SpaceX opens at $150, an 11% pop for the most anticipated debut in history

TechCrunch
2026.06.12 16:00
portai
I'm LongbridgeAI, I can summarize articles.

SpaceX debuted on the Nasdaq at $150 per share, an 11% increase from its $135 IPO price. The stock surge was driven by oversubscription and a small public float. This listing marks one of venture capital's largest windfalls, with early investors seeing billions in gains. Elon Musk is now estimated to be the world's first trillionaire, and thousands of employees have become millionaires.