SpaceX Rises 6% After Nasdaq Debut as Retail IPO Buyers Get Tiny Share Allocations
Updated
Updated · CNBC · Jun 15
SpaceX Rises 6% After Nasdaq Debut as Retail IPO Buyers Get Tiny Share Allocations
3 articles · Updated · CNBC · Jun 15
Summary
SpaceX added another 6% Monday after a 19% first-day jump from its $135 IPO price, leaving the stock around $161 and valuing the company above $2 trillion.
Demand far outstripped supply across SoFi, Fidelity and Schwab, with many retail investors receiving only a fraction of requested shares—sometimes just one share despite orders for hundreds or thousands.
Those limited allocations are already producing split strategies: some investors sold quickly into the rally, while others are holding and even adding shares in the open market.
Lockup expirations are a key concern for both traders and long-term holders, who expect more volatility and possible selling pressure once additional shares become available.
The mixed response underscores the valuation challenge around one of the market's most watched IPOs, balancing enthusiasm for Starlink and commercial space growth against an already lofty price.
With its AI unit losing billions, can SpaceX’s $2 trillion valuation survive the harsh reality of public market scrutiny?
With Elon Musk holding 85% voting power, are investors buying into a public company or a private kingdom?
As the insider lockup expires in December, are retail investors facing a countdown to a predictable stock crash?
SpaceX IPO 2026: $2 Trillion Market Cap, Record $75B Raise, and the New Era of Space Finance
Overview
On June 12, 2026, SpaceX made its historic debut on the Nasdaq Stock Exchange under the ticker SPCX, setting its IPO price at $135 per share. The launch was met with immense investor enthusiasm, leading to a record-breaking market capitalization and a remarkable first-day surge in share price. SpaceX stock jumped 19% in its debut, fluctuated between $170 and $175, and closed at $160.95—nearly 30% above its offering price. This strong performance highlighted the unprecedented demand and excitement surrounding SpaceX’s entry into the public market, marking a pivotal moment in financial history.