” Mack said. “Even when one is like a little bit in trouble, the other one is making the birdie putt. It’s pretty cool to see.”</p> </section><br/><section id="section-8"> <p>The pair, both of whom joined the LPGA Tour in 2023, have no wins and only one top-10 finish between them. This is the fourth time the roommates have played together at this event, missing the cut the last two years after a T3 finish in their debut in 2023.</p> </section> <section id="section-9"> <p>“We have really good memories from three years ago and we know that we can do it, so I think we’re even striving for more this year,” Mack said.</p> </section><section id="section-10"> <p>Furue and Nishimura delivered six of their nine birdies in succession as they wrapped around the back nine to the front. It was a clean day for both, with the pair only scoring two bogeys in the entire round — neither of which counted as the team’s score on the hole.</p> </section><section id="section-11"> <p>“The first half, Ayaka helped out a lot,” Nishimura said. “In the second half, I was able to contribute so I’m happy about it.</p> </section><section id="section-12"> <p>Korda and Cowan were even through Round 1 before tying for the best round of the day on Friday, pairing 11 birdies with a lone bogey they had to score on the par-4 16th. They were each bogey-free in the second half of their round, a six-under front nine.</p> </section><section id="section-13"> <p>The pairs of Gina Kim and Yana Wilson (63), Japanese sisters Chizzy Iwai and Aki Iwai (63), Sweden’s Linn Grant and Maja Stark (63) and South Korea’s Hye-Jin Choi and Hyo Joo Kim (62) are tied for fourth at 9 under.</p> </section><section id="section-14"> <p>Hall of Famer Juli Inkster, 66, became the oldest player to make an LPGA cut when she combined with 27-year-old Angel Yin for a 68 on Friday that elevated the duo to 3 under for the tournament.</p> </section><section id="section-15"> </section><br/><section id="section-16"> <p>–Field Level Media</p> </section> </div> #Deadspin #Celine #Borge #Polly #Mack #halfway #LPGA #wins #Dow


Elon Musk’s rocket, satellite, and AI company SpaceX is finally trading on Wall Street after what feels like a very long buildup to its IPO.

The company priced its shares at $135 each Thursday evening, giving SpaceX a valuation of roughly $1.77 trillion and making it the largest stock debut in history. SpaceX sold 555 million shares during the offering, raising $75 billion.

Shares of SpaceX are now trading on the Nasdaq under the ticker symbol SPCX.

The highly anticipated IPO has instantly made SpaceX one of the most valuable companies in the world and is set to make Musk the world’s first trillionaire. It may have also made some Trump administration officials richer.

The listing also gives ordinary investors one of their first chances to buy shares in a major AI company outside of established tech giants like Meta, Microsoft, and Alphabet. SpaceX acquired xAI, parent company of the social media site formerly known as Twitter and the controversial Grok chatbot, earlier this year. Its AI rivals OpenAI and Anthropic also plan to go public this year.

Part of SpaceX’s pitch for its massive IPO is that the company has future earnings potential that frankly has never been claimed by any company in history. In its IPO filing, the company estimates it has a $28.5 trillion total addressable market, with roughly $26.5 trillion expected to come from AI alone.

The sheer size of the offering has already pushed parts of Wall Street to bend some of their rules.

Several major stock market index providers, including Nasdaq and FTSE Russell, have recently changed or adopted fast-entry rules that could allow companies like SpaceX to be added to major indexes much sooner than they normally would.

Once SpaceX is added to these indexes shortly after its IPO, funds that track those indexes may have to buy SpaceX shares. That means regular people could end up with exposure to Musk’s currently unprofitable company, even if they never intentionally bought the stock themselves.

The company is aiming for retail investors to make up about 30% of the offering, well above the roughly 10% typically seen in an IPO.

But not everyone is buying the hype, especially given the company’s current financials. In 2025, SpaceX reported a net loss of $4.9 billion despite generating $18.6 billion in revenue.

S&P Dow Jones Indices announced last week that it is keeping its eligibility rules intact for the S&P 500, the benchmark behind many Americans’ retirement funds, as well as several other major indexes. That means SpaceX will not be fast-tracked into the S&P 500, at least for now.

Morningstar analysts also warned this week that SpaceX may be overvalued at its IPO price. The financial services firm estimated the stock is actually worth about $63 a share, less than half of its $135 IPO price.

