SpaceX has entered Nasdaq with a historic IPO that valued the company at nearly $1.8 trillion. The issue price was fixed at $135 per share, raising about $75 billion through 555.6 million shares. The listing appeared under the symbol SPCX.
Investor demand was extraordinary, with oversubscription touching 400% and bids crossing $250 billion. Retail investors received 30% of the allocation, much higher than usual. Early signals suggested the stock could open around $175, which is 30% above the IPO price.
For Indian investors, this listing offers new opportunities. Shares can be bought through international trading platforms under the Liberalised Remittance Scheme or indirectly via ETFs holding SpaceX. US markets open at 7 pm IST, with first trades expected between 9–11 pm IST. However, IPO shares were not directly available to Indian investors; they can only invest once open trading begins.
Funds raised will support Starship rocket development and expansion of AI infrastructure. Elon Musk continues to hold strong control with 82.4% voting rights. While excitement is high, experts caution that the $1.8 trillion valuation may be difficult to justify, especially since SpaceX reported losses of $4.9 billion in 2025.
