SpaceX is set to continue its explosive upward trajectory in Monday trading following a historic, record-breaking debut on Wall Street last Friday that shattered multiple financial records. The aerospace and artificial intelligence juggernaut officially went public on the Nasdaq exchange on June 12, 2026, launching the largest initial public offering (IPO) in financial history by raising a staggering $75 billion—more than double the prior record set by Saudi Aramco in 2019. Investor euphoria quickly carried the stock well past its pre-open price of $135, opening at $150 and rallying nearly 20% to close its first day at $161 per share. This initial pop propelled SpaceX’s total market capitalization past the $2.1 trillion threshold, cementing it as the sixth-largest U.S. company by market value and making CEO Elon Musk the world’s first-ever trillionaire with a net worth estimated at $1.1 trillion.
Market analysts anticipate sustained buying pressure through the week as passive funds, exchange-traded funds (ETFs), and institutional portfolios scramble to accommodate the massive listing. While entry into the S&P 500 may face regulatory lag, a fast-track inclusion into the Nasdaq 100 index within the month is expected to trigger automated, multi-billion-dollar inflows from tracking funds. Institutional demand during the IPO phase was oversubscribed by up to four times, leaving a vast pool of capital waiting to accumulate shares on the open market. This relentless demand, coupled with the company’s aggressive capital expansion into deep-space missions, Mars colonization infrastructure, and the massive data centers required by its newly absorbed xAI unit, has created a highly favorable environment for the stock to build on Friday’s monumental momentum.
