✅ Confirmed
General
Noticia
SpaceX IPO debuts with $2.2 trillion valuation, surpassing Tesla and TSMC
SpaceX launched its initial public offering (IPO) on June 12, 2026, trading on Nasdaq under the ticker SPCX. The company sold 555,555,555 Class A shares at $135 each, raising about $75 billion before underwriter options. Demand was nearly five times oversubscribed, with over $350 billion in orders. The stock opened at $150 and rose to $170, pushing market capitalization to $2.2 trillion, surpassing Tesla and TSMC. Tesla owns nearly 19 million SpaceX shares following the xAI acquisition. President Gwynne Shotwell dismissed immediate focus on a Tesla merger, prioritizing current operations and p
- SpaceX sold 555,555,555 Class A shares at $135 each
- Market capitalization reached $2.2 trillion after Nasdaq debut
🔎 Why it matters: SpaceX's IPO under ticker SPCX with a $2.2 trillion valuation reshapes tech company rankings.
📈 Upside: Strong demand and retail investor allocation broaden shareholder base and liquidity.
📉 Risk: President Shotwell’s lack of focus on a Tesla merger leaves potential synergies unresolved.
🤖 Automated analysis and summary. Every story links its original source for verification.