SpaceX opened trading with a record-breaking debut on the public markets, gaining 6% in premarket session. The IPO marks the end of Elon Musk's longest-held private company, bringing aerospace and satellite infrastructure plays into the public equity spotlight.
The strong opening reflects investor appetite for space-tech exposure and SpaceX's dominant position in commercial launch and Starlink satellite broadband. Institutional demand and retail enthusiasm will drive price discovery throughout the first trading day.