SpaceX
Builds and flies Starship from Starbase, Texas.
Role in each timeline
- Intel Foundry and 18A: From IDM 2.0 to a Government-Owned Stake
Terafab participant alongside xAI and Tesla.
- SpaceX Starship Test Flights: From the First Launch to Orbit
Develops and flies Starship and Super Heavy from Starbase, and holds NASA’s Starship HLS contract.
- Starlink: Twelve Million Subscribers, and What Each One Now Pays
Starlink’s parent company and the public-company reporter of the Connectivity segment.
- SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups
Issuer whose shares, regulatory affiliates, NASA contract, index addition, and Nasdaq-100 weighting were reported.
SpaceX across every timeline
Every dated entry that names SpaceX, from all 4 timelines, newest first. Earlier years show only dates and titles; click a year to show the details.
202673 entries
- SpaceX targets first on-orbit Starship refuelling for early 2027 Announcement
SpaceX said it would attempt on-orbit refuelling early in 2027. The statement described a planned Starship refuelling demonstration.
on SpaceX Starship Test Flights: From the First Launch to Orbit - SpaceX plans to catch both stages on Starship Flight 15 Announcement
SpaceX said it expected Starship Flight 15 to occur in November 2026. The company said it would attempt to catch both the booster and the ship on that flight.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA opens Starbase environmental review for expanded Starship operations Regulatory
The Federal Aviation Administration opened public scoping for a programmatic environmental impact statement covering proposed SpaceX Starship-Super Heavy operations at Starbase. The PEIS will evaluate a maximum capacity of up to 456 annual launches from Starbase and up to 912 annual landings there.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Telecom shares fall after Grain spectrum agreement Report
Reuters reported that T-Mobile shares fell 13.2%, while AT&T and Verizon shares each fell about 10% during the session. Reuters reported that SpaceX shares rose 1.2% in afternoon trading.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - 120-day lockup on certain SpaceX Class B shares expires Update
The stated 120-day lockup period for certain SpaceX Class B common shares ended on October 9, 2026. S&P Capital IQ described the period as beginning on June 11, 2026.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - SpaceX agrees to buy Grain's nationwide 800 MHz spectrum, the capacity direct-to-phone needs Announcement
Grain Management announced a definitive agreement for SpaceX to acquire all of its nationwide 800 MHz spectrum portfolio, valued at about $8 billion by a person Reuters spoke to. Low-band spectrum is what a satellite reaches an ordinary handset with, so this is the direct-to-cell service buying its own capacity rather than renting a carrier's. Telecom shares fell sharply the next session.
on Starlink: Twelve Million Subscribers, and What Each One Now Pays - SpaceX agrees to acquire Grain's 800 MHz spectrum portfolio Announcement
Grain Management announced a definitive agreement for SpaceX to acquire its nationwide 800 MHz spectrum portfolio. Reuters reported that a person familiar with the discussions valued the deal at about $8 billion.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - SpaceX seeks FCC changes to shared-spectrum coordination Regulatory
Bloomberg reported that SpaceX and commercial-space firms sought FCC changes that would remove a third-party coordinator from certain shared wireless-spectrum bands. Boeing and Lockheed Martin use the bands for commercial and military aircraft testing.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - FCC authorizes 15,000-satellite SpaceX direct-to-device system Regulatory
The Federal Communications Commission granted Space Exploration Holdings LLC authority to launch and operate the SpaceX NGSO MSS System. The authorization covers a constellation of 15,000 NGSO satellites for specified satellite, mobile-satellite, direct-to-cell, backhaul, and telemetry services.
on Starlink: Twelve Million Subscribers, and What Each One Now Pays - SpaceX seeks $40 billion in debt to pay for Nvidia chips, with Apollo expected to lead it Report
Reuters, confirming an earlier Financial Times report, said SpaceX was in talks with banks and asset managers to raise $40 billion for an order of Nvidia AI chips, with PIMCO among the managers in talks. The Reuters copy puts the structure at about $10 billion in bank loans and $30 billion in investment-grade debt, with Apollo expected to lead the deal and place the paper. Bloomberg described the discussions as early and said they could end without a deal; none of the companies confirmed it.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - AT&T CEO calls SpaceX mobile strategy not viable Response
AT&T Chief Executive Officer John Stankey told Axios that SpaceX's proposed Starlink-based mobile strategy was not viable. He challenged the economics and technical practicality of adding small cellular base stations alongside Starlink dishes.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - BofA Securities maintains SpaceX Buy rating and $235 target Report
BofA Securities maintained its Buy rating on SpaceX and its $235 price target. Analyst Ronald Epstein cited Flight 14 as progress toward Starship reusability while noting engine-relight issues and an early mission end.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - TD Cowen initiates SpaceX coverage with Buy and $200 target Report
TD Cowen initiated coverage of SpaceX with a Buy rating and a $200 price target. Analyst John Blackledge estimated approximately $8.1 billion in fourth-quarter 2026 AI-compute-leasing revenue and a $41 billion annualized run rate exiting 2026.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Report says Anthropic may pay SpaceX up to $84.5 billion through 2029 Report
Benzinga, citing Reuters and The Information, reported that Anthropic committed to pay SpaceX up to $84.5 billion for Nvidia-powered computing infrastructure through 2029. The report said the agreements generally allow either party to terminate with 90 days' notice.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - The first 26 V3 satellites reach orbit, each rated for a terabit per second Shipment
Starship Flight 14 lifted off from Starbase on 28 September, the vehicle's first mission to reach orbit, and released 26 Starlink V3 satellites about 35 minutes later. SpaceX designs each V3 for 1 terabit per second of capacity, so one launch adds roughly 26 Tbps to the constellation. An earlier July flight had carried V3s on a suborbital path, where they burned up.
