US space stocks get a boost ahead of SpaceX debut

Planet Labs PBC

12/06/2026 09:41

** Shares of U.S. space companies jump premarket ahead of hotly anticipated SpaceX SPCX.O market debut 
** SpaceX on Thursday priced the biggest-ever U.S. initial public offering at $135 per share, making it one of the world's most valuable companies
** The IPO raised a record $75 billion on the sale of 555.56 million shares, valuing the space, satellite and AI provider at $1.77 trillion, a record for an IPO
     ** Space stocks jump: Intuitive Machines LUNR.O up 3.6%, Planet Labs PL.N gains 3.8%, Satellogic SATL.O rise 5.5%
** Roundhill Space & Technology ETF MARS.Z up 7.1%, Procure Space ETF UFO.O up 3.8%
** Rocket Lab RKLB.O up 7.5%, with co also being added to the Nasdaq 100 index
** SpaceX IPO makes Elon Musk the world's first trillionaire
   

 (Reporting by Joel Jose in Bengaluru)
 ((joeljose@thomsonreuters.com))