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SpaceX's IPO Becomes Biggest Market Debut Ever — Then the Stock Slides
CNBC·Sunday, 21 June 2026
SpaceX's IPO was the largest in market history and created a trillionaire, according to the article. But the stock then fell as much as 7% to $178, leaving the average post-IPO buyer roughly at breakeven based on a volume-weighted average price of just under $180. The debut also triggered a historic rush into leveraged ETFs tied to the stock.
Why It Matters
SpaceX's market debut is being watched globally as a benchmark for how mega-tech IPOs perform. It also signals investor appetite for high-risk, high-reward bets in 2026.
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