{"id":491747,"date":"2026-06-14T03:14:24","date_gmt":"2026-06-14T03:14:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/491747\/"},"modified":"2026-06-14T03:14:24","modified_gmt":"2026-06-14T03:14:24","slug":"spacex-stock-jumps-nearly-20-following-largest-ipo-ever","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/491747\/","title":{"rendered":"SpaceX stock jumps nearly 20% following largest IPO ever"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">SpaceX&#8217;s (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/SPCX\/\" data-i13n=\"cpos:1;pos:1\" data-ylk=\"slk:SPCX;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SPCX&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">SPCX<\/a>) stock opened at $150 on Friday \u2014 an 11% jump from its IPO price \u2014 and finished up nearly 20% for the day.<\/p>\n<p class=\"yf-1fy9kyt\">The rocket and satellite company priced its IPO Thursday night at $135 per share ahead of today&#8217;s debut on the Nasdaq Composite (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/%5EIXIC\/\" data-i13n=\"cpos:2;pos:1\" data-ylk=\"slk:^IXIC;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;^IXIC&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">^IXIC<\/a>), trading under the ticker SPCX (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/SPCX\/\" data-i13n=\"cpos:3;pos:1\" data-ylk=\"slk:SPCX;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;3&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SPCX&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">SPCX<\/a>).<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;SpaceX going public is an important moment for the broader tech sector in our view as this AI Revolution and data takes this next step forward,&#8221; Wedbush analyst Dan Ives wrote in a note to investors Friday morning.<\/p>\n<p class=\"yf-1fy9kyt\">SpaceX stock jumped over 30% after opening, but pared some of those gains to close at $160.95, up 19.2%.<\/p>\n<p class=\"yf-1fy9kyt\">Some on the Street believe the stock will be volatile for days to come.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;The stock is bound to be volatile,&#8221; said Howard Chan, founder and CEO of Kurv Investment Management. &#8220;Maybe it&#8217;s better to harvest volatility premium while the equity price settles down.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">SpaceX offered 555.6 million shares to hit a record $75 billion raised. Underwriters are holding a &#8220;green shoe&#8221; \u2014 or the option to sell additional shares if demand outstrips the initial allotment \u2014 of approximately 83 million shares, worth around $11.2 billion.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;As of now, SpaceX is the sixth largest US company behind Amazon at $2.54 trillion and ahead of Broadcom (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/AVGO\/\" data-i13n=\"cpos:4;pos:1\" data-ylk=\"slk:AVGO;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;4&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;AVGO&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">AVGO<\/a>) at $1.81 trillion;&#8221; Bespoke Investment Group said in a research note. &#8220;Elon Musk&#8217;s SPCX is already $700 billion larger than Tesla (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/TSLA\/\" data-i13n=\"cpos:5;pos:1\" data-ylk=\"slk:TSLA;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;5&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;TSLA&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">TSLA<\/a>), and it&#8217;s more than twice the size of Berkshire Hathaway (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/BRK-B\/\" data-i13n=\"cpos:6;pos:1\" data-ylk=\"slk:BRK-B;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;6&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;BRK-B&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">BRK-B<\/a>).&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">The biggest open question is how much ends up in the hands of retail investors. SpaceX is <a class=\"link \" href=\"https:\/\/www.reuters.com\/business\/finance\/musk-rewrites-ipo-playbook-with-large-slice-spacex-stock-retail-investors-source-2026-03-26\/\" data-i13n=\"slk:reportedly targeting a retail allocation of roughly 30%;cpos:7;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:reportedly targeting a retail allocation of roughly 30%;slk:reportedly targeting a retail allocation of roughly 30%;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;7&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;reportedly targeting a retail allocation of roughly 30%&quot;,&quot;yHasCommerce&quot;:false}\">reportedly targeting a retail allocation of roughly 30%<\/a> \u2014 far above the 5% to 10% typical of most IPOs \u2014 but the final figure remains unsettled. <a class=\"link \" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-11\/spacex-ipo-said-to-draw-more-than-70-billion-in-retail-orders\" data-i13n=\"cpos:8;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Reports suggest;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;8&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Reports suggest&quot;,&quot;yHasCommerce&quot;:false}\">Reports suggest<\/a> SpaceX drew retail orders in excess of $100 billion.<\/p>\n<p class=\"yf-1fy9kyt\">Preliminary data from Vanda Research points to a strong showing for retail.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;SPCX is now the most bought stock by retail investors today, and its not even a competition \u2013 with net buying running at more than 3.5x that of NVDA,&#8221; the company said in a research note. &#8220;Retail turnover has already reached $453mn, representing roughly 4% of all single-stock retail turnover today. Unsurprisingly, SpaceX is on track to become the biggest IPO debut for retail investors in recent history.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">In addition, SpaceX&#8217;s IPO shares ran four times <a class=\"link \" href=\"https:\/\/www.investopedia.com\/terms\/o\/oversubscribed.asp\" data-i13n=\"slk:oversubscribed;cpos:9;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:oversubscribed;slk:oversubscribed;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;9&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;oversubscribed&quot;,&quot;yHasCommerce&quot;:false}\">oversubscribed<\/a>, per <a class=\"link \" href=\"https:\/\/www.reuters.com\/world\/spacex-ipo-demand-is-approaching-four-times-oversubscribed-source-says-2026-06-09\/\" data-i13n=\"slk:Reuters;cpos:10;pos:1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Reuters;slk:Reuters;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;10&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Reuters&quot;,&quot;yHasCommerce&quot;:false}\">Reuters<\/a>, indicating strong demand. However, this amount is often inflated by institutional investors to make sure they receive enough stock for their clients. In actuality, demand could be less, adding to the uncertainty.<\/p>\n","protected":false},"excerpt":{"rendered":"SpaceX&#8217;s (SPCX) stock opened at $150 on Friday \u2014 an 11% jump from its IPO price \u2014 and&hellip;\n","protected":false},"author":2,"featured_media":491748,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[85,46,226903,1008,10356,207816,141,145,4688],"class_list":["post-491747","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-il","tag-israel","tag-kurv-investment-management","tag-nasdaq-composite","tag-retail-investors","tag-satellite-company","tag-science","tag-space","tag-spacex"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/491747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=491747"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/491747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/491748"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=491747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=491747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=491747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}