SpaceX IPO

Tech megacaps

Movers

Winners

TSLA399.15+4.60%
QQQ717.12+3.38%
NVDA204.87+2.22%
SPY737.76+1.70%
AMZN241.51+1.47%

Losers

MSFT390.34-1.77%
META568.43-0.45%

Ipo Details

SpaceX has recorded a blockbuster debut at Wall Street with a $75 billion IPO at $135 a share [1]. The sale breaks the previous record for the largest-ever IPO held by state-run oil giant Saudi Aramco [1]. Elon Musk's company is selling 555.6 shares at $135 a piece, raising $75 billion in the largest IPO on record [3].

Market Impact

The recent pull-back in the stock market has been reframed as an opportunity by Wall Street Strategist Emily Roland [2]. She stated that the market has been on a momentum freight train since the market lows back in late March, and the recent selloff is not overly surprising [2]. The SPY index may be due for a rebound, making it a “buyer’s dream” [2].

Valuation

SpaceX is valued at $1.77 trillion after the record-setting IPO [4]. The company's valuation is driven by growth from its Starlink division [4]. The IPO has raised $75 billion, with TSLA likely to be impacted by the news.

Watch

SpaceX Nasdaq debut
TSLA stock movement
SPY index rebound

Sources

[1]Elon Musk's SpaceX records blockbuster debut at Wall Street: $75 billion IPO at $135 a sharelivemint.com · 2026-06-12T00:58Z
[2]Wall Street Strategist: Stock Market Just Became a “Buyer’s Dream” After Recent Pull-BackYahoo · 2026-06-12T00:38Z
[3]SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaitscnbc.com · 2026-06-11T23:35Z
[4]SpaceX IPO raises $75 billion, values Elon Musk’s company at $1.77 trillionthehindubusinessline.com · 2026-06-11T22:40Z

analyst · Groq · llama-3.3-70b · regenerates every 6h

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