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SpaceX jumps after record $75 billion IPO
NDTV Profit··13 Jun
NDTV Profit reported that SpaceX shares climbed in their first day of trading after a record $75 billion IPO. The stock rose as high as $176.52, about 31 percent above its offering price, sending the company's market value above $2 trillion.
Prism
What It Means For You
- SpaceX's IPO gives public investors access to a company central to rockets, satellites and space infrastructure.
- High valuation and low float can create volatility for retail investors.
- The listing may open the door for more large AI and space-related IPOs.
What's Happening
- SpaceX shares jumped up to 31 percent in first trades.
- The IPO raised $75 billion, the largest ever reported by the article.
- The market cap crossed $2 trillion and Musk became the world's first trillionaire.
Market Debate
- SpaceX has strong demand but also reported a net loss in early 2026.
- Index inclusion can force additional buying by benchmark-tracking funds.
- Musk's control and governance structure will be closely scrutinised as a public company.
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