SpaceX Debuts at $150, Hits $2.1 Trillion Valuation, Employees Get Millions

PSPAC•

2026-06-12

SpaceX debuted on Nasdaq at $150 per share after an IPO price of $135, valuing the company at $2.1 trillion and making Elon Musk the first trillionaire. Early employees’ options converted into overnight millionaires as investors weigh AI infrastructure, Starlink, and Mars-colonization upside.

1. IPO Pricing and Debut

SpaceX set its IPO at $135 per share and debuted on Nasdaq trading at $150 per share, reflecting strong immediate demand.

2. Record-Breaking Valuation

The opening price valued SpaceX at $2.1 trillion, making it one of the highest market capitalizations in history and elevating Elon Musk to the world's first trillionaire.

3. Employee Equity Windfalls

Current and former SpaceX employees saw their stock options convert into roughly one million dollars in paper gains, creating a new class of overnight millionaires within the company.

4. Investor Focus on Growth Drivers

Investors are evaluating SpaceX’s long-term potential in AI infrastructure, satellite internet via Starlink, data centers in orbit, and eventual Mars colonization as key growth catalysts.