Overview
- SpaceX priced its IPO at $135 per share on June 12, raising roughly $75 billion and then about $85.7 billion after underwriters exercised a greenshoe option.
- The stock jumped at debut and climbed roughly 40% in its first week as heavy retail buying and an options boom pushed turnover to the top of U.S. markets.
- Trading turned volatile with a multi‑day pullback that erased much of the late‑week gains and left the company still trading well above its IPO price.
- The company confirmed in a filing on Monday that it plans a notes offering to repay bridge loans and raise cash, with media reports saying bankers are preparing a roughly $20 billion bond sale.
- A tiny public float, staggered insider lockups that free up big tranches in the months ahead, and a two‑speed business where profitable Starlink funds loss‑making AI and Starship spending create the main near‑term risks and catalysts for price swings