SpaceX has officially launched its initial public offering (IPO), pricing 555.6 million shares at $135 each, raising a record $75 billion, making it the largest IPO in history. Shares opened at $150 on the Nasdaq, reflecting an 11% increase, and rose by 30% during midday trading before closing at $160.95, up 19%. Robinhood reported record-breaking traffic on its platform following the IPO. SpaceX COO Gwynne Shotwell hinted at a potential merger with Tesla in an interview, while CEO Elon Musk expressed gratitude towards SpaceX employees as the stock climbed. The financial impact of the IPO has also benefited banks, earning approximately $500 million in fees, primarily for Goldman Sachs and Morgan Stanley. The article will be updated with ongoing developments regarding SpaceX's market performance.
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SpaceX Makes History with Largest IPO, Shares Surge on Nasdaq Debut
TechCrunch· Kirsten Korosec, Russell Brandom· Sunday, June 14, 2026
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