SpaceX Launches Record-Breaking IPO, Shares Soar
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SpaceX Launches Record-Breaking IPO, Shares Soar
- SpaceX completed its initial public offering on June 12, 2026, raising an unprecedented $75 billion, making it the largest global IPO in history.
- The company's shares, trading under the ticker SPCX, debuted on the Nasdaq at $150 and closed at $160.95, with JPMorgan Chase serving as one of the joint bookrunners.
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SpaceX, the aerospace manufacturer and space transportation services company founded by Elon Musk, successfully launched its initial public offering (IPO) on June 12, 2026. The offering, which priced at $135 per share for 555.6 million shares, raised $75 billion, officially making it the largest global IPO ever, significantly surpassing previous records set by Saudi Aramco in 2019.
Upon its debut on the Nasdaq, SpaceX stock (SPCX) opened at $150 per share and closed its first day of trading at $160.95, an increase of 19% from its initial offer price.