Key Facts about SpaceX’s IPO and Recent Performance
SpaceX (NASDAQ: SPCX), launched its IPO at $135 per share in June 2026, experiencing a rapid increase to a high of $225.64 shortly afterward. However, the stock has since fallen back to its IPO price as of now.
In its second-quarter earnings, SpaceX reported a striking revenue growth of 92% year-over-year, reaching $7.8 billion, largely driven by its AI segment. This rebound follows a significant slowdown in growth, which decreased from 100% in 2022 to just 18% in 2025. Additionally, recent agreements, including a $920 million per month contract with Google for access to 110,000 Nvidia GPUs, further strengthen the company’s prospects.
While SpaceX is positioning itself within the AI infrastructure market, concerns about its long-term viability remain. With capital expenditures totaling $18.4 billion in Q2 alone, questions arise about sustaining high growth rates and potential competition from established tech giants.
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