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SpaceX shares jump 37% post-IPO, hitting a $2.44T market cap despite risks ahead.

Market News
19 Jun 2026
Finbold
View Source
Bullish
pluang ai news

SpaceX's stock surged 37% in its first week after debuting at $135, reaching a market cap of $2.44 trillion despite an initial valuation of $1.77 trillion. The IPO saw low float under 5%, fueling demand, and inclusion in the Nasdaq-100 may boost buying further. However, risks include potential selling pressure as insider shares unlock, the company's unprofitability, and heavy reliance on future revenue projections, especially from AI, a competitive and cost-challenged sector. Investors should weigh the hype against these longer-term uncertainties.

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SpaceX stock splits analysts: Oppenheimer bullish at $250, Burry cautious, citing high valuation risks.

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Analyst Insights
Neutral
21 hours ago
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