{"id":1072,"date":"2026-06-11T20:40:00","date_gmt":"2026-06-11T20:40:00","guid":{"rendered":"https:\/\/trustedmovinggroups.com\/?p=1072"},"modified":"2026-06-11T20:40:00","modified_gmt":"2026-06-11T20:40:00","slug":"spacex-locks-in-ipo-price-of-135-making-it-largest-stock-debut-ever","status":"publish","type":"post","link":"https:\/\/trustedmovinggroups.com\/?p=1072","title":{"rendered":"SpaceX locks in IPO price of $135, making it largest stock debut ever"},"content":{"rendered":"
\n

SpaceX on Thursday set its at $135, the last stage in a long-running process to bring Elon Musk\u2019s space and AI conglomerate public. <\/p>\n

Read more CDC and Florida at odds over hantavirus cruise ship passenger\u2019s quarantine<\/a><\/p>\n

The company, which also owns the X social media network, at a valuation of $1.77 trillion. The initial public offering, which could be a referendum on Musk himself, is also going to be the latest major test of red-hot demand for the artificial intelligence boom. <\/p>\n

<\/div>\n

It could also test the mechanics of the market itself. When Facebook\u2019s massive IPO debuted on the Nasdaq exchange in 2012, technical glitches delayed its opening. SpaceX will also trade on the Nasdaq and is set to be three times larger than the prior largest IPO on record.<\/p>\n

But the implications of this IPO stretch far beyond the opening trade.<\/p>\n

For years, SpaceX was largely accessible only to venture capital firms, institutional investors and a small group of private shareholders. Now, ordinary investors will have their first chance to buy into one of the most closely watched companies in the world.<\/p>\n

\u201cThe world will get its arms around and understand what we\u2019ve been able to follow for a number of years now,\u201d said Dan Hanson, senior portfolio manager at Neuberger Berman, whose fund invested in SpaceX while it was still private.<\/p>\n

<\/div>\n

Hanson said investors should think of SpaceX not just as a rocket company, but as a combination of its launch business, Starlink satellite internet network and artificial intelligence ambitions. <\/p>\n

\u201cThis team is just getting started,\u201d he said. \u201cThere\u2019s a significant opportunity for them to create value as they execute.\u201d<\/p>\n

Not everyone agrees. Even before its debut, some have doubted if the offering is pushing the bounds of reality. <\/p>\n

Analysts at Morningstar wrote last week that they believe the company is \u201covervalued\u201d given its financials. <\/p>\n

SpaceX had been aiming to go public at a value of more than $2 trillion, however that has since been trimmed to about $1.7 trillion. For context, the company has yet to generate a profit and produced roughly $19 billion in revenue last year. <\/p>\n

\u201cWe value SpaceX at $780 billion,\u201d the analysts wrote. <\/p>\n

<\/div>\n

\u201cWith a small initial float boosted by almost every investment bank on the planet, buoyant investor appetite for AI infrastructure bids, and an unprecedented path to inclusion in the Nasdaq 100 Index just 15 trading days after the IPO, we expect SpaceX\u2019s share price will likely survive separation and even ascent toward orbit, at least for a time,\u201d the authors continued. <\/p>\n

A company\u2019s \u201cfloat\u201d is how many of its shares are made available to buy by the public.<\/p>\n

And unlike most major IPOs, SpaceX is expected to reserve an unusually large portion of those shares for individual retail investors.<\/p>\n

The company is targeting roughly 30% retail participation, compared with closer to 10% in a typical IPO.<\/p>\n

\u201c30% is actually quite high,\u201d said Edward Best, co-chair of the capital markets practice at Willkie Farr & Gallagher.<\/p>\n

\u201cI imagine [part] of this was Elon Musk,\u201d Best said. \u201cA lot of individuals just believe in the aura or the mystique of Elon Musk and want to participate.\u201d<\/p>\n

Read more SpaceX\u2019s PAC doubles down on Republicans ahead of historic IPO and midterms<\/a><\/p>\n

<\/div>\n

Not everyone who wants shares will get them. Demand for the offering is expected to far exceed the number of shares available, meaning many investors could receive only a fraction of the stock they request \u2014 or none at all. That\u2019s a common feature of highly anticipated IPOs.<\/p>\n

But most investors might not even need to actively participate. Recent changes made by major stock exchanges like the New York Stock Exchange (NYSE) and the Nasdaq mean newly public companies can be added to passive index funds such as the S&P 500 and the Nasdaq 100 almost immediately.<\/p>\n

That means trillions of dollars of retirement savings and pensions could end up buying into these companies despite the overarching questions around their financials. <\/p>\n

