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SpaceX surges post-IPO, likened to NVIDIA's growth trajectory three years ago.

Market News
16 Jun 2026
24/7 Wall Street
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Bullish
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SpaceX debuted on the market on June 9, 2026, with a valuation starting at $1.77 trillion, quickly rising to $2.85 trillion, surpassing Amazon and nearing Microsoft. The company showed strong financial growth with 33.2% revenue increase in 2025 and expanding Starlink subscribers, driving significant EBITDA gains. Sequoia Capital's Sean MacGuire compared SpaceX's current position to NVIDIA's three years ago, projecting potential revenue in the hundreds of billions by 2030, fueled by upcoming milestones like Starship payload delivery, orbital AI compute, and Starlink direct-to-cell technology. However, investors should note risks including execution challenges and regulatory hurdles, with key progress expected in late 2026.

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SpaceX options trading sparks talk of a gamma squeeze potentially pushing stock to $400.

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SpaceX's IPO tops $2.85T, reshaping Big Tech's 'Magnificent 7' dominance on Nasdaq.

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SpaceX debuted on Nasdaq under ticker SPCX, quickly reaching a $2.85 trillion market cap and surpassing Tesla, Meta, and Amazon. This historic IPO raised $85.7 billion, the largest ever, making Elon Musk the world's first trillionaire. The event chal...

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SpaceX options trading sparks talk of a gamma squeeze pushing stock to $400.

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SpaceX (SPCX) options began trading on Cboe and Nasdaq, generating massive interest and high implied volatility due to no prior positioning history. Experts warn of a potential gamma squeeze, where heavy call option buying forces dealers to buy the u...

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SpaceX shares rise 5% pre-market, valuing company at $2.66 trillion, matching Amazon's market cap.

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