on Starlink: Twelve Million Subscribers, and What Each One Now Pays - FAA does not require a formal Flight 14 mishap investigation Regulatory
The Federal Aviation Administration determined that SpaceX did not need to conduct a formal mishap investigation after Flight 14. The determination covered events involving Ship 41 and Super Heavy Booster 21 within the authorized activity scope.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Apparent explosion is reported after Ship 41 splashdown Report
Axios reported that an apparent explosion was visible shortly after Ship 41 splashed down in the Pacific. Axios said SpaceX did not provide a cause for the event.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Flight 14 reaches orbit and deploys 26 Starlink V3 satellites Launch
SpaceX launched Ship 41 and Super Heavy Booster 21 from Starbase on Flight 14, its first attempt to reach orbit. A single Raptor vacuum engine shut down early during the upper stage's ascent burn; Ship 41 burned its remaining five engines longer to reach its planned passively safe suborbital trajectory, then made an orbit-insertion burn and entered orbit, where it deployed 26 Starlink V3 satellites. SpaceX said it limited time on orbit out of caution given the engine issue, performed Starship's first deorbit burn, and splashed down in the northern Pacific; Booster 21, which also lost one Raptor during its initial climb, splashed down in the Gulf of America.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA authorizes Starship Flight 14 launch and reentry operations Regulatory
The Federal Aviation Administration issued license authorization for SpaceX Starship–Super Heavy Flight 14 launch and reentry operations. Aviation Week reported the authorization on September 27.
on SpaceX Starship Test Flights: From the First Launch to Orbit - SpaceX publishes Flight 14 mission objectives Announcement
SpaceX published Flight 14 mission objectives. The objectives included a first orbital insertion maneuver, deployment of 26 Starlink V3 satellites, a single-engine deorbit burn, and a controlled Pacific Ocean splashdown.
on SpaceX Starship Test Flights: From the First Launch to Orbit - SpaceX completes a wet dress rehearsal for Starship Flight 14 Update
SpaceX completed a wet dress rehearsal for its next Starship flight. The rehearsal was conducted before Starship Flight 14.
on SpaceX Starship Test Flights: From the First Launch to Orbit - A SpaceX post-IPO lockup tranche makes shares eligible for sale Update
Up to 328.4 million SpaceX shares became eligible for sale under the staggered post-IPO lockup schedule, a tranche held by early venture investors and employees.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - SpaceX stacks Ship 41 atop Super Heavy Booster 21 for Flight 14 Update
SpaceX assembled a Starship-Super Heavy vehicle on the launch pad at Starbase. Ship 41 was stacked with Super Heavy Booster 21 for Starship Flight 14.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Gwynne Shotwell trades under a Rule 10b5-1 plan Financial
A Form 4 identifies transactions by SpaceX President and COO Gwynne Shotwell as being made under a Rule 10b5-1 trading plan. The filing states that the plan was adopted on June 23, 2026.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - SpaceX is added to S&P Telecom Select Industry Index Report
S&P Capital IQ reported that Space Exploration Technologies Corp. was added to the S&P Telecom Select Industry Index. The report did not state an effective date or constituent weight.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - NASA awards SpaceX three additional Crew Dragon missions Financial
NASA awarded Space Exploration Technologies Corp. three additional crew-transportation missions to the International Space Station through a contract modification. Reuters reported the contract was valued at $946 million and extended crewed flights through 2030.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Flight 14 slips from September 22 to September 28 Announcement
SpaceX moved the target date for Starship Flight 14, the first flight planned to reach orbit, from September 22 to September 28, and gave no reason for the delay. The 75-minute launch window opens at 8:15 a.m. EDT from Starbase, and SpaceX said the attempt remained pending regulatory approval.
on SpaceX Starship Test Flights: From the First Launch to Orbit - SpaceX sets September 22 as Flight 14's earliest launch target Announcement
SpaceX said Starship Flight 14 could launch as early as September 22, pending regulatory approval. Space.com reported that September 22 was the original target date when it updated its coverage on September 17.
