Get Ahead with IPO Insights, IPO Prophet

IPO Prophet

Get Ahead with IPO Insights

At IPO Prophet®, our team leverages over three decades of expertise to deliver actionable quantitative analytics for the IPO market in real-time. This platform synthesizes our extensive experience investing in IPOs, providing investors with revolutionary tools to navigate the complexities of issuance day. Our mission is to empower investors with data-driven insights to make more informed decisions.

Equity Capital Markets

<ul><li>Space Exploration Technologies Corp.</li><li>(NASDAQ: SPCX) delivered a landmark debut on June 12, pricing at $135.00 per share before opening up 11.11% at $150.00 and reaching an intraday high of $176.52 .</li><li>Shares ultimately closed at $161.11 , up approximately 19.3% from the IPO price , while more than 504 million shares traded hands during the session.</li></ul>

Space Exploration Technologies Corp.(NASDAQ: SPCX) delivered a landmark debut on June 12, pricing at $135.00 per share before opening up 11.11% at $150.00 and reaching an intraday high of $176.52 .Shares ultimately closed at $161.11 , up approximately 19.3% from the IPO price , while more than 504 million shares traded hands during the session.

SpaceX Debut Reinforces IPO Prophet's View That the Next Golden Era of IPOs Has Begun

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

<ul>
<li>Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.</li>
<li>On the IPO front, <a href="https://www.smartkarma.com/entities/space-exploration-technologies-corp-spacex" target="_blank" data-smartkarma-citation="entities:33284:1" rel="noopener">SpaceX (SPCX US)</a> manage to stay above its IPO price, which should help the overall market</li>
<li>There were a few lockup expiry linked placements in the past week.</li>
</ul>


Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
On the IPO front, SpaceX (SPCX US) manage to stay above its IPO price, which should help the overall market
There were a few lockup expiry linked placements in the past week.


Aequitas ECM Weekly (15 June 2026) - SpaceX, GO, Lingyi, Nexchip, SG Micro, Semi-Tech, BIWIN, ICICI

US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

US IPOs and Secondary Offerings

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

Our written research includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

IPOs and Secondary Offerings

<ul>
<li>Largest IPO ever raised substantial institutional demand, with indications of more than $350 billion in combined institutional and retail orders. </li>
<li>Shares opened 11.1% above issue price and closed up 19.2%, supported by consistent institutional buying throughout the session. </li>
<li>Near-Term outlook remains neutral as strong thematic tailwinds are balanced by valuation considerations and upcoming lockup-related supply events.</li>
</ul>


Largest IPO ever raised substantial institutional demand, with indications of more than $350 billion in combined institutional and retail orders. 
Shares opened 11.1% above issue price and closed up 19.2%, supported by consistent institutional buying throughout the session. 
Near-Term outlook remains neutral as strong thematic tailwinds are balanced by valuation considerations and upcoming lockup-related supply events.


SpaceX (SPCX US): SpaceX Soars in Historic IPO Debut, Closes Up 19% After Record-Breaking Raise

Equity Long-Short

Mo Aziz

<ul>
<li>Elon Musk premium and optionality is real and ongoing, Tesla is the living proof of lasting narrative that beats fundamentals (MCAP $1.3tn, P/E 365x) . </li>
<li>SpaceX has all the ingredients of Tesla and more, the narrative is the entire galaxy, with absolute monopoly, selling of entire sci-fi to a stock! </li>
<li>Our fundamental analysis values SpaceX at $54.5 (base) and $101.8 (bull). The market will likely ignore ours and other FVs, taking queue of how TSLA's share price went up yesterday! </li>
</ul>


Elon Musk premium and optionality is real and ongoing, Tesla is the living proof of lasting narrative that beats fundamentals (MCAP $1.3tn, P/E 365x) . 
SpaceX has all the ingredients of Tesla and more, the narrative is the entire galaxy, with absolute monopoly, selling of entire sci-fi to a stock! 
Our fundamental analysis values SpaceX at $54.5 (base) and $101.8 (bull). The market will likely ignore ours and other FVs, taking queue of how TSLA's share price went up yesterday! 


