SPCX Shares to Open 27% Above Set $135 SpaceX IPO Price

SpaceX debuts on Nasdaq with strong indication at $171, 27% above $135 IPO price, pushing valuation toward $2.24 trillion.

The offering is said to have drawn over $250 billion institutional orders, bringing the total demand to about $350 billion in one of the most anticipated and largest market debuts ever.

SPCX Live on Nasdaq: SpaceX Finally Opens Shares for Public Trading

Shares are indicated to open at $171, representing an approximate 27% pop from the IPO price.

This would value the company at roughly $2.24 trillion on debut and make Elon Musk the world’s first trillionaire on paper.

The offering raised approximately $75 billion and gives the rocket and satellite giant a massive $1.77 trillion market capitalization from day one.

.@SpaceX listing day is here. Watch live. $SPCX https://t.co/VTXg0N2TBc

— Nasdaq (@Nasdaq) June 12, 2026

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Elon Musk said when he launched SpaceX, he gave the company “less than a 10% chance” of succeeding.

Early indications pointed to a strong opening pop of 25-30% above the IPO price, which would push the stock toward $168–$175. The 27% score at $171 is not a mean feat.

This marks the public debut of the space economy’s dominant player, Starlink’s subscriber and revenue ramp, reusable rocket leadership, defense contracts, and AI/orbital upside now available to public investors.

Notably, the $171 opening falls significantly lower than veteran New York Stock Exchange floor trader Peter Tuchman predicted.

Prediction market bettors on Kalshi now see Elon Musk hitting a net worth of almost $1.5 trillion this year.

With tiny float, overwhelming demand from institutions and retail alike, and looming passive ETF/index buying, the debut shaped up as one of the most volatile and watched in market history.

Before trading starts, Nasdaq runs a price-discovery auction to match orders. No trades occur until supply and demand balance.

Major IPOs like Google and Meta often delayed over 2 hours.

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