Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
SpaceX debuted on the public markets at an offering price of $135, closing its first day at $160.95, a 19% gain, with over 500 million shares traded and a market capitalization of $2.1 trillion, valuing it at roughly 60x estimated 2026 sales of $35 billion. The IPO was described as orderly but failed to settle the debate over whether AI is in a bubble. Other space-related stocks such as Rocket Lab (-10.8%), AST SpaceMobile (-15.5%), Firefly Aerospace, Intuitive Machines, Voyager Technologies, and Redwire dropped 11% to 19% after running up into the listing.