SpaceX Goes Public: Record $75B IPO Transforms Space Industry
Original: SpaceX is public: Everything you need to know post-IPO
Why This Matters
Largest IPO in history signals major institutional validation of space industry commercialization and Starlink's market value.
SpaceX completed the largest IPO in history on June 12, 2026, pricing 555.6 million shares at $135 each to raise $75 billion. Shares opened at $150 on Nasdaq, up 11%, and closed at $160.95, gaining 19% on debut day with continued strength in subsequent trading.
SpaceX became a publicly traded company following the completion of its initial public offering, marking a historic moment for the aerospace and satellite communications industry. The company priced 555.6 million shares at $135 per share, raising $75 billion total — the largest IPO in history. Shares opened on June 12, 2026, at $150 on the Nasdaq exchange, representing an 11% pop from the offering price. Trading volume was exceptionally heavy, with Robinhood reporting record-breaking traffic on its platform following the debut. On the first full day of trading, SpaceX shares climbed further, gaining more than 15% to reach $186.15 by 2:30 p.m. ET. Throughout the opening week, shares continued to rise, with intraday gains reaching 30% at one point, and closing at $160.95 on debut day (up 19%). The IPO generated approximately $500 million in total underwriting fees, with Goldman Sachs and Morgan Stanley identified as the largest beneficiaries. SpaceX COO Gwynne Shotwell made notable comments during a CNBC interview on June 12, including a suggestion that a merger between SpaceX and Tesla might benefit founder Elon Musk. Musk used his X platform to express appreciation for SpaceX employees, stating 'I love the incredible people of SpaceX beyond words,' and shared IPO-related posts, including imagery of insiders wearing green shoes — an apparent reference to the green shoe option provision in IPO underwriting agreements.