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SpaceX IPO Aftermath: Stock slump, lockup release and CME futures launch
Space Exploration Technologies Corp. (SpaceX) went public on 12 June 2026, raising about $75 billion and valuing the company at roughly $1.7‑2 trillion. The IPO price was $135 per share, but the stock has since fallen 48‑49%, trading around $115‑118 per share.
Around 911.5 million previously locked‑up shares will become tradable on 6 August 2026, worth roughly $116 billion, and the company’s first quarterly report as a public firm is scheduled for 4 August 2026. Analysts are divided on the outlook; HSBC gave the stock a Hold rating with a $115 target price, while other analysts note mixed results from the most recent Starship test flight.
CME Group announced plans to launch single‑stock futures for SpaceX and more than 50 other US equities on 27 July 2026, pending regulatory approval. Meanwhile, crypto‑derivatives venue Hyperliquid listed an equity perpetual contract that tracked SpaceX shares, enabling a $14 million leveraged short position.
Entities
CME Group · CME Group Inc. · Elon Musk · HSBC Holdings plc · Hyperliquid · Space Exploration Technologies Corp. · Space Exploration Technologies Corp. (SpaceX) · Starlink
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The IPO gave SpaceX a market valuation of roughly $1.8‑2 trillion. bitfinanzas.com · www.finanzen.net
- [○ 1 SOURCE] A Starship test flight from Texas was delayed due to weather, adding pressure on SpaceX's stock.
- [● 2 SOURCES] CME Group plans to launch single‑stock futures for over 50 U.S. stocks, including SpaceX, on July 27 2026 pending approval. cryptobriefing.com · fortune.com
- [● 2 SOURCES] HSBC started coverage of SpaceX with a Hold rating and a $115 price target. www.it-boltwise.de
- [● 4 SOURCES] SpaceX's IPO price was $135 per share. bitfinanzas.com · www.elperiodico.digital · www.kapitalmarktexperten.de
- [● 3 SOURCES] SpaceX shares fell to around $118, below the IPO price. bitfinanzas.com · www.fool.com
- [○ 1 SOURCE] Hyperliquid listed an equity perpetual future that tracked SpaceX shares, enabling a $14 million leveraged short. crypto.news
- [○ 1 SOURCE] SpaceX's valuation briefly matched Amazon's at about $2 trillion despite much lower revenue. www.finanzen.net
- [● 2 SOURCES] Around 911.5 million locked‑up shares will become tradable on 6 August 2026, valued at about $116 billion. www.kapitalmarktexperten.de · bitfinanzas.com
- [● 2 SOURCES] SpaceX's first quarterly report as a public company is scheduled for 4 August 2026. www.kapitalmarktexperten.de · bitfinanzas.com
- [○ 1 SOURCE] SpaceX completed its IPO on 12 June 2026, raising about $75 billion and valuing the company at roughly $1.7‑2 trillion. www.fool.com