Title: Is it possible to purchase stock in Elon Musk’s SpaceX?

Starting next week, the public will have the opportunity to invest in SpaceX, the Texas-based aerospace firm led by Elon Musk. The company, which aims to establish a human presence on Mars and deploy artificial intelligence data centers in orbit, is preparing for what is projected to be the largest initial public offering (IPO) in history. This move will position SpaceX among the ten most valuable publicly traded companies in the United States. However, prospective buyers should consider what exactly they are acquiring and the associated risks.

Currently, SpaceX remains a private entity owned by Musk and other investors. On June 12, millions of new shares will be offered for sale, marking the beginning of its public trading on the stock market. The IPO is designed to raise at least $75 billion, providing investors with access to a conglomerate involved in space exploration, satellite communications, social media platform X, and the controversial AI chatbot Grok. Although SpaceX is distinct from Musk’s electric vehicle manufacturer, Tesla, industry speculation suggests a potential merger between the two entities next year.

Musk intends to utilize the capital raised to expand existing operations and finance ambitious new projects, including asteroid mining, Mars colonization, and orbital AI infrastructure. The company’s sales prospectus, written in a science-fiction tone, argues that humanity must avoid a "dinosaur-like extinction" and prepare for a space-based "age of abundance." It posits that the "light of consciousness" should not be confined to a single planet. While many remain skeptical about the feasibility of these goals, supporters argue that Musk has previously overcome significant doubt. If the share sale proceeds as planned, it could elevate Musk to the status of a trillionaire.

SpaceX shares will be listed on the Nasdaq, a market known for its technology focus. While major global investment institutions are expected to participate, individual investors, including those in the UK, will also be able to purchase shares through specific brokers and investment platforms. The company has announced that over 550 million shares are available, with a target offering price of $135 (£100) per share. Investors must determine if they believe this valuation is justified. Once trading begins, share prices may fluctuate rapidly based on market perceptions of whether the initial price was accurate.

Even those who do not directly buy SpaceX stock may gain indirect exposure. Pension funds, savings accounts, or index-tracking funds managed by third parties might include SpaceX in their portfolios. The company is valued at approximately $1.75 trillion, which would make it larger than competitors Anthropic and OpenAI, though still smaller than tech giants such as Google’s parent company Alphabet, Apple, Microsoft, and Amazon.

Will investors reap significant rewards? Even professional analysts struggle to predict whether share prices will climb or drop once trading commences. Musk has previously survived challenges, including rocket failures, production delays, and political controversies. However, the AI sector is capital-intensive and uncertain, leading to widespread concerns that the stock may be overvalued and prone to a bubble burst. Officially known as Space Exploration Technologies, SpaceX reported $18.6 billion (£13.8 billion) in revenue last year but incurred a net loss of $4.9 billion. The IPO prospectus explicitly states that the company has a history of net losses and offers no guarantee of future profitability.

Ruth Foxe-Blader of Citrine Venture Partners suggests that the breadth of SpaceX’s projects provides strong investment appeal. Conversely, Michael Hewson of iForex argues that the financial figures are unbelievable, representing a wager on Musk’s capacity to execute massive ambitions. The SpaceX IPO is the first of three anticipated mega-listings related to the AI sector.

Source: BBC News Generated at: 2026-06-04 15:14:24 UTC