SpaceX Faces Volatility After $135 IPO as Options, Index Buying and Share Sales Loom
Updated
Updated · Reuters · Jun 15
SpaceX Faces Volatility After $135 IPO as Options, Index Buying and Share Sales Loom
3 articles · Updated · Reuters · Jun 15
Summary
$2 trillion SpaceX now heads into a packed two-month stretch after its record IPO, with options trading, index inclusion and staged share-sale unlocks set to test the stock.
Options can start trading as soon as Tuesday, and investors expect heavy, costly activity if SpaceX trades with Tesla-like swings, sharpening the debate over whether buyers are investing or simply trading Musk's name.
A 15% greenshoe lets Morgan Stanley buy up to 83 million extra shares at the $135 IPO price, while staggered lockup expirations and some brokers' 31-day holding periods could create rolling selling pressure.
Index additions to the Nasdaq 100 and some MSCI and Russell benchmarks this month may force passive funds to buy, even as analysts question whether a company that lost $4.94 billion on $18.7 billion in revenue merits its valuation.
Are investors buying a revolutionary tech company or just placing a multitrillion-dollar bet on Elon Musk's vision?
Can SpaceX's profitable Starlink business justify its money-losing AI ambitions and a staggering $2 trillion price tag?
SpaceX’s Record $75B IPO: Immediate Volatility, AI Pivot, and Long-Term Risks
Overview
SpaceX’s record-breaking IPO in June 2026, raising up to $75 billion, immediately transformed market dynamics and sparked significant volatility. On its first trading day, SpaceX closed at $161.11, with strong investor demand pushing the stock higher and many viewing it as a winner. However, this excitement is balanced by concerns about whether such rapid gains can last, as experts caution that the stock’s future trajectory is uncertain. The IPO’s impact highlights both the high-risk appetite in the current market and the questions surrounding the sustainability of SpaceX’s impressive debut.