SpaceX Soars 19.34% in IPO Debut, Reaches $2.1 Trillion Valuation on June 13

According to Nasdaq Global Indexes, SpaceX (SPCX) closed its IPO on June 13 at $161.11 per share, up 19.34% from the $135 IPO price, reaching a market valuation of $2.1 trillion and becoming the sixth-largest U.S. listed company by market cap. Tesla CEO Elon Musk's net worth exceeded $1 trillion following the listing.

Meanwhile, Nasdaq Global Indexes announced on June 11 that Rocket Lab (RKLB), Astera Labs (ALAB), CoreWeave (CRWV), Nebius (NBIS), and Teradyne (TER) will be added to the Nasdaq 100 index on June 22, while five companies will be removed. SpaceX is eligible to join the Nasdaq 100 as soon as 15 trading days after listing, following Nasdaq's March rule change.