SpaceX didn’t just go public. It went supernova.
The Elon Musk-founded aerospace giant saw its shares climb as high as $176 on its first day of trading, a roughly 30% jump from its $135 IPO price. That intraday peak came after the company raised $75 billion by selling 555.6 million shares, making it the largest initial public offering in recorded history. And then, almost as an afterthought, underwriters moved to sell an additional 83.3 million shares through a greenshoe option, potentially pushing total proceeds to around $86 billion.
For context, the previous record-holder for largest IPO was Saudi Aramco’s 2019 listing, which raised roughly $25.6 billion. SpaceX tripled that. In one day.
First day fireworks under the SPCX ticker
Shares began trading on the Nasdaq under the ticker SPCX on June 12, 2026, opening at $150, already an 11% premium to the IPO price.
