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SpaceX debuts on NASDAQ with $1.8T valuation, backed by strong tech and scaling plans in space and AI.

Market News
12 Jun 2026
24/7 Wall Street
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Bullish
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SpaceX began trading on NASDAQ with a valuation of about $1.8 trillion. Venture capital partner David George from Andreessen Horowitz highlighted that SpaceX has solved major technical challenges in space launch and AI, focusing now on scaling its Starlink satellite network and Starship rocket. The company’s cost advantages in launch and AI infrastructure, including a gigawatt-scale AI data center, position it strongly against competitors. Tesla’s investments and partnerships further support SpaceX’s growth. The key question is whether SpaceX can execute well enough to justify its massive valuation as it expands its space and AI ecosystems.

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