IPO

SPCX Hits $182 on Day Two: SpaceX Valuation Reaches $2.38 Trillion

SPCX traded at $182.21 on Monday, June 15, 2026 — up 13.21% from Friday's close — as SpaceX's market capitalization reached $2.38 trillion. Underwriters exercised the full greenshoe option, lifting the total IPO raise to $86.25 billion.

Source: Google Finance, SPCX:NASDAQ — June 15, 2026, 3:24 PM ET.

Two sessions after the largest public offering in history, SPCX opened at $171.74, hit an intraday high of $188.80, and pulled back to $182.21 in afternoon trading. Volume reached 204.7 million shares — nearly double the mid-morning pace reported earlier in the session. At the $135 IPO price, SPCX is now up approximately 35% from where shares were sold to investors just days earlier.

Day One vs. Day Two

SpaceX debuted on the Nasdaq under ticker SPCX on June 12, 2026. The company priced 555.6 million Class A shares at $135 each — a $75 billion raise at a $1.75 trillion valuation. Shares opened at $150, ran as high as $176.52 intraday, and closed at $160.95 for a 19.2% first-day gain.

Monday's session extended the rally. SPCX traded between $168.35 and $188.80 — breaching its prior all-time high set on debut day. MSCI early-inclusion rules took effect June 13, placing SPCX among the largest constituents in the MSCI World and MSCI ACWI indices and creating structural demand from passive funds tracking those benchmarks.

SPCX trading snapshot — Google Finance, June 15, 2026, 3:24 PM ET.
Metric Value
Last price $182.21
Day change +13.21% (+$21.26 vs. $160.95 close)
Open / High / Low $171.74 / $188.80 / $168.35
Market cap $2.38 trillion
Volume 204.72 million shares
Gain vs. IPO ($135) +34.9%
52-week range $150.00 – $188.80
SPCX trading milestones — IPO week (reported market data, June 2026).
Date Event Price / outcome
June 11 IPO priced $135/share — $75B raise
June 12 Nasdaq debut (Day 1) Open $150 → close $160.95 (+19.2%)
June 12 Falcon 9 Starlink launch 650th Falcon 9 flight — 29 satellites
June 13 MSCI early inclusion Passive index rebalancing begins
June 15 Day 2 trading $182.21 (+13.21%) — high $188.80 — mcap $2.38T
June 15 Greenshoe exercised Total raise → $86.25B

Greenshoe: $75 Billion Becomes $86.25 Billion

On Monday, underwriters led by Goldman Sachs, Morgan Stanley, and JPMorgan exercised SpaceX's full greenshoe overallotment option — adding roughly 83.3 million shares and $11.25 billion to the base $75 billion offering. Total capital raised from the IPO now stands at approximately $86.25 billion, the largest technology public debut on record.

The greenshoe exercise signals institutional demand exceeded the initial allocation. Buyers who missed the primary offering or wanted to increase positions absorbed the additional shares — a notable outcome for a deal already sized at historic scale.

Musk Crosses Trillionaire Status 

SpaceX's rapid public-market ascent pushed Elon Musk's net worth past $1 trillion — making him the first person to reach that milestone, according to widespread reporting tied to his ~82% voting stake in the company. Musk rang in the listing from Starbase in Texas while President Gwynne Shotwell and CFO Bret Johnsen opened the Nasdaq bell in New York.

At a $2.38 trillion market capitalization, SpaceX ranks among the most valuable publicly traded companies in the world — in the same neighborhood as Apple and Microsoft.

What the Capital Funds

SpaceX's S-1 and public statements outline where the IPO proceeds are headed — and the list extends well beyond launch services:

  • Starlink expansion — constellation growth, aviation and maritime connectivity, direct-to-cell services
  • Starship development — full reusability, lunar lander contracts, Mars architecture
  • AI infrastructure — Colossus data centers on Earth, Grok model training, Terafab chip manufacturing with Tesla and Intel
  • Orbital compute — AI1 satellite prototypes targeting early 2027 launch, Gigasat factory expansion in Bastrop, Texas

Musk told employees at Starbase ahead of the opening bell that he originally gave SpaceX "less than a 10% chance of succeeding at all." The company marked listing day with its 650th Falcon 9 flight — Starlink satellites deployed from Cape Canaveral roughly an hour before the Nasdaq open.

Space Stocks Rotate

SPCX's debut pulled capital toward the new listing and away from smaller space names. Rocket Lab and Planet Labs each fell roughly 8%. Intuitive Machines dropped about 11%. AST SpaceMobile lost more than 12%. Virgin Galactic declined close to 28%, according to Reuters reporting — a rotation pattern common when a sector-defining IPO absorbs investor attention and liquidity.

What to Watch Next

  1. First earnings report — expected September 2, 2026; first public quarter for Starlink subscriber data and xAI capex figures
  2. Lockup schedule — insiders face a 180-day lockup with staged release windows after the first earnings report
  3. Starship flight 13 — next test flight timing not yet confirmed; Starlink V3 deployment planned for second half of 2026
  4. AI1 prototype timeline — early 2027 launch target for orbital data center satellites
  5. Index weight adjustments — continued MSCI and Nasdaq-100 float calculations with limited public share supply

The Bottom Line

SpaceX's second day on the Nasdaq confirmed what the first session suggested: public markets are pricing the company as a combined space, connectivity, and AI platform — not a launch contractor alone. SPCX traded at $182.21 — roughly 35% above its $135 IPO price — with a new intraday high of $188.80. The greenshoe brought total raised capital to $86.25 billion.

The engineering roadmap behind the valuation — Starlink at scale, Starship reusability, Colossus compute, and AI1 orbital data centers — remains the long-term story. The stock price is the headline. The product pipeline is what comes next.

FAQ

What is SPCX trading at today?

As of June 15, 2026, 3:24 PM ET, SPCX traded at $182.21 on the Nasdaq — up 13.21% from Friday's $160.95 close, according to Google Finance.

What is SPCX?

SPCX is the Nasdaq ticker symbol for Space Exploration Technologies Corp. (SpaceX). The company began public trading on June 12, 2026, after pricing the largest IPO in history at $135 per share.

How much did SpaceX raise in its IPO?

SpaceX initially raised $75 billion at the $135 offer price. After underwriters exercised the full greenshoe option on June 15, 2026, the total raise grew to approximately $86.25 billion.

Where did SPCX close on its first day?

SPCX closed at $160.95 on June 12, 2026 — a 19.2% gain from the $135 IPO price. The stock opened at $150 and reached an intraday high of $176.52.

When is SpaceX's first earnings report?

SpaceX's first public earnings report as a listed company is expected on September 2, 2026, covering Q2 2026 results including Starlink and xAI segment data.

Market data sourced from Google Finance (SPCX:NASDAQ) as of June 15, 2026, 3:24 PM ET. IPO figures from SpaceX public filings.

Disclaimer: SPCXNews is an independent publication and is not affiliated with, endorsed by, or connected to SpaceX, Starlink, xAI, Tesla, X Corp., Neuralink, The Boring Company, or Elon Musk. Nothing on this page is investment advice. Always do your own research and consult a licensed financial advisor before making investment decisions. See our Terms.

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