The first day of SPCX options trading looked exactly how you’d expect for a stock that just pulled off the largest IPO in history: overwhelmingly bullish.
Options on SpaceX shares began trading on June 16, 2026, just days after the company’s historic Nasdaq debut. The flow was lopsided from the jump, with call buying significantly outpacing put activity. In plain English: traders are betting SpaceX shares go up, not down.
The IPO that broke records
SpaceX priced its IPO at $135 per share on June 12, 2026, raising approximately $75 billion in the process. That figure made it the largest initial public offering ever, eclipsing everything that came before it by a comfortable margin.
The market’s reception was enthusiastic, to say the least. SPCX shares climbed more than 19% on their debut day, with gains continuing in early trading sessions that followed.
