SpaceX IPO Goes Live: $SPCX Begins Trading on Nasdaq

📌 UPDATE — June 16, 2026

SpaceX shares have surged 12.56% in overnight trading on Robinhood, jumping from the $135 IPO price to $216.59 — implying a market cap of approximately $2.7 trillion. Additionally, every eligible retail investor who requested shares through Robinhood, Charles Schwab, Fidelity, and SoFi was confirmed to have received at least one IPO share allocation. Robinhood alone served 855,424 customers in the offering, underscoring the unprecedented breadth of retail participation in this IPO.

📌 UPDATE — June 15, 2026

SpaceX's IPO raise has been revised upward significantly: the company reportedly pulled in $85.7 billion — well above the $75B figure reported at pricing. Elon Musk has also officially launched a SpaceX investor relations channel, signaling a new era of financial transparency for the company now that it is publicly traded.

📌 UPDATE — June 15, 2026

SpaceX has officially closed its IPO, raising a record-breaking $85.7 billion — the largest amount ever raised in a public offering — by selling 638,888,888 shares of Class A common stock. This surpasses the previously reported $75B raise figure and rewrites IPO history. Separately, veteran investor Ron Baron revealed he personally purchased $1 billion worth of $SPCX shares last Friday, bringing Baron Capital's total SpaceX holdings to an eye-popping $25 billion. Baron expressed extreme long-term conviction, stating he believes the firm will generate "hundreds of billions of dollars" for investors.

📌 UPDATE — June 14, 2026

Retail investor demand for $SPCX proved historic on day one: individual investors purchased $118 million worth of SpaceX stock during the IPO session, making it the largest retail IPO buy-in on record according to Vanda Research. The figure underscores just how much pent-up demand existed among everyday investors who had long been locked out of SpaceX as a private company. The strong retail showing suggests the Fidelity access program drove meaningful participation beyond institutional allocations.

📌 UPDATE — June 13, 2026

Ark Invest has made a major move on $SPCX's first trading day, reportedly purchasing approximately $500 million worth of SpaceX stock — a significant institutional vote of confidence in the newly public space company. The purchase, flagged by tech reporter Sawyer Merritt, suggests Cathie Wood's firm is betting heavily on SpaceX's long-term growth trajectory following the $135/share IPO. This single buy represents a substantial slice of the $75B raise and could help anchor the stock's early price stability as retail investors continue to gain access through platforms like Fidelity.

📌 UPDATE — June 12, 2026

SpaceX ($SPCX) has closed its first day of trading at $160.95, a gain of 19.22% above the $135 IPO price. The strong debut suggests institutional and retail demand well exceeded initial expectations, with the stock holding its intraday gains through the close. This makes $SPCX one of the more notable first-day IPO performances in recent memory for a mega-cap offering.

📣 @SawyerMerritt via X — June 12, 2026

📌 UPDATE — June 12, 2026

$SPCX has surged from its $135 IPO price to $170/share on its first trading day, pushing SpaceX's market cap to $2.22 trillion — a 26% jump from IPO pricing. The company has rocketed past TSMC to become the 6th most valuable company in the world, meaning Elon Musk now runs two top-10 companies globally (alongside Tesla). The rapid climb unfolded within hours, with SpaceX briefly ranking 7th before overtaking TSMC shortly after.

📌 UPDATE — June 12, 2026

$SPCX has officially begun trading on Nasdaq, with the first trade confirmed at approximately $150/share — a notable premium over the $135 IPO pricing. Nasdaq indicated a first trade price of $158/share ahead of the open, before settling back to $150 at the time of the first confirmed transaction. SpaceX itself marked the moment with a "Liftoff!" post on X, confirming the milestone for the company's public market debut.

📌 UPDATE — June 12, 2026

Nasdaq is currently indicating a first trade price of approximately $175 per share for $SPCX — a significant jump above the $135 IPO pricing. As analyst Sawyer Merritt notes, it's normal for first trades to begin several hours after the 9:30 AM ET market open, and the indicated price remains subject to change as order books are finalized. If the $175 level holds, early IPO allocants would be sitting on roughly a 30% gain before the opening bell trade even prints.

📣 @SawyerMerritt via X · June 12, 2026

📌 UPDATE — June 12, 2026

Demand for the SpaceX IPO far exceeded expectations, with the offering reportedly coming in nearly 5x oversubscribed — meaning investor orders were roughly five times greater than the shares available. The overwhelming appetite signals exceptionally strong institutional and retail confidence in SpaceX's long-term trajectory, spanning Starlink's satellite internet expansion and the ongoing Starship development program. At the $135/share IPO price, the oversubscription level suggests significant buy pressure could drive $SPCX higher in early trading sessions as unfilled orders chase shares on the open market.

via @SawyerMerritt · June 12, 2026

📌 UPDATE — June 12, 2026

SpaceX IPO day is officially here, with retail investors now able to directly own shares in SpaceX for the first time. Notably, the public offering also extends beyond SpaceX alone — everyday investors are now shareholders in xAI and X (formerly Twitter) as part of the same offering, broadening the scope of Musk's ventures going public simultaneously. Prominent Tesla and SpaceX commentator Sawyer Merritt called it "the most ambitious mission in human history" opening to ordinary investors, while Whole Mars Catalog noted that millions of people now hold a piece of all three companies.

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