SpaceX shares up about 8% in first month after record IPO
A $1,000 investment made at SpaceX's IPO price on June 11 has risen to roughly $1,076, while a purchase at the first-day close would now be worth about $902.
Investors who bought SpaceX (NASDAQ: SPCX) shares at the IPO price of $135 on June 11, 2026, see a modest gain after a month of trading. Based on the latest closing price of $145.30, a $1,000 stake would be worth about $1,076, a rise of roughly 7.6%.
The aerospace company raised about $75 billion in its debut, giving it an initial valuation near $1.77 trillion. Shares opened close to $150 and closed the first day around $161, pushing the market cap above $2 trillion. Prices later reached intraday highs near $225 before retreating amid broader market weakness and profit-taking, leaving the stock still above the IPO level.
Conversely, a $1,000 investment made at the first-day closing price would now be valued at about $902, reflecting a near-10% decline. Analysts note that SpaceX’s growth prospects remain tied to its Falcon launch services, the expanding Starlink satellite internet business, and the development of the Starship reusable spacecraft, as well as potential AI and space-based communications projects. Execution risks persist, and the company’s first earnings report later this year will be closely watched for evidence that its technology leadership can support the multi-trillion-dollar valuation.