SpaceX began trading on the Nasdaq exchange on Friday, June 12, 2026, following a record $75 billion public offering [1].

The transition to a publicly listed company provides the aerospace firm with significant capital to fund its artificial intelligence and space exploration missions. By opening ownership to public investors, the company seeks to accelerate its growth and infrastructure development.

The company began trading under the ticker symbol SPCX [1]. While reports on the opening share price vary, The New York Times reported a price of $150 per share [4], while TechTimes listed the opening at $135 per share [5]. Market activity remained volatile during the debut, with shares rising 11% above the IPO price [7] and later climbing more than 20% [8]. TechTimes reported a peak share price of $160 [6].

"Going public is a milestone for SpaceX and our mission to make life multiplanetary," Musk said [1].

The massive influx of capital has placed SpaceX among the most valuable companies in the world. Valuation estimates differ across financial reports; Euronews valued the company at $1.78 trillion [2], while the Star Advertiser reported a market cap exceeding $2 trillion [3].

"The IPO pricing at $150 per share reflects strong investor appetite for space and AI assets," Reed said [4].

Industry observers noted that the scale of the offering likely triggered forced index buying, further driving the stock's initial momentum [5].

"With a market cap now above $2 trillion, SpaceX joins the elite club of the world’s most valuable companies," Chen said [3].

“"Going public is a milestone for SpaceX and our mission to make life multiplanetary."”

The SpaceX IPO represents a fundamental shift in the commercial space economy, moving from private venture funding to public market scrutiny. By securing tens of billions in liquidity, the company can aggressively pursue high-cost projects like Mars colonization and AI integration without relying on internal cash flow or private rounds. The valuation, placing it in the multi-trillion-dollar tier, indicates that investors now view space infrastructure as a core component of global technology portfolios rather than a speculative venture.