Gwynne Shotwell (at podium, center R), SpaceX president and COO, is joined by SpaceX executives and employees as they ring the opening bell at the Nasdaq MarketSite to celebrate the launch of SpaceX's initial public offering (IPO) in New York on June 12, 2026. Timothy A. Clary/AFP via Getty Images

Elon Musk’s SpaceX began trading on June 12 at 10 a.m. under the SPCX ticker on the Nasdaq in what is the largest initial public offering (IPO) in history.

Shares gained more than 20 percent, trading above $165 at 12 p.m. The double-digit gain brought the company’s value to $2.2 trillion.

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