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In a historic milestone for global capital markets, SpaceX has officially debuted on the Nasdaq exchange under the ticker SPCX, completing the largest IPO on record by raising $75 billion. According to analyst reports, the offering was priced at $135 per share, successfully pushing the company's market valuation above the $2 trillion threshold as trading commenced. This transition marks a fundamental shift for the aerospace giant from private funding to the scrutiny of public equity markets.
Despite the debut's scale, institutional skepticism has emerged quickly; CFRA initiated coverage with a 'Sell' rating, citing an extreme valuation and a lack of current operating profitability. In a sector context, SpaceX's valuation now dwarfs traditional peers, with Boeing valued at approximately $110 billion and Lockheed Martin at $115 billion per market data, suggesting that SpaceX must now justify growth multiples that far exceed the established defense and aerospace industry standards.
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Sign InTraders should closely watch for price stability and volume trends following the initial IPO surge, with SPCX priced at $135.00 (close June 12, 2026). Regarding forward catalysts, the upcoming US inflation data on June 10, 2026, remains a critical event on the economic calendar that could dictate risk appetite for high-valuation growth stocks during SpaceX's first weeks of public trading.
Update: Cautionary voices have emerged regarding these valuations, with veteran short seller Jim Chanos describing the potential SpaceX IPO as a troubling signal for broader markets. Chanos predicts that 2026 is on track to shatter records for IPO volume, suggesting that the current surge may indicate significant market overheating.