SpaceX IPO Soars 56%, Raises $75B, Sparks Tesla-Like Crash Warnings
TSLA•SpaceX shares jumped 56% from an $135 IPO price to $213.95, raising $75B and briefly hitting a $3T valuation based on $18.7B 2025 revenue projections, while 500,000 options contracts traded in one hour on a 3-5% float. Traders warn of a Tesla-like post-IPO crash, stoking volatility fears for Musk-linked stocks.
1. Record SpaceX IPO Debut
SpaceX priced its shares at $135 on June 12, raising $75 billion—the largest IPO in history—and immediately ranking the company among the most valuable U.S. firms.
2. Soaring Valuation and Options Surge
After opening, shares climbed to $213.95, implying a $3 trillion valuation on $18.7 billion of projected 2025 revenue, while 500,000 options contracts traded in the first hour against a 3-5% tradable float.
3. Tesla Comparison and Crash Fears
Some analysts warn the stock could follow Tesla’s 2010 pattern of a 60-70% initial pump followed by a steep correction, pointing to thin float and potential selling pressure.
4. Elon Musk’s Trillionaire Milestone
Elon Musk’s net worth jumped by roughly $165 billion to $1.11 trillion in a single trading day, cementing his status as the world’s first verified trillionaire and amplifying attention on his publicly traded ventures.
