IPO

Market Insights

Experts urge closer look at SpaceX’s lofty valuation on IPO rally

SpaceX shares debuted at US$150 on June 12 and climbed to a high of US$176.52 during the session, before closing 7 per cent higher at US$160.95.

SpaceX IPO: What you should know about its record-breaking debut

An advertisement for SpaceX is displayed on a screen at Times Square after the launch of SpaceX’s initial public offering (IPO) in New York on June 12, 2026. Shares in Elon Musk's SpaceX jumped as much as 30 per cent on their trading debut after the biggest IPO in history, making the polarising entrepreneur the world's first trillionaire as he vowed to take humanity to Mars. (Photo by ANGELA WEISS / AFP)

Retail investors build big dreams on small slices of SpaceX

SpaceX signage at the Nasdaq MarketSite after the company's initial public offering in New York on June 12, 2026.

Musk is the world’s first trillionaire. Who was the first billionaire?

People gather to watch a live feed with SpaceX CEO Elon Musk on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. REUTERS/Jeenah Moon

While You Were Sleeping: 5 stories you might have missed, June 13, 2026

Vessels in the Strait of Hormuz, near the beach of Bandar Abbas, Iran, on June 11.

SpaceX value surges past $2 trillion in historic IPO debut

SpaceX executives celebrated at the Nasdaq market site in New York’s Times Square after ringing the opening bell on June 12.

News analysis

SpaceX playbook set to fuel China’s IPO ambitions but tech gap persists

SpaceX’s record US$75 billion (S$96 billion) IPO has made Elon Musk the world’s first trillionaire.

SpaceX IPO makes Elon Musk the world’s first trillionaire

SpaceX raised a record S$96.4 billion in its initial public offering on June 11.

Shadow trading says SpaceX shares could shoot over 35% higher in market debut

Prediction markets have also added to the bullish signals. Polymarket traders put 70 per cent odds on SpaceX closing above US$2 trillion of market value on its first day of trading.

China investors being shut out as some AI firms go public, like SpaceX: Sources

SpaceX has excluded investors in China and Hong Kong from participating in its IPO, according to sources

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.