SpaceX completed a record-breaking initial public offering on June 12, 2026, raising approximately $75 billion [1].
The debut marks a historic shift for the private aerospace sector and establishes a new benchmark for company valuations in the U.S. market.
Shares began trading on the Nasdaq exchange in New York City at an initial IPO price of $135 per share [5]. By the end of the first day of trading, the stock price increased by roughly 19% [1], [2], [3]. While some reports indicated an early jump to $150 per share [5], the stock later traded in a range between $150 and $165 [6].
MSN said the stock closed at $161.11 [3]. This surge pushed the company's total valuation to $2.1 trillion [4], [6]. The financial windfall from the offering has made founder Elon Musk the first trillionaire in the world [2].
The offering is cited as the largest ever for a U.S. company [3]. The scale of the capital raise reflects investor confidence in the company's dual focus on rocket technology, and artificial intelligence [1].
Market analysts said the stock's volatility occurred during the first session as it climbed toward its closing price. The company's transition from a private entity to a publicly traded corporation allows it to access vast amounts of capital to fund future missions and infrastructure projects.
“SpaceX completed a record-breaking initial public offering on June 12, 2026, raising approximately $75 billion.”
The SpaceX IPO represents more than a financial milestone; it signals the market's willingness to value space exploration and AI integration at a scale previously reserved for the world's largest software and retail giants. By crossing the $2 trillion valuation threshold, SpaceX has effectively transitioned from a disruptor in the launch industry to a systemic pillar of the global economy, granting Elon Musk unprecedented personal leverage and the company unparalleled liquidity for deep-space ambitions.
