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Jun 12, 2026 12:20 PM

SpaceX Starts Trading At $150, Before Rising To $165: 'Liftoff', Says Elon Musk-Led Company

Space Exploration Technologies Corp. (NASDAQ:SPCX) opened at $150 per share Friday, per Benzinga Pro data, delivering an initial 11% pop over its $135 IPO price in the largest public offering in history. The shares subsequently climbed to trade at $165 at the time of publication.

SPCX stock is trading now. See the chart and price action here.

SPCX Opens For Trading

The $150 opening price values SpaceX at roughly $1.96 trillion, adding approximately $197 billion in market cap above its IPO-night valuation of $1.77 trillion.

The debut came after SpaceX priced 555.6 million Class A shares at a fixed $135 each, raising $75 billion while demand for the offering topped $250 billion, nearly four times the available float, according to Bloomberg.

Goldman Sachs served as lead bookrunner, alongside Morgan Stanley, Bank of America, Citigroup and JPMorgan Chase, across ...