SpaceX’s Nasdaq debut elevated the company’s xAI segment among the world’s most valuable publicly traded AI and technology enterprises.
The IPO priced 555.6 million shares at 135 dollars and opened at 150 on June 12 under ticker SPCX, pushing overall market capitalization past two trillion dollars.
Analysts said public investors now hold direct exposure to Musk’s AI ambitions alongside SpaceX’s launch and satellite businesses.
The listing set a benchmark for other private AI firms weighing public-market entry.
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Sources:
https://www.deseret.com/business/2026/06/12/spacex-ipo-elon-musk-stock-market-debut-nasdaq-exchange-xai-tesla-star-trek-science-fiction-future/