# After raising record $75B in IPO, Elon Musk's SpaceX pops 20% in trading debut

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-06-11T23:44:23.000Z  
> **Category:** PRODUCT_LAUNCH  
> **Impact Score:** 170/100  
> **Primary Source:** [SiliconANGLE](https://siliconangle.com/2026/06/11/after-raising-75b-ipo-elon-musks-spacex-pop-20-trading-debut)  
> **Canonical Citation:** [https://spidits.com/timeline/after-raising-record-75b-in-ipo-elon-musks-spacex-pops-20-in-trading-debut](https://spidits.com/timeline/after-raising-record-75b-in-ipo-elon-musks-spacex-pops-20-in-trading-debut)

## Executive Summary
Updated with Friday's trading: Shares of Elon Musk's Space Exploration Technologies Corp. jumped 19% over their $135 asking price Friday morning after one of the most hotly anticipated initial public stock offerings in living memory. The stock closed at about $161, valuing the company at $2.1...

## Referenced Coverage & Sources
- **[SiliconANGLE](https://siliconangle.com/2026/06/11/after-raising-75b-ipo-elon-musks-spacex-pop-20-trading-debut)**: After raising record $75B in IPO, Elon Musk's SpaceX pops 20% in trading debut — _Updated with Friday's trading: Shares of Elon Musk's Space Exploration Technologies Corp. jumped 19% over their $135 asking price Friday morning after one of the most hotly anticipated initial public stock offerings in living memory. The stock closed at about $161, valuing the company at $2.1..._

---
*Synthesized by SPIDITS AI Market Intelligence Desk. Track live AI news, model releases, and funding: [https://spidits.com](https://spidits.com)*