The stock is expected to start trading sometime after 10AM on Friday, and it’s probably an understatement to say its first day of price swings will be the most closely watched of all time.

#SpaceX #Hits #Wall #Steet #Biggest #IPO #HistoryAI,SPACEX,Wall Street">SpaceX Hits Wall Steet With the Biggest IPO in History
                Elon Musk’s rocket, satellite, and AI company SpaceX is finally trading on Wall Street after what feels like a very long buildup to its IPO. The company priced its shares at 5 each Thursday evening, giving SpaceX a valuation of roughly .77 trillion and making it the largest stock debut in history. SpaceX sold 555 million shares during the offering, raising  billion.

 Shares of SpaceX are now trading on the Nasdaq under the ticker symbol SPCX. The highly anticipated IPO has instantly made SpaceX one of the most valuable companies in the world and is set to make Musk the world’s first trillionaire. It may have also made some Trump administration officials richer. The listing also gives ordinary investors one of their first chances to buy shares in a major AI company outside of established tech giants like Meta, Microsoft, and Alphabet. SpaceX acquired xAI, parent company of the social media site formerly known as Twitter and the controversial Grok chatbot, earlier this year. Its AI rivals OpenAI and Anthropic also plan to go public this year.

 Part of SpaceX’s pitch for its massive IPO is that the company has future earnings potential that frankly has never been claimed by any company in history. In its IPO filing, the company estimates it has a .5 trillion total addressable market, with roughly .5 trillion expected to come from AI alone.

 The sheer size of the offering has already pushed parts of Wall Street to bend some of their rules. Several major stock market index providers, including Nasdaq and FTSE Russell, have recently changed or adopted fast-entry rules that could allow companies like SpaceX to be added to major indexes much sooner than they normally would. Once SpaceX is added to these indexes shortly after its IPO, funds that track those indexes may have to buy SpaceX shares. That means regular people could end up with exposure to Musk’s currently unprofitable company, even if they never intentionally bought the stock themselves.

 The company is aiming for retail investors to make up about 30% of the offering, well above the roughly 10% typically seen in an IPO. But not everyone is buying the hype, especially given the company’s current financials. In 2025, SpaceX reported a net loss of .9 billion despite generating .6 billion in revenue. S&P Dow Jones Indices announced last week that it is keeping its eligibility rules intact for the S&P 500, the benchmark behind many Americans’ retirement funds, as well as several other major indexes. That means SpaceX will not be fast-tracked into the S&P 500, at least for now. Morningstar analysts also warned this week that SpaceX may be overvalued at its IPO price. The financial services firm estimated the stock is actually worth about  a share, less than half of its 5 IPO price. The stock is expected to start trading sometime after 10AM on Friday, and it’s probably an understatement to say its first day of price swings will be the most closely watched of all time.      #SpaceX #Hits #Wall #Steet #Biggest #IPO #HistoryAI,SPACEX,Wall Street

largest stock debut in history. SpaceX sold 555 million shares during the offering, raising $75 billion.

Shares of SpaceX are now trading on the Nasdaq under the ticker symbol SPCX.

The highly anticipated IPO has instantly made SpaceX one of the most valuable companies in the world and is set to make Musk the world’s first trillionaire. It may have also made some Trump administration officials richer.

The listing also gives ordinary investors one of their first chances to buy shares in a major AI company outside of established tech giants like Meta, Microsoft, and Alphabet. SpaceX acquired xAI, parent company of the social media site formerly known as Twitter and the controversial Grok chatbot, earlier this year. Its AI rivals OpenAI and Anthropic also plan to go public this year.

Part of SpaceX’s pitch for its massive IPO is that the company has future earnings potential that frankly has never been claimed by any company in history. In its IPO filing, the company estimates it has a $28.5 trillion total addressable market, with roughly $26.5 trillion expected to come from AI alone.

The sheer size of the offering has already pushed parts of Wall Street to bend some of their rules.

Several major stock market index providers, including Nasdaq and FTSE Russell, have recently changed or adopted fast-entry rules that could allow companies like SpaceX to be added to major indexes much sooner than they normally would.

Once SpaceX is added to these indexes shortly after its IPO, funds that track those indexes may have to buy SpaceX shares. That means regular people could end up with exposure to Musk’s currently unprofitable company, even if they never intentionally bought the stock themselves.

The company is aiming for retail investors to make up about 30% of the offering, well above the roughly 10% typically seen in an IPO.

