SpaceX
#2 on Setter30 -1 Most recent: Q1 2026SpaceX (Space Exploration Technologies Corp.) is an American aerospace, satellite communications and AI company founded in 2002 by Elon Musk. It builds and flies the Falcon 9, Falcon Heavy and Starship launch vehicles and Dragon spacecraft, and operates the Starlink broadband constellation. After absorbing Musk's xAI and the X platform in a February 2026 all-stock merger, it reports three segments: Space, Connectivity and AI. Headquartered at Starbase, Texas, with manufacturing in Hawthorne, California, it employed over 22,000 people as of March 2026. It listed on Nasdaq as SPCX in June 2026 in the largest IPO ever.
Public Company
SpaceX is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2002
Employees
10,000+
Total Funding
$57.33B
36 rounds
Last Private Valuation
$800B
Dec 13, 2025
Secondary Signals (Note: SetterVC does not verify the accuracy of these)
4 signalsReportedly in early talks for ~$40B of debt - about $10B of bank loans plus $30B of investment-grade notes, led by Apollo - to fund an Nvidia AI chip order
Among the largest AI-infrastructure debt financings if completed; no SEC filing yet and talks could end without a deal
Priced record $75B IPO at $135/share (Nasdaq: SPCX), ~$1.8T valuation at pricing; opened trading June 12
Now publicly traded; private secondary pricing superseded by market price
Set insider share deal at ~$800B valuation with employee/investor tender at $421/share, nearly double July's $212
Re-anchors secondary pricing sharply higher; precursor to 2026 IPO
PM Insights tracks SpaceX secondary valuation; pricing aligns with $800B insider deal anchor
Composite secondary pricing aligns with tender anchor
Setter30 Ranking
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Rounds in grey italics are unconfirmed.
Total raised $57.33B across 36 rounds
Last updated 10-08-2026
Valuation Trajectory
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series F
$12B
Jan 2015
SpaceX today
$800B
Dec 2025 · latest mark
SpaceX multiple
66.7x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Leadership
Elon Musk
Founder, Chief Executive Officer, Chief Technical Officer & Chairman
Gwynne Shotwell
President & Chief Operating Officer
Bret Johnsen
Chief Financial Officer
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Blue Origin
Commercial space launch and suborbital tourism provider.
United Launch Alliance (ULA)
Joint venture providing Atlas and Delta launch vehicles for government and commercial missions.
Rocket Lab
Small-lift launch provider (RKLB public), specializes in rapid, low-cost satellite delivery.
Arianespace
European launch provider offering Ariane and Vega rocket families.
Relativity Space
Developing 3D-printed rockets for rapid manufacturing and deployment.
Stoke Space
Developing fully reusable spaceplane technology for point-to-point cargo delivery.
SpaceX Investment FAQ
SpaceX FAQ
SpaceX is public. Its registration statement was declared effective on June 11, 2026 and the IPO priced that day at $135.00 per Class A share; the stock began trading on Nasdaq and Nasdaq Texas under the ticker SPCX on June 12, 2026. The base deal of 555.6 million shares raised $75.0 billion; with the underwriters' over-allotment fully exercised the company sold 638.9 million shares for roughly $86.25 billion gross and $85.675 billion net of $575 million of commissions and offering costs (Form 10-Q filed August 4, 2026) — the largest IPO in history, at an IPO-price valuation of roughly $1.77 trillion. SPCX opened at $150 and closed its first session near $161 (+19%), peaked at a $211.39 closing high on June 16, gave the gains back to around $115-$126 in early August after first-quarter-as-a-public-company results, then recovered through September to close at $150.86 on September 30, 2026, a market capitalisation near $2.0 trillion. On June 22-26, 2026 SpaceX launched, priced and settled its inaugural bond issuance: $25.0 billion of senior unsecured notes sold under Rule 144A and Regulation S in five tranches ($7.0B 5.350% due 2031, $6.0B 5.650% due 2033, $6.0B 5.875% due 2036, $2.5B 6.600% due 2046, $3.5B 6.650% due 2056), the proceeds of which repaid its $20 billion pre-IPO bridge facility in full. Its first post-IPO results, for the second quarter of 2026 reported August 4, showed revenue of $7.81 billion (up 92% year over year across the Space, Connectivity and AI segments) and a $541 million net loss, with $18.4 billion of capital expenditures. On August 14, 2026 SpaceX completed its all-stock acquisition of Anysphere, Inc., maker of the Cursor AI coding tool, issuing 389,289,254 Class A shares at an implied Cursor equity value of $60.0 billion under a merger agreement signed June 16, 2026; Cursor is a wholly owned subsidiary and is being folded into SpaceX's AI business. A staggered schedule of post-IPO lock-up releases ran through the third quarter of 2026 and continues into December 2026, steadily enlarging the tradable float.
SpaceX shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
SpaceX had a valuation of approximately $800B at the time of its public offering. Current market capitalization fluctuates with the share price.
SpaceX raised $57.33B across 36 disclosed funding rounds prior to its public listing.
SpaceX was founded by Elon Musk in 2002.
SpaceX is headquartered in Starbase, Texas, United States.
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