Elon Musk's SpaceX rallies 20% in blockbuster Nasdaq debut
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SpaceX shares opened at $150 on Friday before rising to $162, marking a strong start to one of the most closely watched stock market debuts in recent years.
Key facts
Bitcoin BTC $ 63,521.67 was roughly flat at $63,400, while AI-related crypto stocks saw modest gains
At bitcoin’s recent price of around $63,500, those holdings are worth under $1.2 billion
SpaceX shares opened at $150 on Friday before rising to $162, marking a strong start to one of the most closely watched stock market debuts in recent years
Io.net's IDE ties token burns to real GPU demand, replacing fixed emissions with a demand-linked model
live as of 11 June 2026
Summary
The stock is trading under the ticker SPCX and had priced its record-setting initial public offering at $135 a share, raising $75 billion and valuing the company at about $1.8 trillion. Bitcoin was roughly flat, while AI-related crypto stocks were in the green. The aerospace and satellite internet company priced its initial public offering at $135 per share on Thursday. Bitcoin BTC $ 63,521.67 was roughly flat at $63,400, while AI-related crypto stocks saw modest gains.