SpaceX Share Price Soars on Historic Market Debut — What Investors Need to Know

The SpaceX share price surged when Elon Musk’s rocket and satellite company began trading publicly on June 12, 2026. Shares opened at $150 on Nasdaq, immediately rising 11% above the $135 initial public offering price before climbing beyond $160 during early trading.

The debut transformed SpaceX from one of the world’s most valuable private businesses into a publicly traded giant worth more than $2 trillion at its intraday peak. However, investors are buying into an expensive and unusually complex company whose enormous ambitions are accompanied by heavy spending, significant losses and concentrated control.