MUSK OPTIONALITY PREMIUM: Anatomy of Valuation Disconnect — TSLA as Precedent, SPCX as Consequence

<ul>
<li>
<a href="https://www.smartkarma.com/entities/space-exploration-technologies-corp-spacex" target="_blank" data-smartkarma-citation="entities:33284:1" rel="noopener">SpaceX (SPCX US)</a>, an Elon Musk led Space to AI company, raised around US$75bn (US$86bn including greenshoe) in its US IPO.</li>
<li>SpaceX is set to be the largest IPO ever. It will also probably end up being one of the most controversial ones given the asking valuations and other worldly promises.</li>
<li>We have looked at the company’s past performance and valuations in our earlier note. In this note, we talk about the trading dynamics.</li>
</ul>



SpaceX (SPCX US), an Elon Musk led Space to AI company, raised around US$75bn (US$86bn including greenshoe) in its US IPO.
SpaceX is set to be the largest IPO ever. It will also probably end up being one of the most controversial ones given the asking valuations and other worldly promises.
We have looked at the company’s past performance and valuations in our earlier note. In this note, we talk about the trading dynamics.


Aequitas: SpaceX IPO Trading - Updates - Ready for Lift Off

United States

Space Exploration Technologies Corp., doing business as SpaceX, operates as an aerospace manufacturer and space transportation services company. The Company designs and manufactures rockets, human spaceflight, and global satellite internet services. SpaceX serves customers worldwide.

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SpaceX (SPCX US)

SpaceX Debut Reinforces IPO Prophet's View That the Next Golden Era of IPOs Has Begun

Space Exploration Technologies Corp. (NASDAQ: SPCX) delivered a landmark debut on June 12, pricing at $135.00 per share before opening up 11.11%...

IPO Prophet

Aequitas ECM Weekly (15 June 2026) - SpaceX, GO, Lingyi, Nexchip, SG Micro, Semi-Tech, BIWIN, ICICI

Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.

Sumeet Singh

SpaceX (SPCX US): SpaceX Soars in Historic IPO Debut, Closes Up 19% After Record-Breaking Raise

Largest IPO sees strong demand, shares soar on institutional buying, but near-term outlook remains neutral due to valuation concerns and upcoming...

IPO Boutique

MUSK OPTIONALITY PREMIUM: Anatomy of Valuation Disconnect — TSLA as Precedent, SPCX as Consequence

Elon Musk's premium and optionality drive Tesla's lasting narrative that surpasses fundamentals, with SpaceX poised to follow suit. TSLA's MCAP is...

Mo Aziz

Aequitas: SpaceX IPO Trading - Updates - Ready for Lift Off

SpaceX (SPCX US), an Elon Musk led Space to AI company, raised around US$75bn (US$86bn including greenshoe) in its US IPO. In this note, we talk...

Sumeet Singh

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

SpaceX Debut Reinforces IPO Prophet's View That the Next Golden Era of IPOs Has Begun

Space Exploration Technologies Corp. (NASDAQ: SPCX) delivered a landmark debut on June 12, pricing at $135.00 per share before opening up 11.11%...

IPO Prophet

Aequitas ECM Weekly (15 June 2026) - SpaceX, GO, Lingyi, Nexchip, SG Micro, Semi-Tech, BIWIN, ICICI

Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.

Sumeet Singh

SpaceX (SPCX US): SpaceX Soars in Historic IPO Debut, Closes Up 19% After Record-Breaking Raise

​Largest IPO sees strong demand, shares soar on institutional buying, but near-term outlook remains neutral due to valuation concerns and upcoming...

IPO Boutique

MUSK OPTIONALITY PREMIUM: Anatomy of Valuation Disconnect — TSLA as Precedent, SPCX as Consequence

​Elon Musk's premium and optionality drive Tesla's lasting narrative that surpasses fundamentals, with SpaceX poised to follow suit. TSLA's MCAP is...

Mo Aziz

Aequitas: SpaceX IPO Trading - Updates - Ready for Lift Off

SpaceX (SPCX US), an Elon Musk led Space to AI company, raised around US$75bn (US$86bn including greenshoe) in its US IPO. In this note, we talk...

Sumeet Singh

Largest IPO sees strong demand, shares soar on institutional buying, but near-term outlook remains neutral due to valuation concerns and upcoming...

Elon Musk's premium and optionality drive Tesla's lasting narrative that surpasses fundamentals, with SpaceX poised to follow suit. TSLA's MCAP is...