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Friday, June 12, 2026

SpaceX IPO Surges Above $2 Trillion Valuation Amid Gold’s Sharp Decline

Elon Musk’s SpaceX debuts on Nasdaq with record-breaking $75 billion raise as gold prices slump amid global economic pressures

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SpaceX IPO Surges Above $2 Trillion Valuation Amid Gold’s Sharp Decline
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SpaceX launched its initial public offering on Nasdaq under the ticker SPCX, opening 11% above its offering price and achieving a valuation surpassing $2 trillion. This historic IPO coincides with a notable 9.9% drop in gold prices over the past month, marking the precious metal’s worst performance in years. The marke…
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SpaceX IPO Surges Above $2 Trillion Valuation Amid Gold’s Sharp Decline SpaceX launched its initial public offering on Nasdaq under the ticker SPCX, opening 11% above its offering price and achieving a valuation surpassing $2 trillion. This historic IPO coincides with a notable 9.9% drop in... Read the full IIPLA article: https://iipla.org/news/spacex-ipo-surges-above-2-trillion-valuation-amid-gold-s-sharp-decline

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