But not everyone is buying the hype, especially given the company’s current financials. In 2025, SpaceX reported a net loss of $4.9 billion despite generating $18.6 billion in revenue.

S&P Dow Jones Indices announced last week that it is keeping its eligibility rules intact for the S&P 500, the benchmark behind many Americans’ retirement funds, as well as several other major indexes. That means SpaceX will not be fast-tracked into the S&P 500, at least for now.

Morningstar analysts also warned this week that SpaceX may be overvalued at its IPO price. The financial services firm estimated the stock is actually worth about $63 a share, less than half of its $135 IPO price.

The stock is expected to start trading sometime after 10AM on Friday, and it’s probably an understatement to say its first day of price swings will be the most closely watched of all time.

#SpaceX #Hits #Wall #Steet #Biggest #IPO #HistoryAI,SPACEX,Wall Street">SpaceX Hits Wall Steet With the Biggest IPO in HistorySpaceX Hits Wall Steet With the Biggest IPO in History
                Elon Musk’s rocket, satellite, and AI company SpaceX is finally trading on Wall Street after what feels like a very long buildup to its IPO. The company priced its shares at $135 each Thursday evening, giving SpaceX a valuation of roughly $1.77 trillion and making it the largest stock debut in history. SpaceX sold 555 million shares during the offering, raising $75 billion.

 Shares of SpaceX are now trading on the Nasdaq under the ticker symbol SPCX. The highly anticipated IPO has instantly made SpaceX one of the most valuable companies in the world and is set to make Musk the world’s first trillionaire. It may have also made some Trump administration officials richer. The listing also gives ordinary investors one of their first chances to buy shares in a major AI company outside of established tech giants like Meta, Microsoft, and Alphabet. SpaceX acquired xAI, parent company of the social media site formerly known as Twitter and the controversial Grok chatbot, earlier this year. Its AI rivals OpenAI and Anthropic also plan to go public this year.

 Part of SpaceX’s pitch for its massive IPO is that the company has future earnings potential that frankly has never been claimed by any company in history. In its IPO filing, the company estimates it has a $28.5 trillion total addressable market, with roughly $26.5 trillion expected to come from AI alone.

 The sheer size of the offering has already pushed parts of Wall Street to bend some of their rules. Several major stock market index providers, including Nasdaq and FTSE Russell, have recently changed or adopted fast-entry rules that could allow companies like SpaceX to be added to major indexes much sooner than they normally would. Once SpaceX is added to these indexes shortly after its IPO, funds that track those indexes may have to buy SpaceX shares. That means regular people could end up with exposure to Musk’s currently unprofitable company, even if they never intentionally bought the stock themselves.

 The company is aiming for retail investors to make up about 30% of the offering, well above the roughly 10% typically seen in an IPO. But not everyone is buying the hype, especially given the company’s current financials. In 2025, SpaceX reported a net loss of $4.9 billion despite generating $18.6 billion in revenue. S&P Dow Jones Indices announced last week that it is keeping its eligibility rules intact for the S&P 500, the benchmark behind many Americans’ retirement funds, as well as several other major indexes. That means SpaceX will not be fast-tracked into the S&P 500, at least for now. Morningstar analysts also warned this week that SpaceX may be overvalued at its IPO price. The financial services firm estimated the stock is actually worth about $63 a share, less than half of its $135 IPO price. The stock is expected to start trading sometime after 10AM on Friday, and it’s probably an understatement to say its first day of price swings will be the most closely watched of all time.      #SpaceX #Hits #Wall #Steet #Biggest #IPO #HistoryAI,SPACEX,Wall Street

Elon Musk’s rocket, satellite, and AI company SpaceX is finally trading on Wall Street after what feels like a very long buildup to its IPO.

The company priced its shares at $135 each Thursday evening, giving SpaceX a valuation of roughly $1.77 trillion and making it the largest stock debut in history. SpaceX sold 555 million shares during the offering, raising $75 billion.

Shares of SpaceX are now trading on the Nasdaq under the ticker symbol SPCX.

The highly anticipated IPO has instantly made SpaceX one of the most valuable companies in the world and is set to make Musk the world’s first trillionaire. It may have also made some Trump administration officials richer.

The listing also gives ordinary investors one of their first chances to buy shares in a major AI company outside of established tech giants like Meta, Microsoft, and Alphabet. SpaceX acquired xAI, parent company of the social media site formerly known as Twitter and the controversial Grok chatbot, earlier this year. Its AI rivals OpenAI and Anthropic also plan to go public this year.

