SpaceX successfully launched a Falcon 9 rocket on June 12, 2026, from Cape Canaveral Space Force Station in Florida. The mission carried 22 Starlink satellites into low Earth orbit, marking the company's 120th launch of the year. The first stage booster landed on the droneship 'Just Read the Instructions' in the Atlantic Ocean.
The launch came one day before SpaceX filed its initial public offering (IPO) with the U.S. Securities and Exchange Commission on June 13, 2026. The IPO filing, first reported by Reuters, seeks to raise up to $10 billion, valuing the company at an estimated $150 billion. SpaceX plans to list on the Nasdaq under the ticker 'SPCE'.
This launch is part of SpaceX's ongoing expansion of the Starlink constellation, which now includes over 5,000 operational satellites providing broadband internet globally. The company has stated that proceeds from the IPO will fund further development of the Starship spacecraft and Starlink Gen2 satellites.
