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Business
Source: TechCrunch

SpaceX Shares Soar 30% on Market Debut, Joins Top U.S. Companies

SpaceX shares surged by 30% during midday trading on Friday following its highly anticipated market debut. This increase propelled the company into the ranks of the top six most valuable U.S. companies. Shares traded higher than the initial $135 IPO price.

By Fainaron·Jun 12, 2026 (2 days ago)·2 views
SpaceX Shares Soar 30% on Market Debut, Joins Top U.S. Companies

SpaceX experienced a significant 30% increase in its share price during midday trading on Friday. This surge marked the company's heavily anticipated market debut.

The substantial rise in share value vaulted SpaceX into an elite group, positioning it among the top six most valuable companies in the United States. Shares were observed trading above their initial $135 IPO price.

(Source: TechCrunch)

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

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