SpaceX Reclaims IPO Price Following $100 Billion Expansion Plan

Key Facts

1SpaceX stock closed at $139.63, rising above its June IPO price of $135.

2The company is planning a $100 billion expansion in Louisiana to boost Starship launch capacity.

In a move reflecting growing investor confidence in the commercial space sector, SpaceX shares have successfully reclaimed their post-IPO levels. According to reports, the stock closed at $139.63, rising above its initial public offering price of $135. This rally follows the company's announcement of a massive $100 billion expansion plan in Louisiana, specifically designed to boost the launch capacity of its Starship program.

This positive price action comes as markets monitor growth stocks, with a favorable outlook from Morgan Stanley further bolstering sentiment. Per market data, SPCX was priced at $135 as of the close on August 24, 2026, before its recent climb past the psychological IPO threshold. The proposed capital expenditure highlights the company's long-term commitment to infrastructure as it seeks to scale its aerospace operations.

From a technical perspective, SPCX stood at $135 at the close of August 24, 2026, having traded between a day high of $138.33 and a low of $133.1. With no immediate sector-specific catalysts in the upcoming economic calendar, traders will be watching for the stock's ability to maintain support above the $135 level to confirm the sustainability of this recovery.