Part of SpaceX’s pitch for its massive IPO is that the company has future earnings potential that frankly has never been claimed by any company in history. In its IPO filing, the company estimates it has a $28.5 trillion total addressable market, with roughly $26.5 trillion expected to come from AI alone.

The sheer size of the offering has already pushed parts of Wall Street to bend some of their rules.

Several major stock market index providers, including Nasdaq and FTSE Russell, have recently changed or adopted fast-entry rules that could allow companies like SpaceX to be added to major indexes much sooner than they normally would.

Once SpaceX is added to these indexes shortly after its IPO, funds that track those indexes may have to buy SpaceX shares. That means regular people could end up with exposure to Musk’s currently unprofitable company, even if they never intentionally bought the stock themselves.

The company is aiming for retail investors to make up about 30% of the offering, well above the roughly 10% typically seen in an IPO.

But not everyone is buying the hype, especially given the company’s current financials. In 2025, SpaceX reported a net loss of $4.9 billion despite generating $18.6 billion in revenue.

S&P Dow Jones Indices announced last week that it is keeping its eligibility rules intact for the S&P 500, the benchmark behind many Americans’ retirement funds, as well as several other major indexes. That means SpaceX will not be fast-tracked into the S&P 500, at least for now.

Morningstar analysts also warned this week that SpaceX may be overvalued at its IPO price. The financial services firm estimated the stock is actually worth about $63 a share, less than half of its $135 IPO price.

The stock is expected to start trading sometime after 10AM on Friday, and it’s probably an understatement to say its first day of price swings will be the most closely watched of all time.

#SpaceX #Hits #Wall #Steet #Biggest #IPO #HistoryAI,SPACEX,Wall Street

range of accessories, but my favorite is the dual battery system. This $850 system isn’t cheap, but it adds another battery to the frame, which ups the range by another 40 miles. If you’re not taking this bike on long rides, it may not be worth the expense, but I appreciated the chance to maximize its range.

The rest of the accessory line focuses on storage. These include a cool in-frame rack, front and rear racks and boxes, and, for the beach bums, a very cool surfboard rack that mounts your board on the side of the bike.

Rough Ride

Image may contain Machine Wheel Spoke Computer Hardware Electronics Hardware Monitor Screen and Escooter

Photograph: Billy Brown

The H/T comes with five levels of pedal assist, but I mostly used the throttle, partly because I’m lazy and partly because the pedal-assist response could be wildly inconsistent. For levels 1 through 3, the pedal assist was smooth; it just felt like a little boost to my pedaling. On levels 4 and 5, however, the bike seemed to jerk forward every time I pressed down on the pedal. It felt more like my bike was leaping forward rather than assisting, to the point that I almost wobbled off the bike the first time I tried level 5. If you’re a chronic pedaler who’s looking for a more traditional cycling experience, this may not be the bike for you.

#Finally #Ebike #Doesnt #Dorkyreviews,review,outdoors,bicycles,shopping,electric bikes,commuter bikes">I Finally Found an Ebike That Doesn’t Look DorkyThe handling at that top speed was excellent. Thanks to the comfortable upright position and frame geometry, cruising along at 28 miles per hour felt smooth and comfortable. Turning at speed and quickly adjusting to avoid a pothole was also easy and smooth, even when I was gunning the throttle. The thrill of riding fast on the H/T comes from the exhilaration of speed, not the fear of losing control.I appreciate that there’s no app to go along with the H/T. It makes hopping on the bike and going for a ride feel much more natural than it does with the app-controlled bikes I’ve tested. The handlebar-mounted screen is also very intuitive and easy to use, and it has a personal passcode for added security. There’s also a USB-C charging port if you decide to get a handlebar mount for your phone. The bike has a front daytime running light that automatically brightens when the sun goes down, two front and rear turn signal lights, and a brake light. The front and rear hydraulic disc brakes are responsive and have excellent stopping power.Add OnsIt’s easy to customize the bike and add utility. Pedal offers a range of accessories, but my favorite is the dual battery system. This 0 system isn’t cheap, but it adds another battery to the frame, which ups the range by another 40 miles. If you’re not taking this bike on long rides, it may not be worth the expense, but I appreciated the chance to maximize its range.The rest of the accessory line focuses on storage. These include a cool in-frame rack, front and rear racks and boxes, and, for the beach bums, a very cool surfboard rack that mounts your board on the side of the bike.Rough RidePhotograph: Billy BrownThe H/T comes with five levels of pedal assist, but I mostly used the throttle, partly because I’m lazy and partly because the pedal-assist response could be wildly inconsistent. For levels 1 through 3, the pedal assist was smooth; it just felt like a little boost to my pedaling. On levels 4 and 5, however, the bike seemed to jerk forward every time I pressed down on the pedal. It felt more like my bike was leaping forward rather than assisting, to the point that I almost wobbled off the bike the first time I tried level 5. If you’re a chronic pedaler who’s looking for a more traditional cycling experience, this may not be the bike for you.#Finally #Ebike #Doesnt #Dorkyreviews,review,outdoors,bicycles,shopping,electric bikes,commuter bikes

