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SpaceX stock jumps for second day, now up over 40% since debut
Yahoo! Finance ^ | June 15, 2026 | Pras Subramanian

Posted on 06/15/2026 4:31:59 PM PDT by ProtectOurFreedom

SpaceX (SPCX) extended its post-IPO climb on Monday, trading near $178 and lifting its two-day gain to roughly 32% above the $135 price set last week.

SPCX began trading on June 12 raising about $75 billion in the largest initial public offering on record. The deal, led by Goldman Sachs, drew roughly $250 billion in orders and closed about three and a half times oversubscribed before pricing. It overshot the prior record, Saudi Aramco's $29.4 billion listing in 2019, by about two and a half times.

The stock jumped roughly 19% on Friday to close at $160.95, then climbed to around $192 on Monday. That left SpaceX valued near $2.3 trillion in its record Nasdaq debut, ranking it among the world's most valuable listed companies and keeping Elon Musk's standing as the first trillionaire on paper intact.

ARK Invest said it now holds SPCX across four active ETFs, ARKX, ARKQ, ARKK and ARKW, after first backing the company through its private ARK Venture Fund in 2023.

SpaceX's growth after only two days is remarkable. "Elon Musk's SPCX is already $700 billion larger than Tesla (TSLA), and it's more than twice the size of Berkshire Hathaway (BRK-B)," Bespoke Investment said in a note. A big part of SpaceX's return has been the enthusiasm from retail investors, and they may have been selling other stocks to raise funds for SpaceX buys.

...institutional buying on SpaceX's market debut was a big part of its move, in addition to purchases by large investors and family offices. The Wall Street Journal reported on Monday that mining tycoon Gina Rinehart, Australia's richest person, bought a $1 billion-plus stake in SpaceX, noting that it's the single largest outside investment made by her closely-held company, Hancock Prospecting, a giant in the steel sector.


(Excerpt) Read more at finance.yahoo.com ...


TOPICS:
KEYWORDS: ipo; musk; spacex; spcx

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Woo-hoo! My 15 shares are soaring! Christmas gifts for the kids & grandkid. Of course, by the time I gift the shares to them, it'll probably have cratered below Friday's $135 IPO price.
1 posted on 06/15/2026 4:31:59 PM PDT by ProtectOurFreedom
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To: ProtectOurFreedom
“Of course, by the time I gift the shares to them, it'll probably have cratered below Friday's $135 IPO price.”

Maybe. Then again, betting against Musk is like betting against Trump.

2 posted on 06/15/2026 4:37:35 PM PDT by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell)
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To: Sicon

have you seen the $djt price lately? ;)

actually i made so much money off of stocks that pdjt hinted at on his tweet plus the ones that he outright pumped for me every week.
spcx, mu, nvda, intc, dell, ibm, mrvl

spcx should jump again tomorrow because it will be added to the etfs, the first test i believe is when the ‘insider’ sale restriction goes away.


3 posted on 06/15/2026 4:41:27 PM PDT by VAFreedom (Wuhan Pneumonia-Made by CCP, Copyright Xi Jingping)
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To: ProtectOurFreedom

People invested in nasdaq-100 index will be invested in spacex after 15 trading days from launch.


4 posted on 06/15/2026 4:42:57 PM PDT by plain talk
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To: ProtectOurFreedom

jokes on Elon.

$1 trillion in $100 bills weighs 10 million kilograms. Considering that the world’s record in the clean and jerk is 263 kilos, I’m thinking if he ever tried to walk off with his money, he’d have to leave most of it.


5 posted on 06/15/2026 4:46:58 PM PDT by Redmen4ever
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To: ProtectOurFreedom

After hours price now is 202.00


6 posted on 06/15/2026 4:47:31 PM PDT by Licensed-To-Carry (John 14:6 Romans 10:9 Hebrews 9:27)
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To: ProtectOurFreedom

This one will go all the way to 400 even though there is no reason for it to be 400 other than TSLa is at 400 and has no reason for being at that price either.

But its possible it will go even higher.


7 posted on 06/15/2026 4:54:15 PM PDT by Bayard
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To: ProtectOurFreedom

I believe our investment fund has SpaceX shares. Sure hope so.


8 posted on 06/15/2026 5:30:50 PM PDT by MayflowerMadam ( "Trouble knocked at the door, but, hearing laughter, hurried away". - B. Franklin)
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To: MayflowerMadam

With that huge market cap, they will be in every index fund shortly. I saw the rules about when that will happen, but don’t recall the details.


9 posted on 06/15/2026 5:42:28 PM PDT by ProtectOurFreedom ( )
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To: ProtectOurFreedom

The insiders are no doubt well on the way to a round of pump and dump.


10 posted on 06/15/2026 6:24:13 PM PDT by JimRed (TERM LIMITS, NOW! Finish the damned WALL! TRUTH is the new HATE SPEECH! )
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To: All
Interesting comment on X by ApoStructura (@ApoStructura). I had not thought about their cumulative spend to-date:
To get a sense of scale, here’s how the $85.7b SpaceX just raised compares to what they’ve historically spent on different programs.

People aren’t ready for the magnitude of things to come.


11 posted on 06/15/2026 8:03:04 PM PDT by ProtectOurFreedom ( )
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