SpaceX Opened at $150: What Else Happened on Day 1?
SpaceX completed its public debut on June 12, 2026, opening at $150 per share after pricing its IPO at $135. The stock closed its first trading session at $160.95, delivering a 19.2% first-day gain and valuing the company at $2.1 trillion market cap—placing it among the world's most valuable publicly traded entities.
The IPO's pricing structure gave early investors an immediate 11% gain at the open, with momentum building through the session. The $2.1 trillion valuation puts SpaceX in rarefied company among global mega-caps.
Competing space sector stocks sold off sharply on SpaceX's debut, suggesting potential portfolio rotation as investors reallocated capital into the newly public shares. The source material indicates meaningful declines across other space companies, though specific tickers and percentage moves were not detailed.