SpaceX Debuts at $161 Close, Raises $75B in Record $1.7T IPO
SPCX•SpaceX shares debuted at $135 per share, opened at $150 and closed at $161, raising $75 billion at a $1.7 trillion valuation. The offering ranks as the largest IPO on record and coincided with an $85.85 million inflow into Bitcoin spot ETFs, reinforcing positive market momentum.
1. IPO Pricing and Trading
On June 12, SpaceX priced shares at $135, opened at $150 and closed at $161 on Nasdaq under ticker SPCX, representing a 19.3% gain over the offer price.
2. Record-Breaking Proceeds
The offering generated $75 billion in proceeds, making it the largest IPO ever by capital raised.
3. Valuation Metrics
At the close of trading, SpaceX held a market capitalization of $1.7 trillion, placing it among the world’s most valuable companies.
4. Market Sentiment Boost
The debut coincided with an $85.85 million net inflow into Bitcoin spot ETFs, supporting broader technology sector optimism.
