SpaceX Begins Trading After Record IPO, Opens Above $135 Offer Price

Jun 12, 2026

SpaceX began trading on Nasdaq on Friday after completing a record initial public offering. The company sold 555 million shares at $135 each, raising about $75 billion.

The stock opened at $150, about 11% above the IPO price, in a debut that several sources described as the biggest or most anticipated IPO ever. Early trading pushed the company’s valuation above $2 trillion, after the IPO pricing had valued SpaceX at about $1.77 trillion.

The listing also drew attention to Elon Musk, with one report saying the offering made him the first trillionaire on paper. Before the debut, JPMorgan data showed hedge funds were selling broader U.S. tech stocks and adding bearish positions.

What is an IPO?

An IPO, or initial public offering, is when a private company sells shares to the public for the first time.

How much money did SpaceX raise?

The sources say SpaceX raised about $75 billion by selling 555 million shares at $135 each.

How did SpaceX stock trade on its first day?

One source said the stock opened at $150, which was about 11% above the IPO price.

What valuation did the IPO give SpaceX?

The IPO pricing valued SpaceX at about $1.77 trillion, and early trading pushed that figure above $2 trillion.

Sources
Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows
Reuters
Hedge funds sold out of the biggest U.S. tech stocks, and some even added bearish positions, according ​to data from a JPMorgan note late Thursday, just ‌before SpaceX was set to go public on Friday.
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Destiny Tech100 Inc. (NYSE:DXYZ) shares are in focus Friday, as SpaceX prepares to begin trading on Nasdaq today under the ticker SPCX — the moment that has defined DXYZ's entire bull case for the past several months.
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CNBC Television
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NYTimes
Elon Musk's rocket and satellite maker already finalized the world's largest initial public offering, selling 555 million shares at an initial price of $135.
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SpaceX's Starlink division generates nearly $12 billion in revenue with ~40% operating margins, making it the clear profit engine of the business. At $1.77 trillion -- roughly 94 times 2025 revenue -- SPCX stock is priced for perfection at a valuation that dwarfs even Nvidia's.
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SpaceX's IPO valued the rocket and satellite company at roughly $1.77 trillion, pushing Elon Musk's net worth to about $1.1 trillion and making him the first trillionaire on paper.
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SpaceX shares gain 17% as trading begins, valuing Elon Musk's rocket company at more than $2 trillion
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Shares of SpaceX opened [UP/DOWN X%] on their first day of trading Friday in the landmark initial public offering that has raised $75 billion – and minting founder Elon Musk a trillionaire.  Some 555.
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Reuters
SpaceX traded higher in its Nasdaq debut on Friday, a day after pricing its record $75 billion IPO. Thursday's pricing gave Elon Musk's space, communications and AI firm a $1.77 trillion valuation, the largest ever in an initial offering; trading after the open on Friday pushed that figure ​above $2...
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SpaceX — Elon Musk's private aerospace and satellite internet company — is going public on the Nasdaq on 12 June 2026 under the ticker SPCX, at an IPO price of $135 per share and a target valuation of $1.75 trillion. If confirmed, this would be the largest IPO in history.
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SpaceX (SPCX)—billionaire Elon Musk's artificial intelligence (AI) and space infrastructure firm—went live on Nasdaq today, opening at a whopping $150 per share. This represents an 11% upside on the IPO price, which makes the giant worth just under $2 trillion.
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NYTimes
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If you're looking for something a little more terrestrial, there's one stock that investors are overlooking.
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U.S. space stocks tumbled on Friday as investors rushed to lock in gains on the day of SpaceX's market debut, snapping a months-long rally fueled by anticipation over the blockbuster ​IPO.