on SpaceX Starship Test Flights: From the First Launch to Orbit - MoffettNathanson raises SpaceX target to $142 and keeps Neutral Report
MoffettNathanson analyst Julie Zhu maintained a Neutral rating on SpaceX. The firm raised its price target to $142 from $131.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - FAA lists September 18 primary window for Starship Flight 14 Regulatory
The Federal Aviation Administration operational plan listed a September 18, 2026 primary launch window for Starship Flight 14, with September 19 as backup. Spaceflight Now reported that the mission had been delayed from September 15.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Benzinga reports Vy Capital holds over $41.1 billion of SpaceX Report
Benzinga reported that Vy Capital had accumulated a SpaceX stake worth more than $41.1 billion. The report described the holding as a 3.4% stake.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Valor entities distribute SpaceX shares in kind Financial
Valor-affiliated entities made pro rata in-kind distributions of Space Exploration Technologies Corp. Class A shares without consideration. The distributions were reported in Antonio J. Gracias's Form 4 filing.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Pro forma data indicates higher SpaceX Nasdaq-100 weighting Report
Nasdaq Global Index Watch pro forma data indicated SpaceX’s Nasdaq-100 weighting could rise to about 2.82% from about 1.28%. The reported data was provisional, with a final index weight to be determined later in September.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - SpaceX announces AI-hosting deal worth about $1.11 billion monthly Announcement
SpaceX disclosed a hosting agreement with an unnamed customer that it said would add about $1.11 billion in monthly revenue starting December 1. The company said the agreement would add about $13 billion in annual recurring revenue.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - SpaceX targets 2027 for first orbital-compute satellites Announcement
SpaceX said it was targeting 2027 to fly its first orbital-compute satellites. It said it intended to deploy large amounts of computing capacity in space in 2028 using a modified Starlink satellite design.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - SpaceX says Flight 14 is planned as a revenue-generating mission Announcement
SpaceX CFO Bret Johnsen said Starship Flight 14 was planned as a revenue-generating flight carrying production Starlink V3 satellites to orbit, the first of the programme.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Second lockup tranche: 319 million shares unlock and SPCX falls more than 4 percent Update
On the 90th trading day after the IPO another 319 million shares became eligible for sale, with 59 million more the next day, and the stock dropped more than 4 percent, mirroring the reaction to the August tranche. The next expiries fall on September 24, October 9 and 24 and December 8.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - SpaceX files Texas suit over Terafab tax-incentive records Legal
SpaceX filed a lawsuit in Travis County’s 126th District Court concerning requests for records about Terafab tax incentives. USA Today reported the filing date as September 8, while GuruFocus described SpaceX as initiating the action on September 11.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - FAA publishes notice on expanded Starship contingency reentry operations Regulatory
The Federal Aviation Administration published notice that its final environmental assessment and FONSI/ROD for expanded Starship contingency-reentry operations and an additional Starbase landing trajectory were available. The notice stated that SpaceX must obtain a vehicle-operator-license modification before using additional Pacific Ocean contingency landing areas.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Ship 41 static fires for Flight 14, planned as Starship's first orbital launch; ship catch deferred Announcement
Ship 41 completed a single-engine burn simulating a deorbit and a 60-second six-engine static fire at Massey's, clearing the way for Flight 14 in September, the first mission meant to put Starship into orbit and carry operational Starlink V3 satellites. Musk said a return-to-tower catch of the ship would now come in a few months, so both stages were expected to splash down. A V3 booster catch had not yet been tried. Booster 21 followed with a full-duration 33-engine static fire on the pad on August 28.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Ship 40 reaches sheltered waters off Christmas Island Shipment
SpaceX recovery personnel guided Ship 40 to a location off Christmas Island. The vehicle was awaiting inspection offshore.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Alphabet and Google disclose SpaceX beneficial ownership Regulatory
Alphabet, Google LLC, and XXVI Holdings filed a Schedule 13G concerning SpaceX Class A common stock. The filing identifies Google LLC as the direct holder of 551,189,500 Class A shares.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Cursor acquisition completes Announcement
The Anysphere merger became effective on August 14, with Cursor's common and preferred shares converting into SpaceX Class A stock, two months after signing and inside the third-quarter window SpaceX had given.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Elon Musk reports 6.42 billion Class-A-equivalent SpaceX shares Regulatory
Elon Musk filed a Schedule 13G reporting beneficial ownership of 6,418,547,515 SpaceX shares. The reported position included Class A shares, Class B shares, restricted Class B shares, and options.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Attempt to tow the Flight 13 ship to shore fails in rough seas Report
Two weeks after splashdown SpaceX was still trying to guide the 52-metre ship to port in Western Australia when Musk said recovery was not looking good; the team had already photographed critical parts of the heatshield and engines up close. The ship's survival of the splashdown prompted talk of catching a ship at the tower on a coming flight.
on SpaceX Starship Test Flights: From the First Launch to Orbit - First lockup expiry: 911 million shares unlock and the stock rises 6 percent Update
Two days after the results, the first and largest of the staged lockups released more than 911 million shares, more than doubling the tradable float, as early investors and employees became free to sell. The shares rose more than 6 percent on the day, easing fears of a rush for the exit; further tranches were scheduled for September 9 and 24, October 9 and 24 and December 8.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - American Airlines signs, and Starlink Mobile goes live with SoftBank, NTT Docomo and Spark NZ Announcement
The same release listed what the enterprise growth is made of: a major agreement with American Airlines, service activated on Southwest, Virgin Atlantic, Iberia and Aer Lingus, and new Starlink Mobile partnerships with SoftBank, NTT Docomo and Spark NZ. The carrier deals are the direct-to-phone business arriving through other companies' networks rather than SpaceX's own.
on Starlink: Twelve Million Subscribers, and What Each One Now Pays - Connectivity revenue reaches $4.3 billion a quarter, and the enterprise half grows twice as fast Financial
Connectivity revenue was up 66 percent year over year and 32 percent on the previous quarter. Consumer revenue grew 44 percent and enterprise and government revenue 108 percent, so the half of the business selling to airlines, ships, carriers and governments is compounding at more than twice the consumer rate. Segment income from operations rose 79 percent to $1.7 billion.
on Starlink: Twelve Million Subscribers, and What Each One Now Pays - Starlink passes twelve million subscribers, having doubled in a year while revenue per user fell Financial
SpaceX's first full quarter as a public company put Starlink at 12.0 million subscribers at the end of June, double the 6.0 million a year earlier and 1.7 million more than at the end of March. Average revenue per user held at $66 a month, unchanged from the first quarter and down from $85 a year earlier, both figures from the Connectivity table in the same release. The business is adding cheaper customers faster than the price per customer falls, which is the question this page exists to follow.
on Starlink: Twelve Million Subscribers, and What Each One Now Pays - Connectivity becomes a reported segment, so Starlink's numbers now arrive on a schedule Report
SpaceX's first quarterly report as a listed company set out three segments — Space, Connectivity and AI — with Connectivity defined as the Starlink broadband network and its consumer, enterprise and government customers. Before the June 2026 listing, Starlink's subscriber and revenue figures were whatever the company chose to say in public; from this filing on they arrive quarterly.
on Starlink: Twelve Million Subscribers, and What Each One Now Pays - First results as a public company: revenue up 92 percent to $7.8 billion, capex above $10 billion, stock down 8 percent Financial
Second-quarter revenue rose 92 percent to $7.8 billion, with Connectivity (Starlink) at $4.3 billion, AI at $2.6 billion and Space at $962 million; the net loss narrowed to $541 million and adjusted EBITDA reached $3.5 billion. SpaceX cited two Starship V3 flights in the quarter and $14.1 billion of contracted cloud-services agreements, but capital spending above $10 billion sent the shares down about 8 percent after hours.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Flight 13: first real Starlink V3 satellites deployed; Starship splashes down and stays intact Launch
On the third attempt after an engine-ignition abort on July 16 and a weather scrub, the second V3 flight deployed 20 Starlink V3 satellites that SpaceX contacted over radio and laser links before they reentered, relit a Raptor in space, and brought the ship through reentry to a soft splashdown that left it floating intact, giving the first close look at a flown heatshield. The booster completed a 33-engine boostback for the first time on V3 but only some engines relit for landing and it was lost.
on SpaceX Starship Test Flights: From the First Launch to Orbit - NASA specifies V3 lander test article for Artemis III Announcement
NASA said the 2027 Artemis III Earth-orbit demonstration would use a Starship Version 3 lander test article with a nose docking system. The test would evaluate Orion and Starship interactions during rendezvous and docking operations.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA closes the Flight 12 booster mishap investigation, clearing Flight 13 Regulatory
On May 27 the FAA had determined that the loss of the Super Heavy booster on its return during Flight 12 was a mishap requiring an investigation. On July 13 it accepted SpaceX's final report, which identified heat effects on propulsion components and engine-alarm settings as probable causes, and said SpaceX could proceed with Flight 13 once licensing requirements were met.
