This Week in the Index- Largest IPO in History

Week of June 11 – June 17, 2026

Quick Summary

Welcome back to This Week in the Index, where we’ll give a brief overview of what happened this week among Prime Unicorn Index components. SpaceX’s IPO is the largest of all time. Baseten authorizes a new round, and Discord sees gains in the secondary markets. The Prime Unicorn 30 Index is +6.0% week over week.

Primary Rounds & Filings

  • SpaceX: Filed for an IPO at $135/share, opened trading at $150
  • Baseten Labs*: Series F authorized at $286.09/share (+114.3% vs Series E)
  • Glossier*: converted to LLC (to be removed from the index at Q3 reconstitution)

Secondary Transactions

  • Discord, Inc.: $33.50 (+11.7%)

Public Components

  • SpaceX (SPCX): $191.82 (+29.6% vs. IPO price)
  • Cerebras (CBRS): −10.0% to $213.67
  • EquipmentShare (EQPT)*: +26.6% to $23.36
  • Eikon Therapeutics (EIKN)*: +16.4% to $9.73
  • Fervo Energy (FRVO)*: +10.3% to $36.49
  • Hawkeye 360 (HAWK)*: +5.8% to $24.74
  • Generate Biomedicines (GENB)*: +5.4% to $13.87
  • Ethos (LIFE)*: −3.5% to $15.93
  • Netskope (NTSK)*: +3.0% to $8.72
  • Navan (NAVN)*: +0.6% to $20.99
  • Via Transportation (VIA)*: +0.5% to $14.82
  • BillionToOne (BLLN)*: +0.1% to $99.38

Notable News

Index Performance

The Prime Unicorn 30 Index closed at 298.77 on Jun 17, up 6.0% vs 281.74 on Jun 10.

*These companies are components of the Prime Unicorn Composite Index, but are not included in the Prime Unicorn 30 Index.