In detail
- IPO priced at $135 per share; opened at $150 and traded as high as $186.15 intraday
- SpaceX shares rose strongly on first trading day with heavy volume; Robinhood reported record traffic
- Banks reportedly earned about $500M in fees, with Goldman Sachs and Morgan Stanley prominent
Why it matters
The historic IPO injects vast capital into a company with satellite and communications assets (Starlink) that intersect with AI data and deployment infrastructure.