SpaceX completes two orbital launches in 19 hours; IPO oversubscribed by $1.5 trillion

KuCoinFlash

Release Time: 06/06/2026 14:43:15

Summary

On June 3–4, 2026, SpaceX launched two orbital missions within 19 hours, deploying 53 Starlink satellites. On-chain data indicates strong investor interest in the company’s upcoming Nasdaq listing on June 12 under the ticker 'SPCX'. The IPO was priced at $135 per share, targeting $75 billion in fundraising. On-chain analysis shows subscriptions reached $1.5 trillion—double the target—setting a global IPO record.

BlockBeats report: On June 6, SpaceX once again broke its own record for high-frequency launches: between June 3 and 4 local time, the company launched two Falcon 9 rockets from Vandenberg Space Force Base in California and Cape Canaveral in Florida, respectively, to carry out the Starlink 17-47 and Starlink 10-43 missions, deploying a total of 53 Starlink satellites, with less than 19 hours between the two launches.

Among these, the mission on June 3 launched 24 satellites at 8:40 AM Pacific Time, and the mission on June 4 launched 29 satellites at 6:26 AM Eastern Time. Market observers note that while most aerospace companies still struggle to achieve a consistent monthly launch cadence, SpaceX has made consecutive orbital launches routine.

Meanwhile, SpaceX is set to list on Nasdaq on June 12 under the ticker symbol 'SPCX'. The company has set its offering price at $135 per share, aiming to raise $75 billion. SpaceX’s IPO has received approximately $150 billion in investor demand, doubling its fundraising target and setting a new global IPO record.

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