SpaceX Shares Expected to Open 29% Above IPO Price in Nasdaq Debut
SpaceX shares are expected to begin trading around $171 on Nasdaq, nearly 29% above the company’s IPO price of $135 per share.
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SpaceX shares are expected to begin trading around $171 on Nasdaq, nearly 29% above the company’s IPO price of $135 per share.
SpaceX is pitching investors on a vertically integrated AI strategy spanning chips, data centers and even compute satellites in orbit, bankrolled by Starlink’s profits.
SpaceX is a space, satellite connectivity, and AI company that acquired xAI effective February 2, 2026, bringing Grok, X, and AI infrastructure under SpaceX.
SpaceX has acquired Elon Musk’s AI company xAI, combining rockets, satellites, and artificial intelligence into a vertically integrated effort aimed at scaling AI compute beyond Earth.
Elon Musk’s SpaceX and xAI are in talks about a possible merger, according to a Reuters report. The move could consolidate Musk’s AI, satellite, and launch businesses ahead of a potential SpaceX IPO.
Elon Musk affirms SpaceX plans a 2026 IPO, with commercial Starlink driving revenue and AI infrastructure influencing the timing of the public offering.