Technology6/12/2026•The Next Web

SpaceX rings the bell on its record Nasdaq debut

SpaceX rings the bell on its record Nasdaq debut

This article was published on June 12, 2026 The largest IPO on record opened with a Falcon 9 launch, a near-$1bn vote of confidence from staff, and a video call from Starbase. Screenshot from YouTube live stream of the SpaceX Nasdaq launch, Captured June 12, 2026 SpaceX rang the Nasdaq opening bell on Friday, marking its Nasdaq debut as a public company with the largest IPO on record. It did so in typical fashion. Hours earlier, a Falcon 9 rocket had launched a batch of Starlink satellites into orbit. “What other company would do something like that on the day it opens on the public market?” SpaceX President Gwynne Shotwell asked from the Nasdaq site in New York. “SpaceX would.” The debut values SpaceX at just under $1.8tn. The company sold 555.6 million shares at $135 each, raising about $75bn, the biggest IPO in history. It trades under the ticker SPCX. Shotwell said staff backed the listing with their own money. SpaceX employs about 22,000 people, and more than half bought additional stock in the offering, worth almost $1bn between them. “Thank you for that confidence,” she said. Elon Musk joined by video from Starbase, Texas, where thousands of employees were celebrating. He fo

Source: For the complete article, please visit the original source link below.

Related Articles

‘I use AI to do the things that I’m bad at’: Linus Torvalds on why it works for him
💻 Technology3h ago•1 min read

‘I use AI to do the things that I’m bad at’: Linus Torvalds on why it works for him

Bloomberg logo
💻 Technology3h ago•1 min read

Oracle Trucking Gas to Keep Data Centers on Track

Bloomberg logo
💻 Technology3h ago•1 min read

SoftBank-Backed OPay Wins $185 Million Standard Bank Placement

Intel is reportedly launching new CPUs on a five-year-old socket to allow DDR4
💻 Technology3h ago•1 min read

Intel is reportedly launching new CPUs on a five-year-old socket to allow DDR4

The Samsung Galaxy S26 Ultra is down to $950 after Prime Day
💻 Technology3h ago•1 min read

The Samsung Galaxy S26 Ultra is down to $950 after Prime Day

Vittorio Colao: Europe missed the digital wave and must not miss the next
💻 Technology3h ago•1 min read

Vittorio Colao: Europe missed the digital wave and must not miss the next