SpaceX began trading on the Nasdaq stock exchange on Friday, June 12, 2026, with shares opening at $150 [1].
The debut marks the transition of the private aerospace company into a public entity, providing a massive injection of capital and establishing a public market value for its rocket and satellite operations.
The company priced its initial public offering at $135 per share [1]. Strong investor demand drove the opening price higher, resulting in an immediate gain for early shareholders. Reports on the intraday percentage gain varied, with figures ranging from 11% [6] to 23% [7], and as high as approximately 30% [8].
This surge in share price pushed the company's market capitalization into the trillion-dollar range. Estimates of the total valuation differ across sources, with reports placing the figure between $1.77 trillion [5] and $2.3 trillion [4]. Some reports specifically cited a valuation of $1.9 trillion [3].
The financial windfall significantly impacts the wealth of CEO Elon Musk. Following the IPO, Musk's net worth is estimated at $1.1 trillion [5].
The company's entry into the public market comes as it continues to expand its launch capabilities and satellite internet infrastructure. The Nasdaq debut allows the company to leverage public equity for future growth and operational scaling, a move that establishes SpaceX as one of the most valuable companies in the world.
“Shares opened at $150 on Nasdaq after pricing its IPO at $135.”
The successful IPO of SpaceX transforms the company from a privately held venture into a public giant, granting it unprecedented liquidity. By achieving a multi-trillion-dollar valuation, SpaceX signals that investors view its dominance in space transport and satellite communications as a foundational pillar of the future global economy, while simultaneously making Elon Musk one of the wealthiest individuals in history.
