NASDAQ:TWG 6 December 2025

June 13, 2026, 10:31 AM EDT. SpaceX's IPO debuted on Nasdaq with a strong opening at $150, finishing nearly 20% above its $135 offering price at $160.95, and further climbing to $166.85 in after-hours trading. The company raised the largest IPO ever with over 500 million shares traded, valuing SpaceX at more than $2.1 trillion on day one. Despite the positive momentum and a significant retail investor participation of up to 30%, some Wall Street analysts expressed caution over SpaceX's ability to meet its lofty valuation long term. Key concerns include the viability of its Starship rocket and monetizing artificial intelligence (AI) efforts. Market experts noted that institutional investors helped stabilize trading, with after-market futures pricing close to Friday's closing price.