Cryptocurrency12 Jun 2026SEO 881 min read

Analysis: Elon Musk's SpaceX soars 20% in blockbuster Nasdaq debut

The stock was trading above $160 in volatile action after last night's IPO at $135. SpaceX shares rose 20% in early trading on Friday. The stock is tradin…

The stock was trading above $160 in volatile action after last night's IPO at $135. SpaceX shares rose 20% in early trading on Friday. The stock is trading under the ticker SPCX and had priced its record-setting initial public offering at $135 a share, raising $75 billion and valuing the company at about $1.8 trillion. Bitcoin was roughly flat, while AI-related crypto stocks were in the green. SpaceX shares opened at $150 on Friday before rising to $162, marking a strong start to one of th…

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