on SpaceX Starship Test Flights: From the First Launch to Orbit - SpaceX enters the Nasdaq-100 Update
SPCX joined the index at the open with its capitalization counted at three times its $75 billion raw float, for an index weight of about 1 percent, unleashing the wave of passive buying that had been anticipated since the fast-track announcement.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - SpaceX acquires Mesh Optical Technologies Corporation Update
SpaceX acquired Mesh Optical Technologies Corporation on July 6, 2026. The acquisition was made under a merger agreement dated May 29, 2026.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Nasdaq fast-tracks SpaceX into the Nasdaq-100 from July 7, fifteen trading days after listing Regulatory
Using a new fast-entry rule for very large listings, Nasdaq announced that SPCX would join the Nasdaq-100 before the open on July 7 with a weight under 1 percent, letting QQQ and other index funds buy after the July 6 close. JPMorgan estimated about $4.3 billion of passive demand; SpaceX had already entered the CRSP total-market index five days after the IPO.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - First bond deal: $25 billion of senior notes across five maturities Financial
Eleven days after the IPO, SpaceX priced an inaugural $25 billion investment-grade bond offering: $7 billion due 2031 at 5.35 percent, $6 billion due 2033, $6 billion due 2036, $2.5 billion due 2046 and $3.5 billion due 2056, unsecured and ranking equally with its other senior debt, to fund Starship, Starlink and AI data-center spending.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - The stock peaks at $225.64, up 67 percent from the offer price, then slides for three sessions Financial
With a small float, index buying ahead and retail demand, SPCX reached an intraday high of $225.64 on its third trading day, briefly passing Amazon and Microsoft by market value, before falling back below $200 within days. Former Nasdaq chief Robert Greifeld said it was not trading on fundamentals; SpaceX had listed at roughly 100 times sales.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Four days after listing, SpaceX agrees to buy Cursor maker Anysphere in an all-stock deal reported at $60 billion Announcement
SpaceX signed a merger agreement to acquire Anysphere, the company behind the Cursor AI coding tool, with each Cursor share converting into SpaceX Class A stock at a ratio set by SpaceX's average price in the seven trading days before closing. Reports put the value at about $60 billion, the largest purchase of a venture-backed startup, exercising an option SpaceX had taken in April.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - IPO closes with the full greenshoe, 638.9 million shares; Musk floats $1 trillion of revenue by 2030 Financial
The offering closed on June 15 with the underwriters exercising their full option for another 83.3 million shares, taking the total sold to 638,888,888 at $135, about $86 billion. Over the weekend Musk posted that SpaceX 'might be able to reach approximately' $1 trillion in revenue in 2030, against $18.7 billion in 2025, and the stock rose another 20 percent in its first full session.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Debut: opens at $150, closes at $161, market value above $2 trillion Launch
Gwynne Shotwell rang the Nasdaq opening bell and SPCX opened at $150, 11 percent above the offer price, and finished its first session at $161, up 19 percent, giving SpaceX a market capitalization above $2 trillion, more than Amazon or Microsoft on the day.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Priced: 555.6 million shares at $135, $75 billion, the largest IPO in history Launch
SpaceX priced its offering at a fixed $135 a share with no bookbuilding range, selling 555,555,555 Class A shares for $75 billion before the underwriters' option, and listing on both Nasdaq and the new Nasdaq Texas exchange. The final prospectus reserved up to five percent of the shares for employees and people named by executives, and kept board control with Musk.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Institutional investors urge SpaceX to reconsider IPO governance provisions Response
The Council of Institutional Investors and 16 member organizations urged SpaceX to reconsider proposed IPO governance provisions. The letter requested a meeting with the company and its advisers.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Flight 12: Starship V3, Raptor 3 and Pad 2 debut; the ship completes its mission, the booster is lost Launch
The first V3 stack launched from the new Pad 2 at 5:30 p.m. CT. The booster lost one Raptor 3 on ascent, could not light all engines for its boostback burn and hit the Gulf hard. Starship lost a vacuum engine but reached its trajectory, deployed 20 Starlink simulators plus two modified Starlink satellites that photographed it in space, stressed its rear flaps and banked on reentry, and landed in the Indian Ocean on two engines.
on SpaceX Starship Test Flights: From the First Launch to Orbit - The S-1 goes public: ticker SPCX on Nasdaq, Goldman Sachs leading, Starlink and AI numbers disclosed Regulatory
SpaceX's public registration statement set up a Nasdaq listing under SPCX with Goldman Sachs as lead-left underwriter followed by Morgan Stanley, Bank of America, Citigroup and JPMorgan, and for the first time showed the company's financials: 2025 revenue of $18.7 billion, billions in losses driven by Starship and the xAI business, and Musk's control through Class B shares carrying more than 80 percent of the voting power.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - SpaceX completes a five-for-one stock split Update
SpaceX effected a five-for-one split of its Class A, Class B, and Class C common stock. Its financial statements were retrospectively recast to reflect the split.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Intel joins the Terafab project Announcement
Intel announced it had joined the Terafab project alongside SpaceX, xAI and Tesla. An Intel filing later described Intel as a strategic Terafab partner.
on Intel Foundry and 18A: From IDM 2.0 to a Government-Owned Stake - SpaceX files confidentially for its IPO Report
Bloomberg, then CNBC's David Faber, reported that SpaceX had submitted a confidential draft registration to the SEC, with a valuation target reported at more than $1.75 trillion and a June listing in view. The confidential route let the company negotiate the prospectus with the SEC before going public with its numbers.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - NASA OIG reports at least two-year HLS development delay Report
NASA's Office of Inspector General reported that SpaceX's Artemis III Starship development had been delayed at least two years since the July 2021 contract award. The report identified vehicle-to-vehicle cryogenic-propellant transfer as a major HLS milestone.
on SpaceX Starship Test Flights: From the First Launch to Orbit - NASA reshapes Artemis: a 2027 Earth-orbit mission to test landers with Orion, Moon landing moves to Artemis IV in 2028 Announcement
NASA added a crewed mission in 2027 in which Orion will dock in low Earth orbit with one or both commercial landers, SpaceX's Starship and Blue Origin's Blue Moon, and test lunar spacesuits, and moved the first landing to Artemis IV in 2028. Administrator Jared Isaacman framed it as raising mission cadence and standardising the vehicle configuration. The change ties Starship's near-term orbital and refuelling tests directly to NASA's schedule.
