SpaceX Debuts on Nasdaq with $1.77 Trillion Valuation

AI-generated NewsSnap summary based on source reporting.
Published: 2026-06-12T22:10:00Z
Category: finance
Source: BNN Bloomberg, Bankingnews
Original source

Elon Musk's SpaceX has officially commenced trading on the Nasdaq exchange, with shares priced at $135. This highly anticipated market debut values the aerospace company at approximately $1.77 trillion. The significant IPO, alongside other market factors, contributed to a positive trading day for US equities, with the S&P 500 experiencing a modest rise.

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