SpaceX opened trading at $150 on the Nasdaq under the ticker SPCX, following the largest-ever initial public offering that set the stage for Elon Musk to become the world’s first trillionaire.
Timeline
JUNE 12, 2026SpaceX opened trading just before noon at $150, rising nearly 20% to around $161.75 shortly after its debut.
SpaceX executives rang Nasdaq’s opening bell in New York City, and initial projections had SpaceX opening at $175 in what would have been a 30% jump for the stock, according to multiple reports.
The debut made Musk the world’s first trillionaire, with his fortune estimated at $1.1
Our editorial team includes several staff writers, each contributing their specialized knowledge to enhance the depth and breadth of our event and story coverage.