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.
SpaceX Goes Public in Blockbuster Wall Street Debut
Gwynne Shotwell (at podium, center R), SpaceX president and COO, 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. Timothy A. Clary/AFP via Getty Images
|Updated:
0:00

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.

Shares gained more than 20 percent, trading above $165 at 12 p.m. The double-digit gain brought the company’s value to $2.2 trillion.

Google LogoMark Us Preferred on Google
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."