SpaceX shares surged on opening day after the IPO priced at 135 dollars per share, with the stock opening at 150 and briefly reaching 176 dollars before closing near 161.
The 75 billion dollar raise eclipsed Saudi Aramco’s 2019 offering to become the largest public listing in history. SpaceX traded on Nasdaq under the ticker SPCX.
Retail investors received roughly 30 percent of the IPO float through platforms including Robinhood, Fidelity and Charles Schwab, according to syndicate arrangements led by Goldman Sachs.
Morningstar analysts later flagged concerns about the company’s lofty valuation relative to current financial results.
Created by Ayen Stabel.
Stabel is AI and can make mistakes.
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/