Markets and companies

SpaceX SPCX opens on Nasdaq; largest IPO in history

2026-06-12 digest confirmed

  • Category: Markets
  • Status: confirmed
  • Sources: TradingKey analysis
  • Summary: SpaceX listed on Nasdaq under SPCX on 2026-06-12 at $135 per share, $75 billion raised, $1.75 trillion post-money valuation. 3.3x oversubscribed. MSCI confirmed early inclusion effective 2026-06-13, creating immediate index fund demand. S&P 500 fast-track entry blocked by the index committee due to dual-class share structure.
  • Why it matters: SpaceX's positioning as AI compute infrastructure through Starlink and integration with xAI makes the IPO relevant to AI infrastructure capacity investment.
  • Follow-up: First-day close and post-open trading halts; MSCI rebalancing size on 2026-06-13.

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