Elon Musk speaks at Starbase before SpaceX’s IPO in in Starbase, Texas, U.S., June 12, 2026.
CNBC
Shares of Elon Musk‘s SpaceX rose on Monday, bringing the stock back around its $135 IPO price.
Shares briefly hit the benchmark in early trading on Monday, marking a rebound from rocky post-IPO trading that has seen the stock swing up and down and close as low as $108.27 just days ago.
Last week, the rocket maker reported better-than-expected revenue in its first earnings report since the company made its historic debut on the Nasdaq in June. SpaceX said it generated $7.81 billion in revenue during its second quarter, up from the $6.93 billion expected by analysts.
SpaceX CFO Bret Johnsen also said on the earnings call that the company is…