\u201cIt\u2019s been a little bit of a manufactured drama around this idea of index inclusion,\u201d Hanson said, arguing that any company valued as much as SpaceX \u201cshould rightfully be in public market indexes.\u201d <\/p>\n

\u201cIt may be volatile,\u201d he admitted. \u201c[But] that\u2019s the beauty of an index, where it\u2019s very highly diversified,\u201d meaning lots of different companies exist within the fund and can therefore offset those more volatile names. <\/p>\n

Still, others have criticized the fast-tracked timelines, especially since it\u2019s not just SpaceX. Fellow AI giants Anthropic \u2014 the maker of the Claude chatbot \u2014 and OpenAI, the parent company of ChatGPT, will also go public this year. <\/p>\n

<\/div>\n

Keith Snyder, senior equity analyst at CFRA research, said companies once needed to be \u201cvery stable\u201d and \u201ca bellwether\u201d to be included in the major indexes.<\/p>\n

\u201cAnd these companies are about as far from stable as you can get,\u201d he said of the upcoming IPOs. \u201cThey\u2019re bleeding cash at ridiculous rates.\u201d<\/p>\n

But that hasn\u2019t stopped the demand. Taken together, the public debuts could help define the next chapter of the IPO market, which has yet to fully recover from the slowdown that followed the Federal Reserve\u2019s aggressive interest rate hiking campaign beginning in 2022.<\/p>\n

\u201cThis will be a \u2018top-heavy\u2019 IPO boom,\u201d Matt Kennedy, senior strategist at Renaissance Capital, wrote in an email response to NBC News. \u201cJust one of these mega-IPOs \u2014 SpaceX, OpenAI, or Anthropic \u2014 could raise more money than every other deal, combined.\u201d<\/p>\n

He estimates SpaceX alone is expected to raise more money than all U.S. IPOs in 2024 and 2025 combined.<\/p>\n

That could push 2026 into the record books, though Kennedy cautions the strength is concentrated among a small group of companies.<\/p>\n

<\/div>\n

\u201cA few sectors are on fire, but the IPO recovery is still fairly narrow,\u201d he said.<\/p>\n

The distinction is important. While investor enthusiasm for AI has fueled demand for a handful of marquee offerings, many startups are still struggling to bridge the gap between the valuations they want and what public investors are willing to pay.<\/p>\n

Read more Trump nominates Jay Clayton as Director of National Intelligence<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

