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SpaceX shares began trading on the Nasdaq on June 12, 2026, closing at $161.11. The IPO raised $75 billion, marking the largest initial offering in history.
SpaceX officially entered the public markets on June 12, 2026, with an initial public offering that raised $75 billion [1]. The company’s stock, which debuted on the Nasdaq, closed its first day of trading at $161.11 per share [1].
Key takeaways
The offering was the largest in history, exceeding the $29 billion raised by Saudi Aramco during its 2019 public debut [1]. SpaceX’s valuation of more than $2 trillion places it above the combined market capitalizations of major American corporations like Walmart and General Motors [1]. During the first 30 minutes of trading, the stock price climbed from its $150 opening to $165, before ultimately settling at $161.11 [1].
For investors, the process of acquiring shares involved two distinct paths. Select investors and institutions had the opportunity to purchase shares at the $135 IPO price through brokerages including Fidelity, Charles Schwab, RobinHood Markets, SoFi Technologies, and E*TRADE [2]. For the general public, purchasing shares required placing market or limit orders through online brokers once the stock began trading on the Nasdaq under the ticker symbol SPCX [2].
The successful debut of SpaceX is viewed as a potential precursor to other high-profile public offerings, specifically for artificial intelligence companies like OpenAI and Anthropic, which are each valued at nearly $1 trillion [1]. The inclusion of SpaceX in the public market follows a 24-year journey for the company, which was founded in 2002 with the goal of making humanity a multiplanetary species [1].
The IPO marks a significant shift in corporate power, as SpaceX joins established tech giants such as Microsoft, Apple, and Nvidia in the public markets [1]. The event also highlights the growth of the commercial space industry, which is characterized by an increasing number of launches and rising upmass [2]. While the industry is considered high-risk and high-reward, the debut of SpaceX provides a new avenue for investors, including those who may choose to gain exposure through exchange-traded funds rather than direct stock ownership [2].
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jun 13, 2026 · How we report
SpaceX held its initial public offering on Friday, June 12, 2026.
SpaceX is listed on the Nasdaq under the ticker symbol SPCX.
No, the company reported a net loss of $4.3 billion in the first quarter of 2026.
Beyond its flagship rocket and satellite communications businesses, the company is pivoting toward artificial intelligence, including orbital AI compute infrastructure.