on SpaceX Starship Test Flights: From the First Launch to Orbit - SpaceX absorbs xAI, Grok and X in an all-stock deal valuing the combination at $1.25 trillion Announcement
Four months before listing, Musk folded his AI company xAI, with the Grok models and the X social network, into SpaceX in what CNBC called the largest private merger ever, at $1 trillion for SpaceX and $250 billion for xAI. The deal put an AI business, and its losses and data-center spending, into the company that would go public.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Musk is granted 1 billion restricted Class B shares that vest on market-cap milestones up to $7.5 trillion and a million-person Mars colony Financial
Five months before the IPO, SpaceX granted Elon Musk 1 billion performance-based restricted Class B shares as long-term incentive pay. According to Musk's later Schedule 13G, they vest in 15 equal tranches as SpaceX's market capitalization rises from $500 billion to $7.5 trillion in $500 billion steps, and on the company establishing a permanent human colony on Mars with at least one million inhabitants, subject to his continued employment. SEC staff questioned the disclosure during the IPO review.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups
202516 entries
- $800 billion insider sale, and a company memo confirms IPO preparations for 2026 Announcement
An insider share sale at $421 a share valued SpaceX at about $800 billion, past OpenAI's $500 billion record for a private company, and a company message seen by Bloomberg said SpaceX was preparing for a possible 2026 offering to fund an 'insane flight rate' for Starship, AI data centers in space and a moon base.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Bloomberg: SpaceX plans a 2026 IPO raising more than $30 billion at about $1.5 trillion Report
The first detailed report of an IPO plan said SpaceX aimed to list in mid-to-late 2026 and raise well above $30 billion at a valuation near $1.5 trillion, which would make it the largest listing ever. Musk had long said Starlink might be spun out instead; the plan now covered the whole company.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Flight 11: the last Block 2 Starship and first-generation booster fly a clean mission Launch
The final flight of the second-generation ship and the original booster, and the last from the old Pad 1 configuration, met every objective: a reused booster tested the landing-burn profile planned for the next-generation vehicle, Starship deployed eight Starlink simulators, relit a Raptor, flew a banking manoeuvre to mimic a return to Starbase and splashed down in the Indian Ocean. Attention turned to the V3 vehicles intended for orbital flights, payloads and propellant transfer.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Flight 10: every objective met, first payload deployment and a second in-space relight Launch
After three straight ship losses, the tenth flight deployed eight Starlink simulators from the payload bay, relit a Raptor in space, stressed the heatshield on reentry and splashed down softly in the Indian Ocean. The booster, flown without a catch attempt, tested an engine-out landing burn by shutting down a centre engine and using a backup, then hovered and splashed down in the Gulf. The FAA reopened airspace within ten minutes.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA clears Flight 10 after Flight 9 investigation Regulatory
The FAA closed the Flight 9 mishap investigation and stated that SpaceX could proceed with Flight 10 launch operations. The regulator identified failure of a fuel component as the probable cause of the Starship loss.
on SpaceX Starship Test Flights: From the First Launch to Orbit - New share sale at $400 billion Report
SpaceX moved to sell new shares to insiders at about $400 billion, a $212-a-share price that would later look small, as Starlink revenue and Starship spending both climbed.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Ship 36 explodes on the test stand at Starbase while loading propellant for a static fire Report
The ship assigned to Flight 10 was destroyed at about 11 p.m. CT during propellant loading for a six-engine static fire, damaging the Massey's test site. SpaceX identified the most probable cause as undetected damage to a nitrogen composite pressure vessel in the payload bay, and responded by lowering COPV operating pressure, adding inspections and proof tests, new acceptance criteria and protective covers. Flight 10 slipped to late August with a different ship.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA closes Flight 8 mishap investigation Regulatory
The FAA closed the Flight 8 mishap investigation after accepting eight corrective actions. The final report attributed the Starship loss to a Raptor hardware failure that caused propellant mixing and ignition.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA opens Flight 9 investigation for Starship loss Regulatory
The FAA required a mishap investigation focused on the Flight 9 Starship loss. It treated the Super Heavy loss as a test-induced-damage exception.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Flight 9: first reflown Super Heavy; the booster breaks up in its landing burn and Starship tumbles before reentry Launch
The booster from Flight 7 flew again, the first reuse in the programme, completed a full ascent and a high angle-of-attack descent experiment, then broke up shortly after starting its landing burn over the Gulf. Starship reached space but its payload door would not open, an attitude control failure cancelled the engine relight, and the ship entered the atmosphere out of control and was lost about 46 minutes in. SpaceX later traced the ship failure to a fuel tank pressurisation diffuser and the booster loss to loads on the fuel transfer tube.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA authorizes Flight 9 before Flight 8 closure Regulatory
The FAA issued a Starship return-to-flight determination and authorized Flight 9 for launch. The Flight 8 investigation had not yet been formally closed.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA environmental approval lets SpaceX launch Starship from Starbase 25 times a year Regulatory
The FAA's final tiered environmental assessment found that raising the Starbase launch cadence from five to 25 a year, with up to 25 landings of each stage, would not significantly affect the human environment, so no environmental impact statement was needed. Up to three launches could be at night, with night landings only offshore. The decision matched a draft issued the previous November.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA closes Flight 7 mishap investigation Regulatory
