SpaceX estreia na bolsa com valor de mercado ultrapassa 2 trilhões de dólares! Outras ações espaciais são exploradas, Virgin Galactic despenca 31%

Elon Musk's SpaceX listed on NASDAQ under the code SPCX on June 12, with an issue price of $135, closing at $160.95 on the first day, a rise of about 19%. During the day, it briefly surged past $176, then dipped to $149.34.

Based on the closing price, SpaceX's market value is approximately $2.1 trillion, having briefly surpassed $2 trillion during trading. This IPO raised $75 billion, making it the largest in U.S. stock history, with a subscription multiple of about 4 times, and orders exceeding $150 billion at one point.

In just one day, SpaceX became the most valuable space company in the market.

Other space stocks suffer "bloodsucking"

On the other hand, the tragedy of similar stocks unfolded, with Virgin Galactic (SPCE) plunging 31%, giving back all of the previous day's 23% gain; Redwire (RDW), Satellogic (SATL), AST SpaceMobile (ASTS) all fell more than 11%; EchoStar (SATS), Rocket Lab (RKLB) also declined about 10%; smaller space stocks like Intuitive Machines (LUNR), Firefly (FLY) had already fallen for several days earlier.

The reason is simple: the "siphon effect." Many investors and funds wanting to buy SpaceX need to cash out from their existing space stocks first. The leading IPO not only pulls out funds but also shifts the entire sector's focus. Whether these siphoned space stocks can regain their money depends on whether the market remembers them after the hype around SpaceX subsides.

Frequently Asked Questions

What was SpaceX's closing price and market value on its first day?

SpaceX listed on June 12 under the code SPCX, with an issue price of $135, closing at $160.95, up about 19%, with a peak of $176.52 during the day. Based on the closing price, its market value is about $2.1 trillion, having briefly surpassed $2 trillion during trading.

Why did other space stocks fall sharply on the day SpaceX went public?

The main reason is the "siphon effect." Investors, in order to buy SpaceX, sold off their other space stocks to cash out, causing funds and attention to concentrate on this largest IPO in history. Virgin Galactic plunged 31% that day, and Rocket Lab, EchoStar, and others also fell about 10%.