United States · Business news · IPO & Capital Markets · 12 Jun 2026
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SpaceX priced its IPO at $135 a share on June 11, raising $75 billion at a market value of about $1.8 trillion. The stock opened at $150 on Nasdaq on June 12, touched $174.99 during the session and closed at $160.95, up 19.2% from the offer price, on volume of more than 503 million shares. The company combines rocket launches, satellite internet and AI models.
The deal raised more than all US IPOs of the previous two calendar years combined, according to Renaissance Capital, and created one of the largest listed US companies overnight. Index funds and benchmarked managers have to make room for a stock of that size as it enters indexes, which can mean trimming other mega-cap holdings. It also gives a valuation benchmark for listed space and satellite companies such as Rocket Lab and AST SpaceMobile.
Reported by IPOScoop — “The IPO Buzz: SpaceX (SPCX) Climbs 19 Percent in NASDAQ Debut After Record IPO” ↗ on 12 Jun 2026.
Official series on 12 Jun 2026 or the last day before it, and the latest observation.
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