SpaceX Indicated To Open 29% Above IPO Price

SpaceX (NASDAQ: SPCX) is being indicated to open at 174 dollars per share on Friday, June 12, 2026, a roughly 29 percent premium to its 135 dollar IPO price, according to Benzinga Pro. The figure reflects the exchange designated market maker's Indicative Opening Price, or IOP, which updates in real time from live order book demand before the first actual trade executes. If SPCX opens near 174 dollars, the first-day pop would add roughly 215 billion dollars in market cap in a single session. SpaceX priced its IPO at a fixed 135 dollars per share, raising 75 billion dollars across 555.6 million Class A shares, the largest capital raise in IPO history and more than double Saudi Aramco's 2019 record. The deal values SpaceX at roughly 1.77 trillion dollars, making it the seventh-largest US-listed company at debut, ahead of Tesla (NASDAQ: TSLA). Goldman Sachs (NYSE: GS) leads the underwriting syndicate, with Morgan Stanley (NYSE: MS), Bank of America (NYSE: BAC), Citigroup (NYSE: C), and JPMorgan (NYSE: JPM) serving as additional lead bookrunners across a 21-bank syndicate. Morgan Stanley is acting as the stabilization agent. Reuters reported the offering was roughly four times oversubscribed, with total demand topping 250 billion dollars. Underwriters also hold a 30-day greenshoe option on an additional 83.3 million shares at 135 dollars, potentially pushing total proceeds to 86.25 billion dollars. The fixed 135 dollar price was set without a traditional range, an unconventional move signaling Elon Musk's confidence in demand. #SpaceXIPO #SPCX #ElonMusk 🖥️ Try Benzinga Pro FREE with a 14 day trial: https://www.benzinga.com/pro/register 📈 Take your trading to the next level with our suite of premium research services and tools: https://www.benzinga.com/services 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Follow us on socials @benzinga ------------------------------------------------------------------------------------ 🔹Free Benzinga Webinars: https://www.youtube.com/watch?v=LQ2jOJNkDfI&list=PL4k0fH8EgI3YTdqniRmxrvz97w3IQ61rD 🔹Benzinga Pro Tutorials: https://www.youtube.com/watch?v=a2FaHhLIrks&list=PL4k0fH8EgI3YMwoBMFXGvVMkgixFymmei&pp=gAQB 🔹Earnings Calls: https://www.youtube.com/watch?v=C2-AoCw64Ok&list=PL4k0fH8EgI3buZI5529R53wJUNd9NS4_s 🔹Premarket Playbook: https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZVRPM7INpG--GvohnBVTnT 🔹Benzinga's All Access: https://www.youtube.com/playlist?list=PL4k0fH8EgI3bQSn91atO-3lPT4V6Nwsmh 🔹Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #StockMarket #StockMarketNews #Trading #StockMarketLive #Stocks #stocktrading #learntotrade #DayTrading #StockMarketToday