SpaceX shares end the day up 19% near $161 a share, sending its value past $2 trillion
The offering raised $75 billion and drew unusually heavy retail demand, with shares opening at $150 and closing near $161.
- On Friday, SpaceX began trading on the Nasdaq under ticker SPCX, opening at $150 per share and closing at $160.95, up 19%, while raising $75 billion in the largest initial public offering ever.
- The offering valued CEO Elon Musk's rocket company at roughly $1.77 trillion, pushing Musk's net worth past $1 trillion and positioning him to become the world's first trillionaire.
- SpaceX's $75 billion debut surpassed 10 historical IPOs ranked by proceeds, significantly exceeding the previous record of $25.6 billion raised by an Energy firm in December 2019.
- Despite the record-breaking IPO, some analysts express skepticism regarding the $1.7 trillion valuation, citing that SpaceX has yet to generate profit and produced roughly $19 billion in revenue last year.
- The public market anticipates additional sizable IPOs, including potential offerings from OpenAI and Anthropic, both of which have confidentially filed to go public.
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With this name the conglomerate Space-X and xAI, where the satellite company Starlink, together with artificial intelligence services, has reached a market valuation of 1.77 million dollars, obtaining 75 billion dollars in the operation. It is surprising that a company that gave 5 billion losses in 2025 is valued so much, because to justify that value it would have to multiply by 100 the sales revenues, being its capital expenses 215% of the rev…
Buy, Hold, or Sell: SpaceX Surged Past a $2 Trillion Valuation in Its Debut. Is SPCX an Absolute Buy on Its First Pullback?
The post Buy, Hold, or Sell: SpaceX Surged Past a $2 Trillion Valuation in Its Debut. Is SPCX an Absolute Buy on Its First Pullback? appeared first on 24/7 Wall St.. SpaceX (SPCX) at $160.95 offers potential entry below $140 as price discovery continues post-IPO. Starlink's 49.8% growth and expanding subscribers provide a strong cash engine supporting the thesis. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks —…
Wall Street breathed a sigh of relief. SpaceX caused a stir with its public offering on the Nasdaq stock exchange, laying the foundation for the next high-profile IPOs and a new coin, MANGOS, which may soon be more important than the Magnificent 7.
The SpaceX IPO has concluded, which was cited as one of the reasons for the KOSPI decline due to the recent outflow of foreign capital from the stock market. The securities industry notes that the uncertainty regarding foreign capital supply and demand has disappeared, and the future expansion of SpaceX's business...
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