Who are the biggest beneficiaries of the SpaceX IPO?

The investment bankers who arranged the deal, such as Goldman Sachs and Morgan Stanley, are the biggest winners from underwriting fees.

Is a 28% gain for SpaceX stock normal?

Yes, it is normal for large tech IPOs, where the typical first-day pop ranges from 10% to 30%.

What are the underwriting fees for bankers?

Underwriting fees typically range from 2% to 7% of the IPO value, amounting to hundreds of millions of dollars for SpaceX.

Big Winners From the SpaceX IPO? The Bankers

SpaceX shares closed near $173 on Friday, up 28% from the $135 IPO price and 15% from the $150 opening price. The orderly pop is typical for large tech IPOs, but the biggest beneficiaries are the bankers who earned huge fees.

June 12, 2026

2 min read

Source: Barrons.com

Key Numbers

ipo price

$135

opening price

$150

current price

$173

price change from ipo

28%

price change from open

15%

SpaceX shares traded near $173 in late trading on Friday, up 28% from the $135 IPO price and 15% from the $150 opening price. The orderly one-day pop is normal for a large tech IPO, typically ranging from 10% to 30%, indicating the deal was well-priced and the market accepted the terms.

Details

The SpaceX IPO was one of the most anticipated in recent years. The IPO price was $135 per share, the stock opened at $150, and then rose to $173. This strong performance reflects investor appetite for space and innovation stocks.

Context

The biggest winners from this IPO are not necessarily retail investors, but the investment bankers who arranged the deal. Banks like Goldman Sachs (GS) and Morgan Stanley (MS) earned huge underwriting fees, typically 2% to 7% of the IPO value, amounting to hundreds of millions of dollars.

What This Means for Investors

For investors, the price pop is a positive sign of a successful IPO, but it does not necessarily reflect the company's long-term performance. Investors should monitor SpaceX's results in coming quarters to assess its true value.

Frequently Asked Questions

The stock closed near $173, up 28% from the IPO price of $135.

Found this useful? Share it

This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.