SpaceX Completes History's Largest IPO, Debuts on Nasdaq at $2.1 Trillion Valuation

SpaceX priced its initial public offering at $135 per share on June 11, 2026 and began trading on the Nasdaq under ticker 'SPCX' on June 12 — the largest IPO in history, raising roughly $75 billion (later $85.7 billion including the underwriters' overallotment). Shares opened at $150 and closed the first session at $161.11, up 19% from the offer price, lifting SpaceX's market capitalization to about $2.1 trillion. The IPO prospectus had framed Starlink's mission to connect the roughly 2.6 billion people still offline worldwide as central to the company's growth case, with Starlink reporting $11.39 billion in 2025 revenue and 10.3 million subscribers in Q1 2026. The listing makes SpaceX one of the most valuable publicly traded companies globally and provides fresh capital for continued Starlink constellation expansion.