A live feed shows 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.
Since SpaceX's record-breaking IPO late last week, Elon Musk's second trillion-dollar company has been the talk of Wall Street. From Musk becoming the world's first trillionaire to SpaceX moving ahead with a $60 billion acquisition shortly after hitting the market, the first few days of trading have defied norms at every turn.
There are too many eyepopping numbers to count, but here are a few that stand out:
Historic volume
SpaceX saw record-smashing trading volumes in its first few days as a public company.
On Friday, its first day on the market, SpaceX saw $85 billion dollars worth of shares trade hands. Nearly $46 billion of shares traded on Monday, followed by almost $68 billion on Tuesday, averaging out to $66 billion in the first 3 days.
That's more trading than what took place in popular exchange-traded funds QQQ and SPY , which averaged $33 billion and $46 billion, respectively, over that stretch.
Meanwhile, Nvidia, the world's most-valuable company, saw dollar volume averages of around $27 billion, more than double Apple at $12 billion.
As for other tech IPOs, Cerebras recorded average dollar volumes of a little more than $6 billion in its first three days of trading. Facebook saw $23 billion worth of shares trade hands on its opening day and an average of $11 billion over its first three.
Funds raised in IPO
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