SpaceX’s IPO Euphoria Meets the Starlink Math
Monday, June 15, 2026 · 10 min

SpaceX IPO closed its first trading day up 19%, lifting the company above $2 trillion, while Starlink ARPU pressure and governance warnings complicate the bull case behind the record $75 billion raise.
Listen
Show notes
SpaceX IPO closed its first trading day up 19%, lifting the company above $2 trillion, while Starlink ARPU pressure and governance warnings complicate the bull case behind the record $75 billion raise.
In this episode
- Musk’s SpaceX prices record $75 billion IPO at $135 a share | Quews News — Reuters
# Exclusive: SpaceX plans to set IPO price at $135 per share, targeting record $75 billion raise, source says | Reuters [Skip to main content](https://www.reuters.com/business/media-telecom/spacex-plans-raise-75-billion-ipo-135-per-share-source-says-2026-06-03#main-content) [Exclusive news, data and analytics for financial market professionals Learn more about…
- Starlink growth is getting harder ahead of SpaceX IPO - TNW — The Next Web
[Skip to content](#main) * [Next Featured](/next-featured) # Starlink is SpaceX’s cash machine, but the maths is getting harder Subscribers doubled in Q1. Revenue per user fell by a quarter. With the largest IPO in history days away, the tension between growth and profitability is becoming impossible to ignore. [Skip to…
- [PDF] SpaceX - IPO Letter - Office of the New York State Comptroller — Office of the New York State Comptroller
May 13, 2026 Elon Musk Chief Executive Officer, Chief Technology Officer, and Chair Gwynne Shotwell President and Chief Operating Officer Bret Johnsen Chief Financial Officer SpaceX 1 Rocket Road Hawthorne, CA 90250 Dear Mr. Musk, Ms. Shotwell, and Mr. Johnsen: We write as the Trustee of the New York State Common Retirement Fund, the investment adviser, custodian, and a trustee of the five New…
- SpaceX IPO: A timeline and the implications that go well ... - YouTube — Channel NewsAsia
# SpaceX IPO: A timeline and the implications that go well beyond Wall Street ## CNA 3180000 subscribers 16 likes ### Description 723 views Posted: 12 Jun 2026 SpaceX on Thursday (Jun 11) priced the biggest-ever US initial public offering at US$135 per share, making Elon Musk’s rocket and spacecraft manufacturer one of the world’s most valuable companies. Musk founded SpaceX in 2002 but has for…