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24/7 Wall Street
Shares of SpaceX (NASDAQ:SPCX) are up 15% in Monday afternoon trading, climbing to about $185 as buyers extend the post-IPO surge that began last Friday.
SpaceX is already one of the world's top six companies by market cap
Proactive Investors
SpaceX (NASDAQ:SPCX) shares rose 17% to $187.70 on Monday, the first full day of trading following the company's record-breaking initial public offering on Friday, when the stock closed at $161.11, pushing its market capitalization above US$2.2 trillion and placing it among the six largest companies...
Wall Street's fear gauge tumbles as traders bid up SpaceX shares
CNBC
The biggest IPO has been digested without a hiccup, and Wall Street's so-called "fear gauge" is back below its long-term average.
SpaceX Stocks Still Volatile, Says JPMorgan Strategist
Bloomberg Technology
Stephanie Aliaga, JPMorgan Asset Management global market strategist, says to expect SpaceX volatility in the next six months. She also says they are expective some big high-profile AI names, but the IPO markets are still going to be selective.
SpaceX Stock Could Enter These 2 Spectacular Vanguard ETFs This Friday
The Motley Fool
SpaceX went public last week, giving investors a chance to buy a slice of the space transportation, satellite internet, and AI company. SpaceX ended its first day of trading with a $2.1 trillion market capitalization, but only a fraction of that value will be reflected in many ETFs.
Space Stock Surge: Industrials Offer a Diversified Play
ETF Trends
Given all the recent hype over the SpaceX IPO, it's no secret that space stocks have seen a resurgence as of late. If anything, the SpaceX news has reminded advisors and investors that space stocks can tap into a few crucial themes — AI, defense budgets, and the overall space economy.
SpaceX's massive $2.1 trillion valuation may soon become its own worst enemy
Market Watch
The biggest companies struggle to keep up with the stock market due to size alone.
SpaceX shares jump 20% in first full day of trading after historic IPO
New York Post
SpaceX shares jumped 15% Monday in Elon Musk's rocket firm's first full day of trading following a debut on the Nasdaq last week that shattered records.
SPCX Is Public—Retail Traders Should Stop Watching The Rockets And Start Watchin...
Benzinga
SpaceX (NASDAQ:SPCX) went public on June 12. The stock opened at $150, hit $176 intraday, and closed its first session around $161: a 19% gain from the $135 offer price.
SpaceX Shares Jump in Second Day of Trading After Record IPO
Bloomberg Markets and Finance
Bloomberg's Bailey Lipschultz and David Bauer, head of equity capital markets Americas at JPMorgan, discuss SpaceX's success on the company's second day of trading after a record IPO Friday. Bauer said he sees a real 'investment thesis' driving SpaceX as the company contributes to reindustrializing...
New Leveraged SpaceX ETFs Can Boost Gains: Here's What Else to Know
Investopedia
Amplifying SpaceX's share-price moves might sound like a sure way to juice returns. It's not quite that simple.
SpaceX Is Already One of the World's 10 Most Valuable Companies. Here's Where th...
The Motley Fool
SpaceX raised nearly $86 billion from its IPO after underwriters exercised the greenshoe option, making it the largest in history. Starlink accounted for more than 60% of SpaceX's revenue in 2025.
Monday's Final Takeaways: SPCX Record Debut & Pressure on Housing Stocks
Schwab Network
Marley Kayden discusses SpaceX (SPCX) rallying in its first full day of trading, with a record-setting IPO. Sam Vadas highlights continued pressure on homebuilder stocks as investors weigh affordability concerns and signs of slowing housing rates.
SpaceX Post-IPO: Something Big May Happen in 15 Days. Here's What It Means for Y...
The Motley Fool
SpaceX stock soared on its first day of trading, and the company reached a $2.1 trillion market value. Investors seeking growth have been eager to get in on SpaceX due to its focus on innovation, with businesses spanning rocket launches and artificial intelligence.
Could SpaceX Be More Valuable Than Amazon and Microsoft? Here's What Price Its S...
The Motley Fool
SpaceX's stock has been soaring in its first couple of days on the open market. It's already among the most valuable companies in the world and is within striking distance of tech giants Amazon and Microsoft.
Analyst says buy these two space stocks amid SpaceX-driven sell-off
Invezz
