SpaceX (SPACE) IPO Valuation Exceeds $2 Trillion on 19% Gain
Published on · Source: cnbc.com
AI Summary
Summarized by AI from the source belowSpaceX shares began trading on Nasdaq on June 12, 2026, opening at $150 and gaining 19%, which increased its market capitalization to approximately $2.09 trillion. The stock reached a session high of $176.52, surpassing its IPO price of $135. Analysts anticipate continued interest from retail investors and note the potential for SpaceX to be a top performer. Additional trading data reveals that the Procure Space ETF (UFO) dropped over 6% as investors shifted focus to SpaceX, indicating market volatility in related sectors.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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