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SpaceX takes off: Stock surges in hotly anticipated market debut
Key takeaways
- Space X takes off: Stock surges in hotly anticipated market debut Proactive Fri, June 12, 2026 at 11:12 PM GMT+7 2 min read SPCX Space X (NASDAQ:SPCX)’s closely watched public debut is off to a flying start.
- The stock, trading under $SPCX, opened at $150 after pricing its IPO at $135 — already signaling strong demand right out of the gate.
- It’s a volatile but upbeat start, with early price action suggesting the market is still trying to find equilibrium after a heavily anticipated debut.
Space X takes off: Stock surges in hotly anticipated market debut Proactive Fri, June 12, 2026 at 11:12 PM GMT+7 2 min read SPCX Space X (NASDAQ:SPCX)’s closely watched public debut is off to a flying start.
The stock, trading under $SPCX, opened at $150 after pricing its IPO at $135 — already signaling strong demand right out of the gate. Before the open, CNBC reported indications of a $175 launch price, underscoring just how heated expectations had become heading into the listing.
Since trading began, momentum has stayed firm. The shares have climbed to about $159.18, up roughly 18% in the first stretch of trading as investors pile into what is shaping up to be one of the most closely followed IPOs in years.
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