SpaceX stock opened at $150. Shares were at $164.14 shortly after the stock began trading just before 12 p.m. Eastern. That leaves shares up about 22% from the IPO price. The day isn't done, but that's a solid one-day pop,

Shares of Virgin Galactic (NYSE:SPCE) are down 24% in early Friday trading, while Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) stock is down 8% and AST SpaceMobile (NASDAQ:ASTS) stock is trading 10% lower.

Elon Musk's company closed its first trading session almost 20% above its offering price.

U.S. equities tumbled Friday because of a violent sell-off for chip stocks. The tech-heavy Nasdaq Composite lost 4% for its biggest decline since the tariff turmoil of early 2025. The catalyst for the chip turn this week was unclear.

Roku shares rocketed to a 4-year high on Friday after word emerged that the streaming company is in talks to sell itself to an unnamed media company. The stock surged 20% to close at $143.66, rising another fraction in after-hours trading,

June 12 (Reuters) - U.S. space stocks tumbled on Friday as investors rushed to lock in gains on the day of SpaceX's market debut, snapping a months-long rally fueled by anticipation over the blockbuster IPO.

Brad Gerstner exited his entire 519,290-share Alphabet position in Q1 2026 then piled more than $300 million into these two stocks.