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SpaceX is now publicly listed on Nasdaq. This legacy page is kept for historical private-market reference. Check public filings and the live exchange for current price and ticker.

SpaceX

Falcon, Starship and Starlink.

SpaceUnited States·Founded 2002·ISO/NSO equity·spacex.com ↗

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Source-audited Jun 12, 2026

No longer a private company

SpaceX has exited the private market — see the notice above for the public ticker or acquisition terms. Our 4-method private valuation no longer applies, so we don't show a secondary-market estimate here. The funding history and data below remain for reference.

IPO pricing: $1,770.0B · Nasdaq SPCX · 2026-06-12

IPO / listing valuation

$800B

Secondary sale · 7mo ago

Public listing reference

$1,770.0B

IPO pricing · Nasdaq SPCX · 2026-06

Headcount

16,000

employees · LinkedIn+19%

LinkedIn count — directional proxy only. Historical figure sourced via Wayback Machine; treat ±15% as normal variance.

Revenue (est.)

$15.5B

annual run rate · est.

Complete company data

Every input we use, where we got it from, and how much we trust it.

✓

Source verification: CNBC / Bloomberg Jun 2026 — IPO listed Nasdaq SPCX · manual-source-audit-2026-06

Field	Value	Source & Verification	Confidence
Company fundamentals
Sector	Space	Editorial classification	high
Headquarters	United States	Company website · Crunchbase	high
Founded	2002	Company website · Wikipedia	high
Website	spacex.com	Direct	high
IPO / listing valuation
Post-money valuation	$800B	CNBC / Bloomberg Jun 2026 ↗[source-audited Jun 2026]	high
Round name	Secondary sale	CNBC / Bloomberg Jun 2026 ↗	high
Date	2025-12-13 (7 months ago)	CNBC / Bloomberg Jun 2026	high
Lead investor	Internal	CNBC / Bloomberg Jun 2026	high
Amount raised	Not disclosed	CNBC / Bloomberg Jun 2026 ↗	medium
Capitalization
Total fully-diluted shares	1,372.549M	Derived/estimated — SEC Form D filings, secondary price math, cap-table summaries[estimated — not authoritative] › notes Public total fully-diluted share count: estimated from SEC Form D filings, secondary-market pricing math (implied valuation ÷ price per share), and leaked cap-table summaries. Considered the lowest-confidence input.	low
Historical implied share price (private-market model)	$721	$990.1B anchor × 1000 ÷ 1372.54902M shares[derived]	medium
Primary equity type granted	ISO/NSO	Public reports of company equity practices	high
Financials
Annual revenue (est.)	$15,500M	Estimated — best available public estimates (Sacra, The Information, company ARR disclosures, press reports)[estimated — not independently verified] › notes Annual revenue: best public estimates from Sacra, The Information, WSJ leaks, or company-stated ARR. Where official, we cite the source on the funding round.	medium
EV / Revenue (implied)	51.6x	Computed from valuation ÷ revenue[derived]	medium
Headcount
Employees (now)	16,000	LinkedIn — current company page count › notes Headcount: LinkedIn 'Company' page employee count, taken now and approximately 12 months ago via the Wayback Machine. Treat as a directional proxy for revenue growth, not a hard number.	medium
Employees (12 months ago)	13,500	LinkedIn company page — historical snapshot via Wayback Machine[estimated — ±15% directional proxy]	medium
12-month headcount growth	+19%	Computed[derived]	medium
Methodology inputs
Sector ETF proxy	UFO	Editorial choice — most representative public ETF › notes Sector ETF: editorial choice of the most representative public-market proxy. Annual return: 3-year trailing average from Yahoo Finance, refreshed quarterly.	medium
ETF annual return (trailing 3-yr)	14%	Yahoo Finance · refreshed quarterly	medium

Funding history

Primary rounds reported in Bloomberg, WSJ, TechCrunch, Reuters, or SEC Form D filings (efts.sec.gov). Linked per round below.

Valuation progression (equity rounds)

Valuation progression · equity rounds

$1.8Tlatest · IPO (Nasdaq: SPCX)

Total growth

12×

Historical model ref.

$990B

Primary round

Down round

Historical model ref.

IPO (Nasdaq: SPCX)+42%2026-06-12

$1,770.0B

Led by Public markets · raised $75.0B

Source: CNBC / Bloomberg Jun 2026 ↗

xAI merger (combined entity ref.)+56%2026-02-02

$1,250.0B

Led by —

Source: Bloomberg / Fortune Feb 2026 ↗

Secondary sale+95%2025-12-13

$800.0B

Led by Internal

Source: Fortune Dec 2025(historical ref.)

Employee Tender+17%2025-07-01

$410.0B

Led by Internal

Source: WSJ Jul 2025(historical ref.)

Employee Tender+67%2025-01-15

$350.0B

Led by Internal

Source: Bloomberg Jan 2025(historical ref.)

Employee Tender+40%2024-06-01

$210.0B

Led by Internal

Source: WSJ(historical ref.)

Employee Tender2023-06-01

$150.0B

Led by Internal

Source: Reuters(historical ref.)

