SpaceX Seen Topping $2 Trillion on Nasdaq Debut as Polymarket Prices 69% Odds
Updated
Updated · CNBC · Jun 11
SpaceX Seen Topping $2 Trillion on Nasdaq Debut as Polymarket Prices 69% Odds
3 articles · Updated · CNBC · Jun 11
Summary
$135 a share would value SpaceX at about $1.77 trillion before trading starts Friday, and Polymarket traders now give it a 69% chance of closing above $2 trillion.
That threshold implies roughly a 13% first-day gain, while pre-IPO perpetual futures on Hyperliquid point to a possible jump of more than 20%.
Polymarket shows even stronger conviction at lower levels, with 84% odds SpaceX finishes above a $1.8 trillion market cap, but less than a 50-50 chance it tops $2.2 trillion.
A close above $2 trillion would place SpaceX among only five other U.S. companies at that valuation and ahead of Broadcom's roughly $1.85 trillion market cap.
Even at its expected $1.77 trillion debut value, Elon Musk's rocket company would already be larger than Tesla, which stood near $1.72 trillion late Thursday.
With massive losses and unproven AI, can SpaceX's stock defy gravity and sustain its historic valuation?
Are Nasdaq's new rules creating an artificial price surge for SpaceX's historic stock market debut?
Is Elon Musk's near-total voting control the biggest risk hiding within this record-breaking IPO?
SpaceX’s $2 Trillion IPO: Unprecedented Retail Access, AI Bets, and Market Risks Ahead of June 12, 2026 Debut
Overview
SpaceX is set to make its public debut on June 12, 2026, marking a major milestone for the company and financial markets. The IPO will offer 555.6 million shares at a firm price of $135 each, a decision made after extensive pre-roadshow meetings and without the usual price range to test demand. Notably, 30% of the shares are reserved for retail investors, making the offering widely accessible. Despite going public, Elon Musk will retain significant control, holding 82.4% of the voting rights. The IPO has seen overwhelming demand, with order books closing early amid a surge of investor interest.