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Marcie Frost

Marcie Frost

CEO, California Public Employees' Retirement System (CalPERS)

Appears in 1 story

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SpaceX prices the largest IPO in history

Money Moves

Co-signed governance objection letter to SpaceX on May 14, 2026

SPCX opened at $150 on June 12 and closed at $161, up 19%, putting SpaceX at roughly $2.1 trillion on its first day. Options began trading June 16 with 1.72 million contracts and $2.48 billion in premium on day one. The stock hit $225.64 that session, 67% above the offer price, before a 31% four-day pullback brought shares to $147.11 intraday on June 23.

Updated Jul 7