SpaceX's June 2026 IPO created the largest single wealth-creation event in venture capital history. At a $1.77T market cap, every funding round from seed to the most recent secondary sales generated positive returns — but the spread is staggering. Seed investors from 2002 who entered at a ~$7.5M valuation saw 236,000x returns. Series A investors at $60M made 29,500x. Even the 2025 round at $350B returned 5.1x in under a year. This calculator lets you input your entry round or custom valuation and see your MOIC at IPO price ($135), open ($150), and day-one close ($161). It also models 6-month lockup scenarios at different price trajectories, and compares SpaceX's day-one performance to other mega-IPOs like Google, Facebook, and Alibaba.
236,000x — a $100K seed investment in 2002 at a $7.5M valuation would be worth $23.6 billion at the $1.77T IPO market cap. This is one of the highest-returning venture investments ever recorded.
17.7x — investors who entered at the $100B valuation in 2021 saw their investment multiply by 17.7x at IPO. A $10M allocation would be worth $177M in roughly 5 years.
180-day lockup from IPO date (June 12 to mid-December 2026). Pre-IPO investors cannot sell during this period. At +20% appreciation during lockup, shares would trade at ~$205; at -20%, ~$137 per share.