Scoopfeeds — Intelligent news, curated.
SpaceX IPO: History Says the Stock Will Do This When It Starts Trading (Hint: There's Good News and Bad News)
business

SpaceX IPO: History Says the Stock Will Do This When It Starts Trading (Hint: There's Good News and Bad News)

Yahoo Finance · Jun 2, 2026, 9:08 AM

Key takeaways

  • Space X is targeting a $2 trillion valuation, and the stock will begin trading on the Nasdaq Exchange on June 12 under the ticker SPCX.
  • IPO stocks frequently pop on their first trading day.
  • Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.

Trevor Jennewine, The Motley Fool Tue, June 2, 2026 at 4:08 PM GMT+7 5 min read SPAX.PVT NVDA INTC Space X released its registration statement (Form S-1) on May 20, after filing confidential initial public offering (IPO) paperwork with the Securities and Exchange Commission (SEC) in April. Space X is targeting a $2 trillion valuation, and the stock will begin trading on the Nasdaq Exchange on June 12 under the ticker SPCX.

IPO stocks frequently pop on their first trading day. In fact, more than 700 companies have listed shares on U.S. exchanges since 2020, and the average price increase on the first day was 30%, according to Jay Ritter, director of the IPO Initiative at the University of Florida. But investors should be more concerned with another statistic.

Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop