SpaceX went public this morning in the largest initial public offering ever recorded. The stock priced at $135 a share, raising $75 billion and surpassing Saudi Aramco’s 2019 record. It opened at $150 under the ticker SPCX on the Nasdaq, touched $176.52 intraday, and closed its first session at $160.95, up 19 percent. By the closing bell, the company was worth more than $2 trillion.
Most people experienced that day through headlines. The audience of Barkmeta’s daily live show experienced it in real time, with the host on air before the opening bell and back on again for the 5pm session after the close.
| SPCX DEBUT DAY, JUNE 12, 2026
IPO price: $135 | Raised: $75 billion, the largest IPO in history Opened: $150 | Intraday high: $176.52 | First-day close: $160.95, up 19% Ticker: SPCX, Nasdaq | Market value at close: above $2 trillion Retail allocation: up to 30% of the offering, versus a typical 5-10% |
On Air While It Happened
Barkmeta hosts a daily live markets show on X Spaces, a broadcast he has now run for roughly 1,250 consecutive sessions without missing a day. The programming spans stocks, artificial intelligence, business, real estate, and intellectual property, which is precisely why a day like today belonged to it.
Before the market opened, with the pricing set at $135 the night before and the financial world waiting to see what would happen, Barkmeta was already live, walking his audience through what they were about to watch. When the session ended and the stock had closed up 19 percent, he was back on at 5pm to break down what the debut meant and where his own thinking sits.
That thinking was direct. His case, laid out on air: the market has not yet priced in what it means for one company to hold an effective monopoly on space. In his view, the long-term trajectory points much higher than the debut suggested, and he told his audience plainly that he has never seen anything like this come to the public markets.
| His case on air: a monopoly on space is not yet priced in, the long term points much higher, and he has never seen anything like this reach the public markets. |
The Bull Case and the Other Side
The long-term argument for SpaceX rests on position. The company dominates commercial launch, with its Falcon 9 completing its 650th flight roughly an hour before the stock opened. Starlink gives it a global broadband business. Its artificial intelligence division, expanded through the acquisition of xAI earlier this year, points the company at data centers on Earth and what it calls orbital AI compute. No other company on the public markets combines those positions, which is the heart of the monopoly argument Barkmeta made on air.
The other side of the trade is real and worth stating. The company is not profitable, reporting a net loss of $4.3 billion in the first quarter. Elon Musk holds roughly 85 percent of shareholder voting power, a governance structure some large institutions have publicly criticized. At least one major pension fund blacklisted the stock before the debut, calling the valuation stretched.
Barkmeta’s position, as he framed it for his audience, is a long-term one. The debate over the first-day price is not the debate that interests him. The question he put to his listeners is what a company with that set of positions is worth a decade from now, and his answer is considerably more than it traded for today. Listeners can weigh that view against the risks and reach their own conclusions, which is exactly how he frames it on air.
Why a Daily Show Wins on Days Like This
There is a structural reason Barkmeta’s audience heard a considered take on the biggest IPO in history twice in one day while most people were still reading recaps. The show runs every day. It has run every day for roughly 1,250 consecutive sessions, through every kind of market, which means that when a genuinely historic day arrives, the infrastructure to cover it live already exists and the audience already knows where to be.
The programming made the same shift the market made over the past year, expanding from a narrower focus into a daily conversation covering stocks, AI, business, and real estate. A show built that way does not scramble when a SpaceX debut lands. It simply does what it does every day, on a bigger story.
The 5pm session wrapped with the same standing invitation the show always carries. The broadcast runs daily. The next historic market day, whenever it comes, will be covered the same way: live, with the audience in the room.
Follow: @barkmeta on X | Community: doginaldogs.com
Frequently Asked Questions
| What happened with the SpaceX IPO?
SpaceX went public on June 12, 2026 in the largest IPO in history, pricing at $135 per share and raising $75 billion. The stock opened at $150 on the Nasdaq under the ticker SPCX, peaked at $176.52 intraday, and closed its first day at $160.95, up 19 percent, valuing the company above $2 trillion. |
| What did Barkmeta say about SpaceX on his show?
On IPO day, broadcasting live before the open and again at 5pm after the close, he argued that the market has not yet priced in what an effective monopoly on space is worth, that the long-term trajectory points much higher, and that he has never seen anything like this reach the public markets. This was personal commentary, not investment advice. |
| Who is Barkmeta?
The host of a daily live markets show on X Spaces, now roughly 1,250 consecutive sessions without a missed day. The programming covers stocks, AI, business, real estate, and intellectual property. He is also a co-founder of the Doginal Dogs online community. |
| What is the bull case for SpaceX stock?
Dominance in commercial launch, the Starlink global broadband business, and an AI division targeting data centers and orbital compute, a combination no other public company holds. Skeptics point to a $4.3 billion quarterly net loss and a governance structure in which Elon Musk holds roughly 85 percent of voting power. Stocks involve risk and this is not investment advice. |
| Where can I listen to the show?
The broadcast runs daily on X Spaces. Follow @barkmeta on X for session times. |
| Disclosure: Sponsored content. Market commentary described in this article reflects personal opinions shared on live broadcasts and does not constitute investment advice or a recommendation to buy or sell any security. Stocks involve risk, including loss of principal. Past performance does not guarantee future results. |
