SpaceX shares closed approximately 19% higher [1] on June 12, 2026, following a historic $75 billion initial public offering [3].
The debut marks a pivotal shift for the aerospace company, transitioning from a private entity to one of the most valuable public companies in the world.
The company, founded by Elon Musk in 2002 [6], listed its shares on the Nasdaq. To raise the $75 billion in proceeds [3], SpaceX sold more than 555 million shares at a price of $135 each [4]. This surge in investor demand drove the share price up by 19% [1] by the time the market closed on Friday.
This financial milestone pushes the total valuation of the company to nearly $1.8 trillion [5]. The scale of the IPO is record-breaking for the industry, providing the company with significant capital to fund its ambitious orbital and interplanetary goals.
The market response indicates strong confidence in the company's current trajectory and its ability to dominate the launch market. By opening its ownership to the public, SpaceX has created a massive liquid asset for early investors and employees who held equity during its years as a private firm.
“SpaceX shares closed approximately 19% higher on June 12, 2026”
The successful transition to a public company provides SpaceX with an unprecedented capital reserve to accelerate the development of its next-generation launch systems. A valuation nearing $1.8 trillion places the company in an elite tier of global corporations, signaling that investors view space infrastructure as a primary driver of future economic growth rather than a speculative venture.
