SpaceX is public now. After the June 12, 2026 IPO (ticker SPCX, priced at $135), the private secondary market — Forge Global, Hiive, EquityZen — no longer trades SpaceX. Here is what those platforms meant before the IPO, the pre-IPO price history, whether Starlink equity was ever separately tradable, and where accredited and employee holders stand today.

The SpaceX secondary market is over. As of June 12, 2026, SpaceX is a public company — ticker SPCX on Nasdaq, priced at $135/share for a $1.77 trillion valuation — and the private platforms that used to trade it (Forge Global, Hiive, EquityZen) have closed their SpaceX listings.

If you searched for "SpaceX share price secondary market Forge Hiive," the answer changed on IPO day. You no longer need an accredited-investor secondary platform to own SpaceX — you can buy SPCX in any brokerage account. But the pre-IPO secondary history is worth understanding, because it explains why the IPO priced the way it did. For the full listing details, see the SpaceX IPO tracker.

What changed on June 12, 2026

SpaceX listed on Nasdaq under SPCX on June 12, 2026, selling 556 million shares at $135 each — raising roughly $75 billion in the largest IPO in history and setting an initial $1.77 trillion valuation. Shares jumped 19% on day one to close near $161. The moment that happened, the private secondary market for SpaceX effectively ceased to exist, because secondary platforms exist only to match buyers and sellers of private shares.

SpaceX pre-IPO secondary price history

Before the IPO, SpaceX was the single most-requested name on the private secondaries market. Per-share prices on Forge and Hiive ran high because they reflected a pre-split, smaller share count and aggressive retail-via-SPV demand — they are not directly comparable to the $135 IPO price, which was set against a finalized, larger share count. Here is roughly how the venues stacked up in the months before the listing:

Indicative pre-IPO marks per Forge and Hiive listing data; not adjusted for share count differences vs. the IPO. See the prior secondary-market price breakdown for the discount math.

Why Starlink equity was never separately tradable

A common search is whether you could buy Starlink shares on the secondary market separately from SpaceX. You could not — and still cannot. Starlink (Starlink Services, LLC) is a wholly owned subsidiary of SpaceX, not a separately capitalized entity with its own cap table. There has never been a standalone Starlink stock, a Starlink tender, or a Starlink secondary listing.

That matters because Starlink is the financial engine of the whole company: it generated roughly $11.4 billion of SpaceX's revenue in 2025 (about 61% of the total) and was the only profitable segment. So when you bought SpaceX on a secondary platform — and now when you buy SPCX — you are buying the launch business and Starlink as one package. For the full revenue picture, see Starlink revenue, subscribers, and ARPU. And for the question of whether Starlink could ever spin out on its own, read our Starlink IPO timeline and spinout odds.

Employee and accredited access: before vs. now

The bottom line

The whole reason the SpaceX secondary market existed — accredited-only access to a company retail couldn't otherwise touch — disappeared on June 12, 2026. SpaceX is now SPCX, tradable by anyone. Forge, Hiive, and EquityZen remain important for other private names like OpenAI and Anthropic, but SpaceX has graduated. If you still want a wrapped, partially-private play on the Musk orbit, the Robinhood RVI fund holds xAI and Anduril — though as covered in does RVI hold SpaceX, it never held SpaceX itself.