SpaceX shares debuted on the Nasdaq exchange on June 12, 2026, in the largest initial public offering in U.S. history [1, 2, 3].
The listing marks a pivotal transition for the aerospace company as it seeks massive capital to fund its ambitious interplanetary goals. The move potentially positions founder Elon Musk as the first trillion-dollar individual in the world [3, 4, 6].
Shares were originally priced at $135 per share [1]. However, the stock opened at $150 [4], reflecting immediate investor demand. By the end of the trading day, the share price saw an intraday increase of approximately 30% [4].
This surge drove the company's market capitalization to a range between $1.75 trillion [3] and $2.3 trillion [4]. Other reports placed the valuation at $2.1 trillion [6]. The company raised $75 billion in total proceeds through the offering [6].
"It is certainly hard to believe the scale of this IPO," Musk said [5].
A SpaceX spokesperson said the company's shares could trade at about $135 each, which would set the valuation on track for about $1.75 trillion [3]. The actual market performance exceeded those initial projections as the stock popped shortly after the opening bell.
The transition to a public company follows years of private funding and rapid growth in the commercial satellite and launch markets. With the new capital, SpaceX is expected to accelerate the development of its next-generation launch systems.
“"It is certainly hard to believe the scale of this IPO."”
The SpaceX IPO represents a massive shift in the financial landscape of the aerospace industry, moving a dominant private entity into the public eye. By securing $75 billion in capital, the company can now fund the high-cost development of Starship and other Mars-centric goals without relying solely on private equity or government contracts. This valuation also sets a new benchmark for 'deep tech' companies, signaling that investors are willing to price in long-term interplanetary ambitions alongside current satellite revenue.
