SpaceX debuted on the NYSE with a market valuation near $2.1 trillion, catapulting it to the United States’ sixth‑largest public company. Shares opened above the $135 offer price and closed at $161.11, delivering Elon Musk the world’s first trillion‑dollar net worth. The surge underscored investor appetite for commercial space assets.

Lead underwriters Goldman Sachs and Morgan Stanley will each collect $100 million in underwriting fees, while Bank of America, Citigroup and JPMorgan Chase are slated for roughly $75 million apiece. The filing shows the syndicate secured a robust order book, reflecting confidence despite skeptics who label the price tag excessive.

The blockbuster debut sets a new benchmark for high‑growth tech listings, offering a template for AI‑centric firms such as OpenAI and Anthropic that plan to go public. Analysts note that the premium pricing could pressure later entrants to justify comparable valuations, potentially reshaping capital‑raising strategies across the sector.

Investors walked away with a clear signal: large‑scale aerospace projects now attract equity capital on par with software unicorns. With the IPO money locked in, SpaceX can accelerate its Starlink rollout and Mars ambitions, while the market watches how the infusion translates into revenue growth.