SpaceX Initial Public Offering and Market Debut
SpaceX went public on June 12, 2026, raising $75 billion in the largest initial public offering to date and closing its first day of trading with a market valuation of approximately $2.1 trillion.
Aggregated from 7 sources · 6/13/2026, 7:49:36 AM
Coverage Balance
7 sourcesFacts (10)
- Established
SpaceX shares, trading under the ticker SPCX, closed at $160.95 on their first day of trading, a 19.2% increase from the IPO price of $135.
- Established
The company raised $75 billion by offering 555.6 million shares, making it the largest initial public offering in history.
- Established
SpaceX reached a market capitalization of $2.1 trillion at the close of its first trading day, ranking it as the sixth most valuable public company in the United States.
- Established
Elon Musk's net worth exceeded $1 trillion following the IPO, largely driven by his stakes in SpaceX and Tesla.
- EstablishedNiche Signal
SpaceX President Gwynne Shotwell rang the opening bell at the Nasdaq in New York City, while Elon Musk participated from Texas.
- Emerging
In February 2026, Elon Musk merged his artificial intelligence startup, xAI, into SpaceX to pivot the company toward AI-driven space infrastructure.
- EmergingNiche Signal
SpaceX targeted a retail investor allocation of approximately 30%, which is significantly higher than the industry standard of 5% to 10%.
- EmergingNiche Signal
Goldman Sachs and Morgan Stanley served as lead banks for the IPO, with each reportedly receiving approximately $100 million in fees.
- EmergingNiche Signal
Underwriters hold a 'green shoe' option to sell an additional 83 million shares valued at approximately $11.2 billion if demand exceeds initial supply.
- AttributionNiche Signal
Morningstar analysts valued the company at $63 per share, representing a 53% discount to the offering price, citing unproven technology for orbital data centers.