SpaceX Lockups Test the Post-IPO Valuation Surge
Thursday, June 18, 2026 · 8 min

SpaceX IPO investors are staring down upcoming lockup releases after a $135-a-share debut valued near $1.77 trillion, sharpening the question of how much of the stock’s surge rests on Starlink cash flows versus Starship optionality.
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Show notes
SpaceX IPO investors are staring down upcoming lockup releases after a $135-a-share debut valued near $1.77 trillion, sharpening the question of how much of the stock’s surge rests on Starlink cash flows versus Starship optionality.
In this episode
- SpaceX IPO Priced at $135: What It Means for Investors | The Motley Fool — Geoffrey Seiler
# 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…
- Step Back — When SpaceX is talked about as a $350 billion company or a $135-a-share IPO, what are investors actually valuing — Starlink’s profits, rocket-launch dominance, future Starship bets, or something else entirely?
Background sources
- SpaceX: What Investors Need to Know About Its Enormous Upcoming IPO | Morningstar — Nicolas Owens
- SpaceX IPO bets $2-trillion on Musk’s ambitious rockets-to-AI vision - The Globe and Mail — Theglobeandmail
- SpaceX math checked for US$1.75 trillion valuation — Bnnbloomberg
- Revisiting the SpaceX Valuation: A Post-Prospectus Update! — Aswath Damodaran
- SpaceX, the largest IPO … but what exactly are you buying? | Zelos Investment Counsel — Zelos Capital
- SpaceX Tender Offer Could Value Company at $350 Billion — Bloomberg Technology
# SpaceX Tender Offer Could Value Company at $350 Billion ## Bloomberg Technology 728000 subscribers 93 likes ### Description 8414 views Posted: 3 Dec 2024 SpaceX is in talks to sell insider shares in a transaction valuing the rocket and satellite maker at about $350 billion, according to people familiar with the matter. Katie Roof reports. -------- Like this video? Subscribe to Bloomberg…