Key facts
- SpaceX has launched its initial public offering.
- SpaceX's IPO valuation exceeds $2 trillion.
- Elon Musk is expected to become the world's first trillionaire.
- SpaceX is focusing on space exploration and artificial intelligence.
- SpaceX secured investment-grade credit ratings from Moody's, Fitch, and S&P Global.
- SpaceX shares have fallen from their peak valuation.
- SpaceX is exploring a potential $20 billion bond offering.
- The bond offering aims to refinance a $20 billion bridge loan.
- SPCX stock has dipped 9%.
- SpaceX options began trading on June 16, 2026.
- Nippon Life Insurance may gain up to $3 billion from its SpaceX stake.
- Tesla Inc. stock has fallen following the SpaceX IPO news.
SpaceX has launched its initial public offering (IPO) with a valuation exceeding $2 trillion, a move that could make Elon Musk the world's first trillionaire. The company is focusing its efforts on space exploration and artificial intelligence, despite not yet achieving profitability. Following this milestone IPO, SpaceX has secured investment-grade credit ratings from major agencies including Moody's, Fitch, and S&P Global. However, the company's shares have experienced a sharp decline from their peak valuation.
Amidst these developments, SpaceX is reportedly preparing for a potential bond offering of at least $20 billion, with bankers expected to discuss the deal with investors as early as next week. The proceeds from this bond sale would be used to refinance a $20 billion bridge loan that the company took out earlier this year. This exploration of a significant bond sale comes as SPCX stock has dipped 9%, with investors showing caution due to rising debt levels and prevailing market conditions. The trading of SpaceX (SPCX) options began on June 16, 2026, following its IPO on June 12, 2026. Record volume has been observed in these options, fueled by substantial retail interest and extreme implied volatility, leading traders to adopt defined-risk strategies to manage costs and potential losses.
Early investors are poised for significant returns. Nippon Life Insurance, Japan's largest life insurer, stands to gain up to $3 billion from its decade-old stake in SpaceX, acquired through a venture capital fund. This investment highlights the substantial profits generated from early bets on the space exploration and AI company. In related market movements, Tesla Inc. stock is expected to finish the trading week lower, a decline that follows the announcement of SpaceX's public debut last Friday. The market is closely monitoring the impact of SpaceX's IPO on Tesla's performance.