SpaceX on Thursday set its final IPO price at $135, the last stage in a long-running process to bring Elon Musk\u2019s space and AI conglomerate public.<\/p>\n","protected":false},"author":1,"featured_media":1071,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"yoast_head":"\nSpaceX locks in IPO price of $135, making it largest stock debut ever - Trusted Moving Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trustedmovinggroups.com\/?p=1072\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SpaceX locks in IPO price of $135, making it largest stock debut ever - Trusted Moving Group\" \/>\n<meta property=\"og:description\" content=\"SpaceX on Thursday set its final IPO price at $135, the last stage in a long-running process to bring Elon Musk\u2019s space and AI conglomerate public.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trustedmovinggroups.com\/?p=1072\" \/>\n<meta property=\"og:site_name\" content=\"Trusted Moving Group\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-11T20:40:00+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/#\\\/schema\\\/person\\\/98cd83efb686ecde03e082abca618eaa\"},\"headline\":\"SpaceX locks in IPO price of $135, making it largest stock debut ever\",\"datePublished\":\"2026-06-11T20:40:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072\"},\"wordCount\":1015,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/trustedmovinggroups.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/3289c523e7aa3e17e502c673c592d820.webp\",\"articleSection\":[\"Artificial intelligence\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072\",\"url\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072\",\"name\":\"SpaceX locks in IPO price of $135, making it largest stock debut ever - Trusted Moving Group\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/trustedmovinggroups.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/3289c523e7aa3e17e502c673c592d820.webp\",\"datePublished\":\"2026-06-11T20:40:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/#\\\/schema\\\/person\\\/98cd83efb686ecde03e082abca618eaa\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072#primaryimage\",\"url\":\"https:\\\/\\\/trustedmovinggroups.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/3289c523e7aa3e17e502c673c592d820.webp\",\"contentUrl\":\"https:\\\/\\\/trustedmovinggroups.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/3289c523e7aa3e17e502c673c592d820.webp\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?p=1072#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/trustedmovinggroups.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SpaceX locks in IPO price of $135, making it largest stock debut ever\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/#website\",\"url\":\"https:\\\/\\\/trustedmovinggroups.com\\\/\",\"name\":\"Trusted Moving Group\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/trustedmovinggroups.com\\\/#\\\/schema\\\/person\\\/98cd83efb686ecde03e082abca618eaa\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/trustedmovinggroups.com\"],\"url\":\"https:\\\/\\\/trustedmovinggroups.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SpaceX locks in IPO price of $135, making it largest stock debut ever - Trusted Moving Group","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trustedmovinggroups.com\/?p=1072","og_locale":"en_US","og_type":"article","og_title":"SpaceX locks in IPO price of $135, making it largest stock debut ever - Trusted Moving Group","og_description":"SpaceX on Thursday set its final IPO price at $135, the last stage in a long-running process to bring Elon Musk\u2019s space and AI conglomerate public.","og_url":"https:\/\/trustedmovinggroups.com\/?p=1072","og_site_name":"Trusted Moving Group","article_published_time":"2026-06-11T20:40:00+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/trustedmovinggroups.com\/?p=1072#article","isPartOf":{"@id":"https:\/\/trustedmovinggroups.com\/?p=1072"},"author":{"name":"admin","@id":"https:\/\/trustedmovinggroups.com\/#\/schema\/person\/98cd83efb686ecde03e082abca618eaa"},"headline":"SpaceX locks in IPO price of $135, making it largest stock debut ever","datePublished":"2026-06-11T20:40:00+00:00","mainEntityOfPage":{"@id":"https:\/\/trustedmovinggroups.com\/?p=1072"},"wordCount":1015,"commentCount":0,"image":{"@id":"https:\/\/trustedmovinggroups.com\/?p=1072#primaryimage"},"thumbnailUrl":"https:\/\/trustedmovinggroups.com\/wp-content\/uploads\/2026\/06\/3289c523e7aa3e17e502c673c592d820.webp","articleSection":["Artificial intelligence"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/trustedmovinggroups.com\/?p=1072#respond"]}]},{"@type":"WebPage","@id":"https:\/\/trustedmovinggroups.com\/?p=1072","url":"https:\/\/trustedmovinggroups.com\/?p=1072","name":"SpaceX locks in IPO price of $135, making it largest stock debut ever - Trusted Moving Group","isPartOf":{"@id":"https:\/\/trustedmovinggroups.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trustedmovinggroups.com\/?p=1072#primaryimage"},"image":{"@id":"https:\/\/trustedmovinggroups.com\/?p=1072#primaryimage"},"thumbnailUrl":"https:\/\/trustedmovinggroups.com\/wp-content\/uploads\/2026\/06\/3289c523e7aa3e17e502c673c592d820.webp","datePublished":"2026-06-11T20:40:00+00:00","author":{"@id":"https:\/\/trustedmovinggroups.com\/#\/schema\/person\/98cd83efb686ecde03e082abca618eaa"},"breadcrumb":{"@id":"https:\/\/trustedmovinggroups.com\/?p=1072#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trustedmovinggroups.com\/?p=1072"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trustedmovinggroups.com\/?p=1072#primaryimage","url":"https:\/\/trustedmovinggroups.com\/wp-content\/uploads\/2026\/06\/3289c523e7aa3e17e502c673c592d820.webp","contentUrl":"https:\/\/trustedmovinggroups.com\/wp-content\/uploads\/2026\/06\/3289c523e7aa3e17e502c673c592d820.webp","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/trustedmovinggroups.com\/?p=1072#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trustedmovinggroups.com\/"},{"@type":"ListItem","position":2,"name":"SpaceX locks in IPO price of $135, making it largest stock debut ever"}]},{"@type":"WebSite","@id":"https:\/\/trustedmovinggroups.com\/#website","url":"https:\/\/trustedmovinggroups.com\/","name":"Trusted Moving Group","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trustedmovinggroups.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/trustedmovinggroups.com\/#\/schema\/person\/98cd83efb686ecde03e082abca618eaa","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/trustedmovinggroups.com"],"url":"https:\/\/trustedmovinggroups.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/trustedmovinggroups.com\/index.php?rest_route=\/wp\/v2\/posts\/1072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trustedmovinggroups.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trustedmovinggroups.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trustedmovinggroups.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trustedmovinggroups.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1072"}],"version-history":[{"count":0,"href":"https:\/\/trustedmovinggroups.com\/index.php?rest_route=\/wp\/v2\/posts\/1072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trustedmovinggroups.com\/index.php?rest_route=\/wp\/v2\/media\/1071"}],"wp:attachment":[{"href":"https:\/\/trustedmovinggroups.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trustedmovinggroups.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trustedmovinggroups.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}