Business

SpaceX IPO Surges After Big Launch

Updated 2026-06-12 18:25 UTC 2 sources Positive

SpaceX's initial public offering (IPO) saw shares rise 11% on its first day of trading. The company now has a market cap of $1.97 trillion, making it one of the top 10 largest U.S. companies.

Coverage timeline — 2 articles
Axios
SpaceX shares rose 11% in initial trades Friday, placing the company in the top 10 largest companies in the U.S.Why it matters: The $150 price indicates a $1.97 trillion market cap, putting it immediately among the top 10 largest U.S. companies.<
2026-06-12 15:50 UTC
CNBC
The cryptocurrency's latest selloff is forcing investors to revisit what role, if any, bitcoin should play in a portfolio.
2026-06-12 18:01 UTC
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