The FAA closed the Flight 7 mishap investigation and accepted 11 SpaceX corrective actions. The final report attributed the Starship loss to flight vibrations that stressed and failed propulsion-system hardware.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Flight 8: third booster catch, Starship lost again after an engine bay event Launch
Super Heavy was caught for the third time, but before the end of its ascent burn Starship suffered an energetic event in its aft section that took out several Raptors, followed by loss of attitude control and contact about nine and a half minutes in. Debris fell over the Bahamas and the FAA briefly held flights at Florida airports. It was the second consecutive loss of a Block 2 ship, and the FAA again required an investigation.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA lets Starship return to flight while the Flight 7 investigation stays open, and licenses Flight 8 Regulatory
After a safety review the FAA determined Starship could return to flight operations while the mishap investigation into the January 16 loss of the Flight 7 ship remained open, and the same day issued a licence modification for Flight 8, covering a Super Heavy tower catch attempt and a Starship water landing in the Indian Ocean. The pattern of flying before an investigation formally closed recurred on later flights.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Flight 7: second booster catch, but the upgraded Starship is lost and debris falls over Turks and Caicos Launch
The first flight of the redesigned Block 2 ship ended after about eight and a half minutes when a fire in the aft section caused the vehicle to break apart, with debris visible from the Turks and Caicos Islands and airliners diverted. The booster was caught by the tower for the second time. SpaceX opened an investigation with the FAA and set up a debris hotline; the FAA required a mishap investigation before the next flight.
on SpaceX Starship Test Flights: From the First Launch to Orbit
- Dec 12, 2025$800 billion insider sale, and a company memo confirms IPO preparations for 2026
- Dec 9, 2025Bloomberg: SpaceX plans a 2026 IPO raising more than $30 billion at about $1.5 trillion
- Oct 13, 2025Flight 11: the last Block 2 Starship and first-generation booster fly a clean mission
- Aug 26, 2025Flight 10: every objective met, first payload deployment and a second in-space relight
- Aug 15, 2025FAA clears Flight 10 after Flight 9 investigation
- Jul 8, 2025New share sale at $400 billion
- Jun 18, 2025Ship 36 explodes on the test stand at Starbase while loading propellant for a static fire
- Jun 12, 2025FAA closes Flight 8 mishap investigation
- May 30, 2025FAA opens Flight 9 investigation for Starship loss
- May 27, 2025Flight 9: first reflown Super Heavy; the booster breaks up in its landing burn and Starship tumbles before reentry
- May 22, 2025FAA authorizes Flight 9 before Flight 8 closure
- May 6, 2025FAA environmental approval lets SpaceX launch Starship from Starbase 25 times a year
- Mar 28, 2025FAA closes Flight 7 mishap investigation
- Mar 6, 2025Flight 8: third booster catch, Starship lost again after an engine bay event
- Feb 26, 2025FAA lets Starship return to flight while the Flight 7 investigation stays open, and licenses Flight 8
- Jan 16, 2025Flight 7: second booster catch, but the upgraded Starship is lost and debris falls over Turks and Caicos
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- Tender offer talks value SpaceX at about $350 billion Report
Bloomberg reported that SpaceX was discussing an insider share sale at roughly $350 billion, up from $210 billion a year earlier, making it the most valuable private company in the United States. The periodic tender offers, which let employees and early investors sell to outside funds, were how SpaceX's price was set before it went public.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups - Flight 6: catch aborted by tower health checks, first in-space Raptor relight, daylight splashdown Launch
Automated health checks on the launch and catch tower aborted the second catch attempt, so the booster diverted to a soft splashdown in the Gulf. Starship reignited a Raptor engine in space for the first time, a prerequisite for deorbit burns on orbital missions, flew a more aggressive angle of attack through the subsonic phase and splashed down in the Indian Ocean in daylight. President-elect Trump watched the launch with Musk at Starbase.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Flight 5: the launch tower catches the Super Heavy booster on the first attempt Launch
On its first try SpaceX brought Super Heavy back to Starbase and caught it in mid-air with the tower's chopstick arms, after thousands of vehicle and pad criteria were met. Starship flew its planned trajectory, reentered and splashed down on target in the Indian Ocean one hour, five minutes and forty seconds after launch. The flight had waited on an FAA licence that SpaceX had publicly complained was delayed by environmental reviews.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Flight 4: both stages survive to soft splashdowns; Starship lives through reentry with a burning flap Launch
The fourth flight was the first in which both stages completed their missions: Super Heavy performed a landing burn and soft splashdown in the Gulf seven and a half minutes in, and Starship came through peak heating with a visibly damaged forward flap, kept control, flipped, lit its three centre engines and splashed down in the Indian Ocean an hour and six minutes after launch.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA permits Starship return during Flight 3 investigation Regulatory
The FAA determined Starship could return to flight operations while the Flight 3 investigation remained open. The determination remained subject to other license requirements.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Flight 3: Starship completes its ascent burn, opens the payload door and reenters for the first time before breaking up Launch
The third flight put Starship on its planned near-orbital trajectory for the first time, opened and closed the payload door and ran an internal propellant transfer demonstration, though the planned in-space Raptor relight was skipped because of roll rates. The booster lit several engines for its first landing burn before breaking up at about 462 m. Starship's first entry from space, streamed live over Starlink, ended with loss of signal about 49 minutes into the flight. NASA said the propellant transfer demonstration operations, a milestone under the Artemis lander contract, were completed and the joint team was reviewing the data.