SpaceX's historic debut on Nasdaq sparked a classic “capital siphon” effect, triggering a sharp sell-off across other space stocks. As billionaire Elon Musk's rocket company soared past a $2 trillion valuation, institutional and retail investors trimmed their holdings to free up liquidity and initia...
Why SpaceX Stock Skyrocketed Today
The Motley Fool
SpaceX raised more cash from share sales than originally reported. The tech titan plans to use the funds to support its incredible array of growth initiatives.
A mining billionaire made a major bet on SpaceX — and is eyeing potential ties t...
Business Insider
Australian mining billionaire Gina Rinehart's Hancock Prospecting has invested in SpaceX's record-breaking IPO. Hancock Prospecting says it sees opportunities to work with SpaceX in critical minerals.
1 Analyst Puts the Odds of a Tesla and SpaceX Merger at 80%. Here's What That Wo...
The Motley Fool
SpaceX went public in June at a valuation near $1.8 trillion -- the largest stock debut ever. Tesla and SpaceX already share a chip project, overlapping AI ambitions, and financial ties.
Scottish Mortgage leads FTSE 100 as SpaceX debut lifts its biggest holding
Proactive Investors
Scottish Mortgage Investment Trust PLC (LSE:SMT) climbed around 3% to lead the FTSE 100 on Tuesday morning, buoyed by the blockbuster stock market debut of SpaceX (NASDAQ:SPCX), the AI, rocket and satellite company that is its largest single holding. The Baillie Gifford-managed investment trust is o...
Analyst sets $500 SpaceX stock price target
Finbold
Just two regular sessions after its initial public offering (IPO), SpaceX (NASDAQ: SPCX) stock has already rallied 42.59% to $192.50, while including the Tuesday pre-market pushes the gains to 56.83% at $211.72. Still, one prominent analyst and broker believes Elon Musk's newer public company is bou...
Jim Cramer calls SpaceX stock a ‘Monster' at $200
Finbold
Jim Cramer has praised Space Exploration Technologies Corp. (NASDAQ: SPCX), popularly known as SpaceX, after it surpassed the $200 mark for the first time since its mega initial public offering (IPO)
SpaceX options list on Tuesday. Here's what to watch
CNBC
Will speculators approach SpaceX with the same vigor they've had for the major AI players of the past year?
The SpaceX IPO Just Handed Wall Street's Big Banks a Huge Payday. Here's What It...
The Motley Fool
SpaceX's IPO likely paid the highest underwriting fees on record. The hot IPO has returned, with OpenAI and Anthropic filing for later this year.
The xAI Trojan Horse Inside SpaceX's IPO
Seeking Alpha
SpaceX (SPCX) IPO raised $75B at a $1.75T valuation, now repriced to ~$2.1T, marking an unprecedented market event. SPCX is now a conglomerate: launch, broadband (Starlink), and a high-burn AI segment, with AI prioritized in capital allocation. Starlink and SpaceX's launch businesses are highly prof...
Investors Should Brace for a SpaceX IPO Reality Check
The Motley Fool
SpaceX is pushing the frontiers of space exploration and development, which could pay off in the long term. SpaceX's stock will be volatile because innovation involves failures as well as successes.
The Staggering Amount A $1 Million SpaceX Investment Is Worth Now
Investors Business Daily
Anyone who bet the farm on Elon Musk's Space Exploration Technologies' IPO is counting their lucky stars.
Defiance Launches SPCU, Delivering 2X Long Exposure to SpaceX in Its First Full...
GlobeNewsWire
MIAMI, June 16, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs today announced the launch of the Defiance Daily Target 2X Long SpaceX ETF (Cboe: SPCU). SPCU begins trading today at 4am ET and seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of SpaceX Class A c...
Options on SpaceX shares start trading
Reuters
Options on SpaceX started ​trading on ‌Tuesday, offering investors another avenue ​to ​bet on the future ⁠of the ​newly listed ​shares of Elon Musk's rocket company.
SpaceX Extends Historic IPO Rally: 3 Leveraged ETFs to Boost Gains
Zacks Investment Research
SpaceX's blockbuster IPO rally is fueling investor excitement. Here are three leveraged ETFs offering amplified exposure to the stock's momentum.
SpaceX IPO: What Your $5,000 Investment Could Be Worth
The Motley Fool
SpaceX went public last week, and the stock trading already well above its IPO level. The company is currently losing money.
SpaceX Options Start Trading Today. It's Getting Wild.
Barrons
Expect high volume and extraordinary volatility when trading opens at 9:30.
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