Traders Boost Spacex Shares, Easing Wall Street's Anxiety

WHO:

CNBC - SpaceX, Elon Musk

CNN - SpaceX, Elon Musk, Mike Dickson, Rodney Comegys, Kaush Amin

WHAT:

CNBC - SpaceX launched its initial public offering (IPO) on June 12, 2026, marking the biggest IPO in history.

CNBC - SpaceX shares increased by 13% on the day following the IPO.

CNN - SpaceX's valuation reached $2 trillion, placing it among the top 10 largest publicly traded US companies.

CNN - 21 exchange-traded funds (ETFs) related to SpaceX have filed for listing.

CNN - ProShares has filed to launch an Ultra SpaceX ETF, targeting double the daily returns of SpaceX shares.

WHERE:

CNBC - The IPO was celebrated with advertisements on a digital billboard in Times Square, New York.

CNN - SpaceX could be included in benchmark stock market indexes like the Nasdaq 100 and CRSP.

WHEN:

CNN - SpaceX could be eligible for inclusion in certain indexes in as little as a few days or weeks after the IPO.

CNN - SpaceX will not be eligible for inclusion in the S&P 500 for at least a year.

WHY:

CNBC - The surge in SpaceX shares helped reduce Wall Street's fear gauge, the Cboe Volatility Index (VIX), which traded below 16.

CNN - The Nasdaq adjusted its rules to allow for faster inclusion of mega IPOs like SpaceX into the Nasdaq 100.

HOW:

CNBC - Investors are buying back into stocks after the successful IPO, leading to a jump in major stock indexes.

CNN - SpaceX's weight in indexes will be based on the number of shares made public, which was less than 5% at the IPO.

(UPDATED June 16, 2026 01:51 UTC)

SpaceX has launched its initial public offering, marking the biggest IPO in history, and shares surged by 13% the day after the launch, pushing the company's valuation to an impressive $2 trillion. This monumental event was celebrated with advertisements on a digital billboard in Times Square, and 21 exchange-traded funds related to SpaceX have filed for listing, including one aiming to double daily returns. SpaceX could be eligible for inclusion in major stock market indexes like the Nasdaq 100 in just a few days or weeks, although it won't qualify for the S&P 500 for at least a year.