SpaceX Enters Elite Market Club on First Day as Public Company

SpaceX debuted on June 12, 2026, as the sixth-largest publicly traded company by market value—a tier usually held by firms with decades of trading history. The IPO priced at $135 per share, closed at $160.95, and raised over $75 billion. The rapid ascent reflects Starlink's orbital footprint and SpaceX's dominance in commercial launches.