SpaceX shares rose between 19% and 26% on Friday, June 12, 2026, during the first day of trading following a record-breaking initial public offering [2], [4], [5].
The debut marks a historic shift for the aerospace company, transitioning from a private entity to a public giant with a valuation that rivals some of the world's largest corporations.
The company raised $75 billion through the IPO [1], [7]. This offering included the sale of more than 555 million shares at a price of $135 each [6]. The surge in stock price pushed the company's total valuation to nearly $1.8 trillion [7].
Trading took place on the NASDAQ exchange under the ticker symbol SPCX [3]. Market reports on the day's performance varied slightly. CBS News and Seeking Alpha said there was a share increase of 19% [2], [4]. Meanwhile, 247WallSt said the stock soared 23% in its headline, noting a peak of 26% during midday trading [5].
Investors showed significant enthusiasm for the stock, sparking a broader market rally [8]. The scale of the IPO is unprecedented for the aerospace sector, setting a new benchmark for capital raising in the industry.
Elon Musk, the founder of SpaceX, saw his personal wealth increase significantly as a result of the public listing [5]. The influx of capital provides the company with substantial resources to fund its ongoing missions, and technological developments.
“SpaceX shares rose between 19% and 26% on Friday, June 12, 2026”
This IPO represents one of the largest public offerings in history, signaling immense investor confidence in the commercialization of space. By achieving a valuation near $1.8 trillion, SpaceX has moved beyond the status of a specialized contractor and has become a systemic pillar of the global financial market, potentially altering how capital is allocated toward deep-space exploration and satellite infrastructure.
