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Business
Source: Bloomberg Markets

Citadel Securities Reports 'Astronomical' Retail Trading in SpaceX IPO

Citadel Securities observed "astronomical" retail trading in SpaceX following its initial public offering (IPO) on Friday, June 12, 2026. Retail investors engaged in US stock trading at a record pace on the day of the IPO and are increasingly influencing the broader equity market rally. The $75 billion IPO saw SpaceX shares climb on their first trading day, establishing the company as one of the world's most valuable public entities.

By Fainaron·Jun 17, 2026 (an hour ago)·2 views
Citadel Securities Reports 'Astronomical' Retail Trading in SpaceX IPO

Citadel Securities reported "astronomical" retail trading activity surrounding SpaceX after its initial public offering (IPO) on Friday, June 12, 2026. The financial firm stated that retail investors participated in US stock trading at a record pace on the day of SpaceX's market debut.

According to Citadel Securities, this significant retail investor engagement is increasingly driving the broader rally in equities.

The SpaceX IPO, valued at $75 billion, set new records. Shares of the company climbed during their first day of trading, instantly positioning the venture, regarded as the crown jewel of Elon Musk’s business empire, among the world's most valuable public companies.

The IPO event included a closing bell ceremony at the Nasdaq MarketSite in New York, US.

(Source: Bloomberg Markets)

Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Bloomberg Markets. Read the original at Bloomberg Markets →

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