$SPCX Currently, SpaceX has not officially listed on the secondary market, so there is no final "public offering price." However, based on the latest secondary market trading data and IPO preparation information as of April 2026, you can refer to the following key price dimensions:

## 1. Secondary Market Trading Price (Current Reference Price)
On private equity trading platforms (such as Forge Global, Hiive), SpaceX's stock trading is very active. As of **April 24, 2026**:
* **Estimated Pricing:** approximately **$615.42 - $660.96** per share.
* **Latest Increase:** Compared to around $118 at the beginning of 2025, the stock price has increased by over 500% in the past year. This is mainly due to the profitability release of Starlink and the expected merger with xAI.
## 2. IPO Expected Pricing
According to IPO roadshow drafts leaked by investment banks (such as Morgan Stanley), SpaceX's pricing logic when going public in June 2026 is as follows:
* **Estimated Issue Range:** The market generally expects the final IPO price to fall between **$700 - $850**.
* **Total Share Dilution:** Since the company may perform a stock split to lower retail entry barriers, the actual per-share price at listing might be adjusted to a more "affordable" level (for example, after a split, around $100 ), but the current logical pricing still anchors above a $2 trillion total valuation.
## 3. Historical Capital Increase Price Review
You can observe the speed of its valuation explosion through the following historical pricing trajectory:
| Time | Transaction Type | Per Share Price ( PPS ) | Company Valuation |
|---|---|---|---|
| **June 2024** | Secondary Market Trading | approximately $112 | $210 billion |
| **December 2025** | Internal Share Transfer ( Tender Offer ) | **$421.00** | $800 billion |
| **February 2026** | Strategic Merger ( xAI Merger ) | **$5,265.90** ( Note: This is the pre-merger old share conversion price ) | $1.25 trillion |
| **April 2026** | **Current Market Price ( Forge/Hiive )** | **$615 - $660** | **~$1.5 - $2 trillion** |
### ⚠️ Investor Tips:
1. **Stock Split Possibility:** Elon Musk has hinted on social media that, to make it easier for Starlink supporters and SpaceX employees to hold shares, a **1:10 or 1:50 stock split** is highly likely before listing. If a split occurs, the per-share price you see will drop significantly, but the total value held remains unchanged.
2. **Retail Quota:** The rumored “30% retail quota” might be allocated through platforms like Fidelity or Robinhood. It is recommended to pay attention to IPO subscription channels on these platforms.
If you want to get an early position via the secondary market (Pre-IPO), around **$650** is a relatively core betting price. Are you considering subscribing through private platforms, or waiting for the official listing in June?