SpaceX, or Space Exploration Technologies Corp., founded in 2002, is an American space technology company and a dominant launch provider. It designs, manufactures, and launches advanced rockets and spacecraft, including the Falcon 9, Falcon Heavy, Dragon spacecraft, and Starship. SpaceX partners with organizations like NASA and the United States Armed Forces and is known for its advancements in reusable launch vehicles, human spaceflight, and satellite constellation technology like Starlink. Key words: launch provider, reusable rockets, space exploration, Starlink, Falcon, Dragon, Starship, NASA.
All verified mentions of this organization in source documents.
SpaceX’s stock rose 30% on its first trading day.
KGI Securities rates SpaceX stock as Outperform and has a target price of $227 per share.
Elon Musk’s personal wealth is expected to be well north of $1 trillion based on SpaceX’s share price.
Oppenheimer rates SpaceX stock as Outperform and has a target price of $190 per share.
SpaceX added 83.33 million shares at $135 per share for underwriters to market to investors.
SpaceX reached a valuation of $2.3 trillion.
SpaceX’s stock listing is trading on NASDAQ.
SpaceX is expected to raise roughly $75 billion in fresh capital from the IPO.
Gwynne Shotwell said SpaceX will put its first advanced artificial intelligence satellites, called AI1, into orbit at the end of 2027.
The Italian Space Agency has an agreement with SpaceX to transport Italian experiments on the first Starship missions to Mars.
SpaceX’s IPO included 70% of the shares for institutional investors and 30% for retail investors.
SpaceX had $102.094 billion in assets at the end of the first quarter of 2026.
SpaceX’s artificial intelligence business recorded $6.355 billion in losses in 2025.
SpaceX generated $4.694 billion in revenue in the first quarter of 2026.
Elizabeth Warren criticized the U.S. Securities and Exchange Commission for approving SpaceX’s listing.
SpaceX’s listing was the largest IPO in history at the time of the debut.
SpaceX deployed 29 Starlink satellites.
Starlink was expected to generate between $15.9 billion and $18.7 billion of SpaceX’s 2026 revenue.
SpaceX generated $18.674 billion in revenue in 2025.
SpaceX’s 2025 revenue was 33% higher than in 2024.