TradingKey – On June 12, 2026, Eastern Time, SpaceX ( SPCX) went public on Nasdaq at $135 per share, with a base offering size of approximately $75 billion, setting a new global IPO record.

During its first week of trading, the stock price was pushed to an all-time high of $225.64, with its market capitalization briefly surpassing $2.6 trillion. However, the frenzy did not last. Over the following four weeks, the stock price continued to pull back, falling below its offering price intraday for the first time on July 15, hitting a low of $132.28 and closing at $135.27. From its peak, the pullback exceeded 40%.

[Source: Futu]