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SpaceX stock soars past $2.1T valuation after IPO, but volatility and mixed forecasts remain.

Market News
09 Oct 2026
Finbold
View Source
Neutral
SpaceX stock soars past $2.1T valuation after IPO, but volatility and mixed forecasts remain.

SpaceX went public at a record $1.77 trillion valuation and has since grown to over $2.1 trillion as of October 9, 2026. Early investors have seen significant gains, with the stock price rising from $135 at IPO to $166.69 in pre-market trading. However, the stock has been highly volatile, swinging between $104.83 and $225.64 in recent months. Wall Street analysts are mostly bullish, with an average price target of $216.21, while some caution a potential drop to $70 per share due to the gap between valuation and revenue. Elon Musk remains extremely optimistic about SpaceX's future, envisioning a value far beyond the current global economy.

SpaceX shares trade at USD 165.82 on Pluang as of Oct 09, 2026 19:43 WIB, up 3.27% in one day. The stock's market cap stands at $2.18 trillion, near its record high. Despite recent volatility, most investors on Pluang hold for about 41 days, with 83% currently selling and 17% buying.

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