June 12 (Reuters) - SpaceX made its stock market debut on Friday,as investors backed CEO Elon Musk's vision for an empire stretching from reusable rockets to orbital AI at a valuation that ranks among the world's biggest.
Here is a timeline of SpaceX's journey to the blockbuster IPO:
March 2002 - Elon Musk starts SpaceX using money he made from the sale of PayPal.
March 2006 - SpaceX launches its first rocket, the Falcon 1, which fails.
September 2008 - Falcon 1 launched successfully and becomes the first privately developed liquid-fuel rocket to reach Earth's orbit.
December 2008 - SpaceX secures its first major contract with NASA to ferry cargo and supplies to the International Space Station.
May 2012 - A Dragon capsule is taken to space by a Falcon 9 rocket, making it the first private spacecraft to dock at the ISS.
June 2015 - Falcon 9 explodes mid-air.
December 2015 - First successful vertical landing of Falcon 9, marking the first controlled recovery by a large rocket after delivering a payload into orbit.
February 2018 - The first Falcon Heavy launch carries Musk's Tesla Roadster and its mannequin driver, Starman, into space.
April 2019 - Crew Dragon test vehicle explodes during ground test.
May 2019 - SpaceX starts launching Starlink satellites, a constellation capable of beaming signals for high-speed internet service to paying customers around the globe.
October 2020 - SpaceX completes the 100th successful flight of a Falcon rocket since Falcon 1 first flew to orbit in 2008.
November 2020 - SpaceX Crew-1 mission — the first operational mission under NASA's Commercial Crew Program.
April 2021 - NASA awards SpaceX the contract for the first commercial human lander on the moon, part of its Artemis program.
September 2021 - SpaceX launches the first all-civilian crew ever to circle the Earth from space.
November 2021 - NASA's Double Asteroid Redirection Test mission launched into an interplanetary transfer orbit aboard a SpaceX rocket, marking the world's first test of a planetary defense system designed to prevent a potential asteroid collision with Earth.
April 2023 - First Starship rocket explodes after losing control.
November 2023 - Starship launch fails minutes after reaching space.
November 2023 - A U.S. judge blocks the U.S. Department of Justice from pursuing an administrative case accusing SpaceX of illegally refusing to hire refugees and asylum recipients.
September 2024 - The SpaceX Polaris Dawn mission carries out its first privately managed spacewalk.
January 2025 - SpaceX's Starship rocket breaks up in space minutes after launching from Texas, forcing flights over the Gulf of Mexico to alter course to avoid falling debris.
June 2025 - Starship explodes during a ground test.
February 2026 - SpaceX acquires Musk's AI startup xAI in a record deal worth $250 billion, unifying the world's richest man's AI and space ambitions by combining the rocket-and-satellite company with the maker of the Grok chatbot.
February 2026 - SpaceX shifted its focus from Mars to building a "self‑growing city" on the moon, Musk says.
March 2026 - NASA official says the Starship has accumulated at least two years of development delays since NASA picked the rocket as an astronaut moon lander ;in 2021, and is expected to require more time to clear remaining hurdles before landing on the moon.
April 2026 - SpaceX confidentially files for its blockbuster U.S. initial public offering, laying the groundwork for what could be the biggest stock market flotation ever.
May 2026 - SpaceX publicly files for its long-awaited U.S. IPO.
June 2026 - SpaceX sets its IPO price at $135 a share, seeking to raise a record-breaking $75 billion.
June 2026 - SpaceX agrees a multi-year cloud services deal with Alphabet's Google.
June 2026 - SpaceX raises record $75 billion in biggest-ever U.S. IPO.
June 2026 - SpaceX begins trading on the Nasdaq at a valuation of about $1.96 trillion.
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