SpaceX Options to Begin Trading on Tuesday After IPO

SpaceX has achieved significant milestones with its IPO, raising $75 billion and reaching a valuation of $1.765 trillion, marking it as the largest IPO to date. This success propels Elon Musk to a net worth of $1 trillion, making him the first trillionaire. Following the shares' debut, priced at $150, options trading is set to begin on platforms including Cboe Global Markets and Nasdaq. The IPO results in SpaceX surpassing Tesla as the most valuable company in Musk's portfolio.

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SpaceX signage during the company's IPO at the Nasdaq MarketSite in New York on June 12.

SpaceX signage during the company's IPO at the Nasdaq MarketSite in New York on June 12. Photographer: Michael Nagle/Bloomberg

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By Bernard Goyder

June 12, 2026 at 4:04 PM UTC

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Options contracts on Space Exploration Technologies Corp. will begin trading Tuesday after shares began trading on Friday.

Shares of SpaceX, which raised $75 billion at a $1.765 trillion valuation, opened at $150, above the initial public offering price of $135. Options will trade on exchanges including Cboe Global Markets, the largest options exchange operator in the US, and Nasdaq Inc, which today listed the rocket company in the largest IPO, spokespeople confirmed.

Read Original at Bloomberg.com →