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CNBC
Stock futures tick higher as Wall Street gears up for SpaceX’s historic IPO
On the eve of SpaceX's initial public offering, U.S. stock futures have recorded modest gains. The IPO, set to be the largest in history at a valuation of $1.77 trillion, highlights the growing interest in space technology investment. However, with such a significant influx of new shares, uncertainty persists about the potential market impacts, including volatility and capital rotation among tech stocks.
MonitorConfidence: MediumShort term horizon
Published 11 Jun 2026, 23:55 UTC3 min read
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Summary
TL;DR
- SpaceX's IPO priced at $135 per share, aiming to raise $75 billion.
- The offering could be the largest IPO, surpassing Alibaba's previous record.
- U.S. stock futures rose slightly, indicating cautious optimism.
- Equity markets rallied following positive signals from geopolitical developments.
- Investors are concerned about market pressure from high IPO volumes.
Interesting facts
- SpaceX is debuting on the Nasdaq under the ticker SPCX.
- This IPO is more than triple the size of the previous largest IPO in the U.S.
- Thursday's positive stock performance was influenced by comments from President Trump regarding U.S.-Iran relations.