SpaceX shares opened June 12 at $150 on the Nasdaq public exchange
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In midday trading, SpaceX shares soared 30%.
Key facts
For instance, SpaceX lost $4.9 billion on revenues of over $18 billion in 2025
The company priced its 555.6 million shares at $135 each to raise $75 billion, making it the largest IPO in history and turning Musk into the world’s first trillionaire
SpaceX shares opened June 12 at $150 on the Nasdaq public exchange, an 11% pop for the most anticipated debut in history
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Summary
SpaceX has captured the attention of media, investors, and the public for years now, interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and, of course, for its founder and CEO Elon Musk. But in its 24-year history, nothing compared to its initial public offering. TechCrunch has followed SpaceX’s start, struggles, and successes from the early days. On its first full day of trading, SpaceX shares pushed even higher. SpaceX shares opened June 12 at $150 on the Nasdaq public exchange, an 11% pop for the most anticipated debut in history. SpaceX shares closed at $160.95, up 19%.