, but my favorite is the dual battery system. This $850 system isn’t cheap, but it adds another battery to the frame, which ups the range by another 40 miles. If you’re not taking this bike on long rides, it may not be worth the expense, but I appreciated the chance to maximize its range.

The rest of the accessory line focuses on storage. These include a cool in-frame rack, front and rear racks and boxes, and, for the beach bums, a very cool surfboard rack that mounts your board on the side of the bike.

Rough Ride

Image may contain Machine Wheel Spoke Computer Hardware Electronics Hardware Monitor Screen and Escooter

Photograph: Billy Brown

The H/T comes with five levels of pedal assist, but I mostly used the throttle, partly because I’m lazy and partly because the pedal-assist response could be wildly inconsistent. For levels 1 through 3, the pedal assist was smooth; it just felt like a little boost to my pedaling. On levels 4 and 5, however, the bike seemed to jerk forward every time I pressed down on the pedal. It felt more like my bike was leaping forward rather than assisting, to the point that I almost wobbled off the bike the first time I tried level 5. If you’re a chronic pedaler who’s looking for a more traditional cycling experience, this may not be the bike for you.

#Finally #Ebike #Doesnt #Dorkyreviews,review,outdoors,bicycles,shopping,electric bikes,commuter bikes">I Finally Found an Ebike That Doesn’t Look Dorky

The handling at that top speed was excellent. Thanks to the comfortable upright position and frame geometry, cruising along at 28 miles per hour felt smooth and comfortable. Turning at speed and quickly adjusting to avoid a pothole was also easy and smooth, even when I was gunning the throttle. The thrill of riding fast on the H/T comes from the exhilaration of speed, not the fear of losing control.

I appreciate that there’s no app to go along with the H/T. It makes hopping on the bike and going for a ride feel much more natural than it does with the app-controlled bikes I’ve tested. The handlebar-mounted screen is also very intuitive and easy to use, and it has a personal passcode for added security. There’s also a USB-C charging port if you decide to get a handlebar mount for your phone. The bike has a front daytime running light that automatically brightens when the sun goes down, two front and rear turn signal lights, and a brake light. The front and rear hydraulic disc brakes are responsive and have excellent stopping power.

Add Ons

It’s easy to customize the bike and add utility. Pedal offers a range of accessories, but my favorite is the dual battery system. This $850 system isn’t cheap, but it adds another battery to the frame, which ups the range by another 40 miles. If you’re not taking this bike on long rides, it may not be worth the expense, but I appreciated the chance to maximize its range.

The rest of the accessory line focuses on storage. These include a cool in-frame rack, front and rear racks and boxes, and, for the beach bums, a very cool surfboard rack that mounts your board on the side of the bike.

Rough Ride

Image may contain Machine Wheel Spoke Computer Hardware Electronics Hardware Monitor Screen and Escooter

Photograph: Billy Brown

The H/T comes with five levels of pedal assist, but I mostly used the throttle, partly because I’m lazy and partly because the pedal-assist response could be wildly inconsistent. For levels 1 through 3, the pedal assist was smooth; it just felt like a little boost to my pedaling. On levels 4 and 5, however, the bike seemed to jerk forward every time I pressed down on the pedal. It felt more like my bike was leaping forward rather than assisting, to the point that I almost wobbled off the bike the first time I tried level 5. If you’re a chronic pedaler who’s looking for a more traditional cycling experience, this may not be the bike for you.

#Finally #Ebike #Doesnt #Dorkyreviews,review,outdoors,bicycles,shopping,electric bikes,commuter bikes

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