SpaceX shares began trading on the Nasdaq stock exchange on Friday at a price of $150 per share [1].

The move marks the transition of the private aerospace company into a public entity, allowing a broad range of investors to own a stake in the company for the first time. This shift provides SpaceX with significant capital to fund its ambitious goals for interplanetary travel and satellite deployment.

The initial public offering is described as the biggest in history [2]. Through this process, the company raised $75 billion [3]. Trading was scheduled to begin at 9:30 a.m. ET when the market opened [3], although some reports indicated trading activity shortly before noon on Friday [5].

Market analysts said the IPO could push the company's valuation to $1.75 trillion [4]. Such a valuation would place SpaceX among the most valuable companies in the world and potentially make Elon Musk the first trillionaire [4].

The company's entry into the public market comes as it continues to scale its launch capabilities and expand the Starlink satellite network. While some early projections suggested shares could trade at about $135 each [6], the opening price settled at $150 [1].

Investors have bid up the share price based on the company's dominant position in the launch market and its role in U.S. national security infrastructure [1]. The capital infusion from the $75 billion offering [3] is expected to accelerate the development of the Starship spacecraft, which is designed for missions to the Moon, and Mars.

“SpaceX shares began trading on the Nasdaq stock exchange on Friday at a price of $150 per share.”

The SpaceX IPO represents a pivotal shift in the commercial space industry, moving from a venture-backed model to a public-market valuation. By raising $75 billion, the company secures a massive war chest that reduces its reliance on private funding rounds and government contracts. This liquidity allows for more aggressive scaling of the Starship program and Starlink, while providing a public benchmark for the valuation of other private space ventures.