SpaceX launched its Nasdaq debut on June 12, 2026 under the ticker SPCX, pricing the initial public offering at $135 per share and securing a $75 billion capital raise.
IPO Pricing and First‑Day Trading
The stock opened at $150, surged to an intraday peak of $176.52, and settled near $161, marking a roughly 19% gain over the IPO price. This performance lifted SpaceX’s market valuation above $2 trillion on the opening day.
After the bell, the shares climbed an additional 3.5%, reinforcing investor confidence and extending the upward momentum into after‑hours trading.
Retail Investor Activity
Vanda Research reported that SPCX became the most purchased stock among retail investors on its debut, with net retail purchases exceeding those of Nvidia by more than 3.5 times. Over 490 million shares exchanged hands, positioning SpaceX among the most actively traded listings in recent memory.
The intense demand reflected years of anticipation from investors who followed SpaceX while it operated as a private company.
Crypto Market and Tokenized Equity Response
Tokenized equity platforms recorded a sharp increase in trading volume tied to SPCX, linking the traditional stock market to blockchain‑based assets. Crypto investors leveraged the debut to diversify holdings, driving notable activity across related tokens.
The convergence of equity and crypto markets highlighted the growing role of blockchain technology in facilitating broader investor participation.