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SpaceX IPO Prices at $135 per Share, Valued at $1.77 Trillion; Jim Cramer Warns of First-Day Surge

2026-06-11 22:34:36

According to CNBC's Jim Cramer on Thursday, SpaceX's highly anticipated debut Friday could see excessive first-day volatility driven by inexperienced retail investors placing market orders. The IPO priced at $135 per share, valuing the company at $1.77 trillion, with demand reportedly four times oversubscribed. Cramer cautioned that without controlled trading conditions, SpaceX could temporarily command unsustainable valuations rivaling the world's largest publicly traded companies, citing similar patterns in recent IPOs like Figma and Cerebras that surged initially before declining.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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