# SpaceX Opens at $150. Closes at $161. Market Cap Exceeds $2 Trillion.
The largest IPO in history just priced, opened, and closed above its offering price. $SPCX debuted at $150 (versus $135 offering), rallied through the session, and closed at $161.11, a 19% gain from the offering price.
The company is now valued above $2 trillion.
Retail participation was massive. SpaceX's 30% retail allocation drove record first-day volume. The broader market rallied in sympathy as the successful debut restored risk appetite after a difficult week.
$RKLB traded up 8% on the halo effect. $ASTS gained 6%. The space sector just got its benchmark, and the downstream names are repricing.
The IPO also coincides with reports of a potential U.S.-Iran peace deal, which helped lift broader sentiment.
First-day performance does not guarantee long-term returns. Watch how $SPCX trades in the first week for institutional positioning signals.
#SpaceX #SPCX #IPO #NasdaqDebut
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