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SpaceX hosts IPO closing-deal party at JPMorgan headquarters with branded steaks and themed cocktails

SpaceX hosts IPO closing-deal party at JPMorgan headquarters with branded steaks and themed cocktails

The largest IPO in history gets a victory lap at JPMorgan's Manhattan HQ, complete with "The Future is Public" cocktails and a $1.8 trillion valuation

SpaceX is throwing itself a party. And when you’re about to become the largest IPO in history, you get to serve branded steaks.

The post-IPO celebration is set for June 12, 2026, at JPMorgan’s Manhattan headquarters. The menu features SpaceX-branded steaks and cocktails dubbed “The Future is Public,” a cheeky nod to the company’s transition from the most valuable private company on Earth to, well, a public one.

The numbers behind the party

SpaceX priced its shares at $135 each, targeting a valuation of approximately $1.8 trillion. The company is looking to raise about $75 billion, which would make this not just the biggest IPO of the year but the biggest IPO ever.

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The stock will trade on Nasdaq under the ticker SPCX. Goldman Sachs holds the lead left position in the underwriting syndicate, with JPMorgan among more than 20 banks involved in bringing the deal to market.

Total fees for the IPO are expected to exceed $1 billion, making this one of the most lucrative underwriting assignments in Wall Street history.

SpaceX submitted a confidential filing in April 2026, followed by a public prospectus in May. Roadshow activities kicked off in early June, with the closing party capping off what has been an unusually compressed schedule for an offering of this magnitude.

Jamie Dimon’s personal pitch

JPMorgan CEO Jamie Dimon personally pitched the SpaceX IPO to over 2,500 wealthy clients during a live event at JPMorgan’s headquarters, which was simulcast to 90 locations across 26 states.

The effort signals JPMorgan’s strategy to bolster retail participation alongside institutional demand.

What this means for investors

Elon Musk’s dual role leading both SpaceX and Tesla creates a dynamic that investors haven’t really had to price before at this scale. Adding a public SpaceX to Musk’s portfolio of publicly traded entities concentrates an enormous amount of market value under one individual’s leadership.

One notable absence from all the promotional materials surrounding the IPO and its celebration: any reference to cryptocurrency or digital assets. It suggests that when it comes to this offering, the focus remains squarely on traditional equity structures.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

SpaceX hosts IPO closing-deal party at JPMorgan headquarters with branded steaks and themed cocktails

SpaceX hosts IPO closing-deal party at JPMorgan headquarters with branded steaks and themed cocktails

The largest IPO in history gets a victory lap at JPMorgan's Manhattan HQ, complete with "The Future is Public" cocktails and a $1.8 trillion valuation

SpaceX is throwing itself a party. And when you’re about to become the largest IPO in history, you get to serve branded steaks.

The post-IPO celebration is set for June 12, 2026, at JPMorgan’s Manhattan headquarters. The menu features SpaceX-branded steaks and cocktails dubbed “The Future is Public,” a cheeky nod to the company’s transition from the most valuable private company on Earth to, well, a public one.

The numbers behind the party

SpaceX priced its shares at $135 each, targeting a valuation of approximately $1.8 trillion. The company is looking to raise about $75 billion, which would make this not just the biggest IPO of the year but the biggest IPO ever.

Advertisement

The stock will trade on Nasdaq under the ticker SPCX. Goldman Sachs holds the lead left position in the underwriting syndicate, with JPMorgan among more than 20 banks involved in bringing the deal to market.

Total fees for the IPO are expected to exceed $1 billion, making this one of the most lucrative underwriting assignments in Wall Street history.

SpaceX submitted a confidential filing in April 2026, followed by a public prospectus in May. Roadshow activities kicked off in early June, with the closing party capping off what has been an unusually compressed schedule for an offering of this magnitude.

Jamie Dimon’s personal pitch

JPMorgan CEO Jamie Dimon personally pitched the SpaceX IPO to over 2,500 wealthy clients during a live event at JPMorgan’s headquarters, which was simulcast to 90 locations across 26 states.

The effort signals JPMorgan’s strategy to bolster retail participation alongside institutional demand.

What this means for investors

Elon Musk’s dual role leading both SpaceX and Tesla creates a dynamic that investors haven’t really had to price before at this scale. Adding a public SpaceX to Musk’s portfolio of publicly traded entities concentrates an enormous amount of market value under one individual’s leadership.

One notable absence from all the promotional materials surrounding the IPO and its celebration: any reference to cryptocurrency or digital assets. It suggests that when it comes to this offering, the focus remains squarely on traditional equity structures.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.