Elon Musk’s SpaceX began trading on June 12 at 10 a.m. under the SPCX ticker on the Nasdaq in what is the largest initial public offering (IPO) in history.
It has been looking to raise $75 billion by selling 555.6 million shares at $135 apiece.
SpaceX Goes Public in Blockbuster Wall Street Debut
‘SpaceX is going to be the bellwether’ for the IPO market this summer, says Mark Klein, president and CEO at SuRo Capital.
Gwynne Shotwell (at podium, center R), SpaceX President and Chief Operating Officer, is joined by SpaceX executives and employees as they ring the opening bell at the Nasdaq MarketSite to celebrate the launch of SpaceX's initial public offering (IPO) in New York on June 12, 2026. Elon Musk's SpaceX begins trading on the Nasdaq exchange on Friday with the biggest initial public offering in history expected to make the polarizing entrepreneur the world's first trillionaire. The company priced more than 555 million shares at $135 each in a filing with the US markets regulator on Thursday, placing SpaceX in the top 10 of Wall Street's biggest companies with a valuation of just under $1.8 trillion -- ahead of Tesla, Facebook-owner Meta and Walmart. Photo by TIMOTHY A. CLARY / AFP via Getty Images
