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2026June › 15

SpaceX

44 days ago

Elon Musk’s AI, satellite and rocket group climbs 19.6% further on Monday
The biggest IPO has been digested without a hiccup, and Wall Street's so-called "fear gauge" is back below its long-term average.
The company's listing raised $87.5bn, compared with the $75bn it was initially thought.
Oil and bond yields are falling on U.S.-Iran optimism, and the market cleared the SpaceX hurdle.
Single-stock retail buying was $117 million for SpaceX on its first day of trading, amounting to 56% of all retail purchases, Vanda Research found.
Those who did receive stock are taking different approaches, with some selling into the company's market debut while others are holding for the long haul.
Strategist Julian Emanuel likened the early enthusiasm around SpaceX to the Netscape IPO of 1995 that ushered in a period of optimism around the internet.
SpaceX's Friday debut marked biggest initial public offering in history.
Traders on prediction market platform Kalshi see only an 18% chance the Elon Musk-led company gets to Earth's neighbor by 2030.
Elon Musk's space and artificial intelligence company raised an initial $75 billion on Thursday.

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