on SpaceX Starship Test Flights: From the First Launch to Orbit - SpaceX reincorporates from Delaware to Texas Regulatory
SpaceX reincorporated as a Texas corporation on February 14, 2024. It had been incorporated as a Delaware corporation.
on SpaceX Goes Public: From the $350 Billion Tender Offer to the Largest IPO Ever and the Lockups
- Dec 3, 2024Tender offer talks value SpaceX at about $350 billion
- Nov 19, 2024Flight 6: catch aborted by tower health checks, first in-space Raptor relight, daylight splashdown
- Oct 13, 2024Flight 5: the launch tower catches the Super Heavy booster on the first attempt
- Jun 6, 2024Flight 4: both stages survive to soft splashdowns; Starship lives through reentry with a burning flap
- May 24, 2024FAA permits Starship return during Flight 3 investigation
- Mar 14, 2024Flight 3: Starship completes its ascent burn, opens the payload door and reenters for the first time before breaking up
- Feb 14, 2024SpaceX reincorporates from Delaware to Texas
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- Flight 2: all 33 engines burn to staging, hot-staging works, both stages are lost Launch
On the second flight all 33 Raptors ran through a full-duration ascent for the first time, the new hot-staging separation succeeded, and the ship reached about 150 km and 24,000 km/h, the first Starship in space. The booster broke up during its boostback burn about three and a half minutes in, and the ship's flight ended when telemetry was lost near the end of its burn after more than eight minutes, with the flight termination system triggered. The new water-cooled flame deflector protected the pad.
on SpaceX Starship Test Flights: From the First Launch to Orbit - FAA closes the Flight 1 mishap investigation with 63 corrective actions before a second launch Regulatory
The FAA said SpaceX must implement every corrective action affecting public safety and obtain a licence modification before flying again; the actions included hardware redesigns to prevent leaks and fires, a more robust launch pad, extra design reviews, more testing of the autonomous flight safety system and tighter change control. SpaceX, which had already stacked Ship 25 on Booster 9, said it had built a hot-staging separation system and electric thrust vector control for the next flight. The licence came on November 15.
on SpaceX Starship Test Flights: From the First Launch to Orbit - Flight 1: the first integrated Starship clears the pad, loses engines, tumbles and is destroyed after four minutes Launch
The first full stack lifted off from Starbase at 8:33 a.m. CT and reached about 39 km before multiple Raptor engines failed, the stages never separated, the vehicle began to tumble and the flight termination system was commanded on both stages. The launch also tore up the concrete under the pad and scattered debris, which fed the FAA investigation that followed.
on SpaceX Starship Test Flights: From the First Launch to Orbit
- Nov 18, 2023Flight 2: all 33 engines burn to staging, hot-staging works, both stages are lost
- Sep 8, 2023FAA closes the Flight 1 mishap investigation with 63 corrective actions before a second launch
- Apr 20, 2023Flight 1: the first integrated Starship clears the pad, loses engines, tumbles and is destroyed after four minutes
20221 entry
- FAA completes Starbase environmental review Regulatory
The FAA published its Final Programmatic Environmental Assessment for Starship/Super Heavy operations at Boca Chica. It issued a mitigated Finding of No Significant Impact/Record of Decision and required mitigation measures for future licenses or permits.
on SpaceX Starship Test Flights: From the First Launch to Orbit
- Jun 13, 2022FAA completes Starbase environmental review
20211 entry
- NASA picks Starship as the Artemis lunar lander in a $2.89 billion contract Announcement
NASA chose a Starship derivative over bids from Blue Origin and Dynetics to land the next astronauts on the Moon, a firm fixed-price award covering an uncrewed demonstration landing and a crewed landing at the lunar south pole. The design depends on refuelling Starship in Earth orbit with liquid oxygen and methane, and SpaceX agreed to self-fund more than half of development. It is the reason NASA's Moon schedule now rides on the Starship test campaign.
on SpaceX Starship Test Flights: From the First Launch to Orbit