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Shares Open at $150, Surge to Close at $172.17
On its Nasdaq debut, SpaceX opens above the offer price and rallies 27.5% to close at $172.17, pushing market cap above $2 trillion.
Falcon 9 Launch from Cape Canaveral
In the same morning, a Falcon 9 rocket launches 29 Starlink satellites to low-Earth orbit, demonstrating the company's operational cadence on IPO day.
Opening Bell Ceremony at Nasdaq
Gwynne Shotwell rings the Nasdaq opening bell in New York; Elon Musk participates remotely from SpaceX’s Starbase in Texas.
SpaceX Prices IPO at $135 per Share
Late Thursday, SpaceX fixes its IPO offer price at $135, bypassing traditional roadshow book-building, set to raise ~$75 billion on 555.6 million shares.
SpaceX’s Nasdaq debut ended with a $2T+ market cap as shares surged 27.5% to $172.17, raising $75B. The listing cements the company as the commercial space sector’s funding juggernaut and a critical defense asset, with implications for NASA contracts, national security launch dependence, and the competitive landscape for military space systems.