SpaceX Extends Historic IPO Rally: 3 Leveraged ETFs to Boost Gains

SpaceX SPCX extended its historic IPO rally, rising more than 19% on its first full trading day on Wall Street, and adding 3.5% after hours on June 15, 2026. The IPO initially raised $75 billion by selling 555.6 million shares, with total proceeds climbing to $85.7 billion after underwriters exercised the greenshoe for 83.3 million additional shares. Bespoke Investment Group notes SPCX is about $700 billion larger than Tesla, underscoring the scale of interest. Retail investors fueled the rally, with Ron Baron adding $1 billion to his SpaceX stake (to about $25 billion) and BlackRock reportedly placing at least $5 billion in orders. Investors can also use leveraged SpaceX ETFs: SPAX (2x) from REX, LOFF (2x) from Direxion, and SPCM (2x) from Tradr. SPAX launched June 15, 2026 at a 1.50% fee; LOFF carries 0.99% and SPCM's fee is not specified.