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SpaceX IPO — first trading day

The largest IPO in history closed up 19% on day one

Friday, June 12, 2026 · 44 days ago

IPO price
$135 / share
First trade
$150 (+11%)
Intraday high
$176.52 (+31%)
First-day close
$160.95 (+19%)
Raised
≈ $75 billion · 555.5M shares
Valuation at close
over $2 trillion

What happened

SpaceX went public on June 12, 2026 in the largest initial public offering ever recorded. Shares priced at $135, raising about $75 billion — nearly triple Saudi Aramco's 2019 record — and the stock opened its first Nasdaq trade at $150, an 11% pop.

Elon Musk and President Gwynne Shotwell rang the opening bell simultaneously from New York and Starbase, Texas. SPCX ran as high as $176.52 during the session — up 31% from the offer price — before settling back to close at $160.95, a 19% first-day gain that left SpaceX valued above $2 trillion and instantly among the most valuable listed companies on Earth.

The listing hands public investors their first direct stake in the company behind Falcon 9, Starlink and Starship — and turns every future launch into a market event.

Recap last updated 2026-06-13.

About SpaceX IPO — first trading day

SpaceX goes public on Friday, June 12, 2026 — the largest initial public offering in history. Shares priced at $135, listing on the Nasdaq under the ticker SPCX, valuing Elon Musk's rocket and satellite company at roughly $1.77 trillion at the open. The countdown above targets the Nasdaq opening bell at 9:30 AM Eastern.

It is a milestone two decades in the making: founded in 2002, SpaceX rewrote the economics of spaceflight with reusable Falcon 9 boosters, took over NASA crew transport, built Starlink into the world's dominant satellite internet provider with millions of subscribers, and is developing Starship — the fully reusable vehicle aimed at the Moon and Mars. Starlink's recurring revenue is widely seen as the engine behind the trillion-dollar valuation.

The listing instantly ranks SpaceX among the most valuable companies on any exchange and hands public investors their first direct stake in the space economy's flagship. After the first trade, this page flips to "happened" — but the milestone marks the start of SpaceX's public era, with every Starship launch now a market event.

FAQ

When is the SpaceX IPO?

Friday, June 12, 2026 — trading opens on Nasdaq at 9:30 AM Eastern under the ticker SPCX.

What is the SpaceX IPO price?

Shares priced at $135, giving an initial market capitalization of roughly $1.77 trillion — the largest IPO on record.

What is SpaceX's ticker symbol?

SPCX, listed on the Nasdaq exchange.

Why is SpaceX worth so much?

Starlink's fast-growing subscription revenue, dominance in global launch with reusable rockets, NASA contracts, and the long-term potential of Starship.

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