⏳ Not yet trading — IPO Jun 12, 2026
Fundamentals verified:
NASDAQ IPO Jun 12, 2026

SPCX SpaceX Inc.

IPO Price
$135
IPO Position edit
$10,000
74 shares @ $135
Total Powder edit
$50,000
$40,000 staged after IPO
Est. Total Shares
420
blended ~$119.05/share
Days to IPO
Jun 12, 2026 · Nasdaq

Staggered lockup schedule from the S-1 filing. Musk holds ~42% equity with a personal 366-day lockup — the largest single overhang in IPO history.

Next Up

Core metrics to track each quarter. Starlink is the only profit engine right now.

Position Projections
Scenario Base
Drag to model outcomes
💥 RUD Bear Base Bull 🚀 Ludicrous

Fundamentals last verified: · Data sourced from SpaceX S-1 and Goldman Sachs research · Not financial advice.

Conditions that should trigger deployment of remaining tranches — or cause you to pause.

Bullish Entry
Starlink adds 1M+ subscribers in a quarter
xAI revenue inflection point visible
Starship Mars mission success
Index inclusion forces passive buying
Stock drops 15%+ on macro, not fundamentals
Bearish / Wait
xAI losses accelerate beyond $3B/quarter
Starlink ARPU continues declining below $66
Musk distraction risk (political, Twitter/X)
Competitor LEO constellation gains traction
Earnings miss + guidance cut in Q1 as public co
Macro Triggers
Broad market risk-off selloff
Rate spike compresses growth multiples
Index rebalancing creates forced selling
SpaceX/Tesla merger speculation heats up
Regulatory action on Starlink spectrum
The Musk wildcard

Musk holds 85% of voting power and ~42% of equity with a 366-day lockup. His political visibility, Tesla distraction, and personal decision-making are unmodelable risks. Watch for any stock sale announcements, Tesla merger discussions, or major personal distraction events — each is a potential 10–20% single-day move.

Deployment progress
Blended cost summary

Primary SEC filings, upcoming reporting dates, and key research references.

SEC Filings
📄
Form S-1
Filed May 20, 2026 · Original registration statement
📝
Form S-1/A
Filed Jun 1, 2026 · Most current prospectus · confirms $135 / SPCX
🔔
8-K Current Reports
Earnings announcements, material events — watch this feed
🔍
All EDGAR Filings
CIK 0001181412 · 10-Q, 10-K, 8-K full archive
Upcoming Reporting Dates
Estimated — SpaceX has not yet published an IR calendar. Monitor 8-K feed for official dates.
📊
Q2 2026 · 10-Q
First earnings as a public company · covers Apr–Jun 2026
~Aug 10–18, 2026
45-day new filer window · coincides with Q2 lockup unlock
📊
Q3 2026 · 10-Q
First full public quarter · covers Jul–Sep 2026
~Nov 10–18, 2026
Coincides with major lockup unlock and full expiry window
📋
Q4 / Full Year 2026 · 10-K
First annual report · covers full year 2026
~Feb 2027
60-day filing window post year-end
🔑
Musk 366-Day Lockup Expiry
~42% equity stake eligible — largest single overhang in IPO history
Jun 12, 2027
Market will begin pricing this in weeks before
Key Research & Reference
🚀
SpaceX.com
Official IR + company updates
📈
Finnhub · SPCX
Live quote data source for this tracker
🏛
Proxy & Ownership Filings
DEF 14A, SC 13G · insider & institutional ownership

Not financial advice. Lockup dates estimated from S-1 filing (June 2026). Live price data via Finnhub (free tier) with Yahoo Finance fallback. Fundamentals sourced from SpaceX S-1 and Goldman Sachs research — updated manually each quarter. RUD and Ludicrous cases represent tail-risk scenarios outside standard modelling ranges.