SpaceX just pulled off something no company has ever done before. Its IPO raised $75 billion, obliterating every previous record and landing at an initial valuation somewhere between $1.77 trillion and $1.8 trillion.
And then the real fun started. The stock, trading on Nasdaq under the ticker SPCX, has been whipping around since its debut, giving investors the kind of volatility usually reserved for meme coins and earnings-day tech plays.
A debut for the history books
SpaceX priced its shares at $135 on June 11-12, 2026. By the close of the first trading day, the stock had surged to roughly $161, a 19.2% pop that alone would have made it one of the most successful large-cap IPOs in recent memory.
But it didn’t stop there. By the end of the second trading day, shares had climbed to approximately $192.50. That’s a 20% gain in just 48 hours from the first-day close, or about 43% above the IPO price for anyone doing the math.
