How Other Mega IPOs Traded on Day One -- WSJ

Dow Jones
Yesterday

By Becky Peterson

SpaceX shares are up more than 20% in their market debut, right in the range of first-day "pops" bankers like to see.

Not every big IPO has gone so smoothly. Meta, then known as Facebook, went public in 2012 and closed up just 0.61% on the first day of trading.

Saudi Aramco-which went public in 2019 in what is now the second largest IPO in history-lost 9% in Saudi Arabian riyal currency.

Alibaba, which went public in 2014, popped a 38% in the first day.

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June 12, 2026 15:40 ET (19:40 GMT)

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