Secondary market signals

Historical secondary market data for reference. This company has exited the private market.

IPO completed — equity now publicly traded

IPO valuation: $1,770.0B

Exchange: Nasdaq · Ticker: SPCX

Date: 2026-06-12

Source: CNBC / Bloomberg Jun 2026

Secondary market monitoring (Hiive/Forge) is only relevant for privately-held equity. For current market value, check the public ticker or deal terms above.

Public peer comparables

Public peer comparables: editorial selection of public companies with the closest business model. EV/Revenue and growth from public 10-Q filings and Bloomberg, refreshed quarterly.

Ticker	Company	EV / Revenue	Revenue growth	As of
KTOS	Kratos Defense & Security Solut	6.61x	+23%	2026-07-01
LMT	Lockheed Martin Corporation	1.56x	+0%	2026-07-01
NOC	Northrop Grumman Corporation	1.71x	+4%	2026-07-01
RKLB	Rocket Lab Corporation	93.46x	+64%	2026-07-01
RTX	RTX Corporation	2.83x	+9%	2026-07-01

Typical strike prices by cohort

Strike ranges by cohort: aggregated from Glassdoor, Teamblind threads, Carta's published industry data and reports from employees. Indicative only — your actual 409A at grant time is the only authoritative number.

2021 cohort

$28–$45

per share

2022 cohort

$55–$75

per share

2023 cohort

$77–$95

per share

2024 cohort

$110–$135

per share

2025 cohort

$175–$215

per share

Confidence breakdown

Historical private-market model output — shown for reference only. This company has exited the private market; the 4-method estimate below no longer represents current market value.

The numbers below reflect what our private-market model would have estimated before the exit event. They are shown for historical context only and should not be used as current equity values.

Method A — Peer-multiple

weight 25%→ $857.6B75% confidence

Growth-weighted peer EV/Revenue: 61.5x → 10% private-company discount → 55.3x on $15500M revenue

Method B — Secondary-implied

weight 45%→ $1,475.0B55% confidence

Recency-weighted average of 1 verified secondary indications (180-day decay)

Method C — Primary time-decay

weight 20%→ $972.8B74% confidence

$800B round (2025-12-13) × 1.25× growth × 0.97× multiple decay over 0.6 years

Method D — Sector momentum

weight 10%→ $859.9B52% confidence

$800B × (1 + 14% p.j.)^0.6yr = $859.9B via UFO ETF-proxy

Overall confidence

64%

Weighted average of the four methods. Above 60% is high, 35–60% medium, below 35% low.

High

Historical equity model (legacy reference)

Historical private-market calculation for context only. If you hold legacy equity in this company, check the public ticker or deal terms — not this model.

Private-market scenarios disabled

This company is no longer private. Private-market scenario modelling does not apply. Use public filings, broker statements, or exchange data for current equity value.

Transparent assumptions

What we assumed where exact data isn't available. If any of these don't match your situation, the numbers above will be off.

Fully-diluted share count

1372.54902M shares

We don't have authoritative cap-table access for private companies. The number above is reconstructed from SEC Form D filings, secondary-market price-vs-valuation math, and leaked share-class summaries. Actual fully-diluted count (including unvested option pool and SAFEs) may differ by 5–15%.

Common-stock waterfall

1.0× to common

We assume a clean common-stock outcome — i.e. preferred-share liquidation preferences and ratchets do not extract value before common. In a down-exit, this assumption can be very wrong: preferred stack can take 30–70% of proceeds.

Private-company illiquidity discount

10% off public peers

Applied to Method A (peer-multiple). Per-company because category leaders with deep secondary markets and a clear IPO path warrant a smaller discount than early-stage names. The literature range is 10–35%; for SpaceX we use 10% based on secondary-market depth, valuation history, and proximity to liquidity.

Revenue growth assumption (Method C)

50% YoY

Compounded forward from the last primary date to today to estimate the company's value drift. Set per-company based on disclosed or reported ARR trajectory. Method C is further capped at 1.3× the most recent secondary trade (if any) to stop runaway extrapolation when revenue growth outpaces what the market is actually paying.

Sector ETF momentum (Method D)

UFO @ 14%/year

Method D applies the trailing return of UFO as a market-proxy adjustment to the primary valuation. Crude — meant as a tiebreaker when peer and secondary data conflict, not as a primary signal.

Outlier auto-downweight

Methods >50% from median get ½ weight

Robust-statistics safety net: any method whose output strays more than 50% from the median of the other three methods has its confidence weight halved when computing the blended mid-point. Prevents a single bad extrapolation from dragging the headline.

Recency decay for secondary trades

180-day half-life (e⁻ᵈ/¹⁸⁰)

A trade from 30 days ago counts ~5× more than one from 180 days ago. Tunable; some platforms use shorter half-lives.

Tax estimate

US federal only, single filer

Uses 2024 US federal brackets, ignoring state tax, NIIT, AMT credit recovery, and any other deductions. Treat as a directional sanity check, not a tax bill.

All data from public sources. Not investment, tax, or legal advice. Not affiliated with SpaceX. Last refreshed manually — see methodology for our update cadence.