SpaceX Reaches Sixth-Largest Market Cap on First Trading Day

SpaceX closed its first trading session on June 12, 2026, as the sixth-largest public company by market capitalization, a valuation tier typically reserved for enterprises with decades of public history. The company priced its IPO at $135 per share, closed at $160.95, and raised over $75 billion. The speed of this arrival reflects Starlink's orbital infrastructure and the launch business's market dominance.