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Jun 12, 2026 12:00 PM

SpaceX IPO: First Indicative Price At $174 Per Share

Space Exploration Technologies Corp. (NASDAQ:SPCX) is indicating an opening price of $174 per share Friday morning, according to data compiled by the Benzinga Pro platform, as the most anticipated public offering in history begins trading on the Nasdaq Global Select Market. That’s a nearly 29% premium to its $135 IPO price.

SPCX stock will begin trading today. See the lastest developments here.

Indicative Opening Price

The $174 figure reflects a process called price indication, in which the exchange’s designated market maker publishes a real-time Indicative Opening Price, or IOP, derived from live order book demand before the first trade executes.

The IOP updates continuously until the opening bell triggers an actual transaction, with hours likely until the stock is ready to trade.

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