SpaceX Shares Climb 5.6% After $2 Trillion Nasdaq Debut
Updated
Updated · Reuters · Jun 15
SpaceX Shares Climb 5.6% After $2 Trillion Nasdaq Debut
3 articles · Updated · Reuters · Jun 15
Summary
SpaceX rose more than 5.6% before Monday's open, extending Friday's 19% jump after its Nasdaq debut lifted the company above a $2 trillion valuation.
Elon Musk added fuel on Sunday by saying the rockets-to-AI company could generate $1 trillion in revenue by 2030; SpaceX reported $18.7 billion in 2025 revenue.
Retail demand was a key driver at launch: individual investors bought $117.6 million of SpaceX stock on Friday, the biggest single-session IPO haul in Vanda Research data, topping Coinbase's 2021 record.
Index inclusion could keep demand elevated, with SpaceX expected to be fast-tracked into the Nasdaq 100 and added by FTSE Russell on June 26 and MSCI on June 29.
Analysts and portfolio managers still warned of sharp early volatility because the stock's public float is relatively small and its valuation already ranks among Wall Street's richest.
Starlink is SpaceX's cash engine, but can it survive global regulatory threats to fund the company's massive AI and Mars ambitions?
With a $5 billion loss, is SpaceX's bet on orbital AI a brilliant strategic move or a multi-trillion-dollar gamble destined to fail?
SpaceX’s $2 Trillion IPO: Market Shockwaves, Valuation Debate, and the High-Stakes Future of Starlink and xAI
Overview
SpaceX's IPO on June 12, 2026, triggered a major shift in investor behavior, as funds rotated into SpaceX stock and caused selling pressure on other technology giants. This led to sharp declines in shares of other space and satellite companies, such as Planet Labs and EchoStar, as investors consolidated their positions. The immediate market reaction highlighted how SpaceX's debut not only reshaped investment portfolios but also influenced the broader technology sector, setting the stage for new trends in capital allocation and market dynamics.