How to buy SpaceX shares as its blockbuster IPO readies for liftoff

MoneyWatch How to buy SpaceX shares as its blockbuster IPO readies for liftoff .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham June 8, 2026 / 5:37 PM EDT / CBS News Add CBS News on Google SpaceX is set this week to launch as a publicly traded company, giving ordinary investors a chance to participate in what is expected to be the biggest initial public offering of all time. While SpaceX will be held primarily by CEO Elon Musk, company employees and private investors, the Texas-based company will set aside a sizable chunk of stock to retail investors, which experts say is unusual. Earlier this year, Reuters reported that as much as 30% of the shares of the rocket and AI company will go to individual investors, three times the usual allocation. SpaceX shares are scheduled to price on Thursday and begin trading the following day on the Nasdaq Composite Index under the ticker symbol "SPCX," according to SpaceX's IPO website. SpaceX said in a recent regulatory filing that it expects to price its shares at $135 each. However, the company could increase or decrease the price before trading begins, said Matthew Kennedy, a senior market strategist at Renaissance Capital, which tracks IPOs. The company expects to raise $75 billion in the offering, nearly three times the amount raised when Saudi Aramco, Saudi Arabia's state-owned national oil company, went public in 2019, in what remains the largest-ever IPO. SpaceX's offering would value it at $1.77 trillion, larger than many major U.S. companies that have been around for years. That includes Musk's electric car maker, Tesla, which has a market value of $1.5 trillion...