SpaceX (SPCX) debuted on the Nasdaq on June 12, 2026, in the largest initial public offering in history. The company’s market valuation exceeded $2.1 trillion during its first day of trading. SpaceX now ranks as the sixth most valuable company in the United States.
Shares priced at $135 and opened for trading at $150. The stock closed its first day with a gain of more than 19%.
SpaceX’s market capitalization now surpasses the $1.5 trillion valuation of Tesla (TSLA). CEO Elon Musk became the world’s first trillionaire following the debut. Musk’s personal net worth now exceeds $1 trillion.