SpaceX shares rose more than eight percent [1] in pre-market trading on Monday, June 15, following a surge of roughly 20% [2] on the previous trading day.
This rapid growth follows the company's record-size initial public offering and signals strong investor confidence in the future of commercial space exploration. The rally has pushed the company's valuation into a tier shared by only the largest global corporations.
Shares reached $173.67 [3] during the Monday pre-market session. The previous day's spike was reported as approximately 20%, though some sources noted a 19% increase on the debut [2].
Market valuation estimates for the company vary. Some reports place the value at over $2 trillion [4], while others cite $2.1 trillion [5]. More recent data suggests the valuation is nearing $3 trillion [6] as the rally continues.
CEO Elon Musk provided a catalyst for the growth by discussing the company's financial trajectory. Musk said the company "might be able to reach approximately $1 trillion revenue in 2030" [7].
Analysts said the stock movement is driven by a combination of Musk's projections and broader macroeconomic factors. Market optimism has increased recently due to a potential end to the war in Iran [8].
SpaceX is now listed on the Nasdaq exchange in the U.S. [9]. The company's transition to a public entity allows for greater liquidity, and a more transparent valuation of its aerospace and satellite operations.
“SpaceX shares rose more than 8% in pre-market trading on Monday.”
The surge in SpaceX's valuation reflects a market shift where aerospace is being priced similarly to high-growth big tech. By projecting $1 trillion in revenue by 2030, Musk is positioning the company not just as a launch provider, but as a dominant infrastructure player in the global economy. The sensitivity of the stock to geopolitical news, such as the conflict in Iran, indicates that SpaceX is now viewed as a systemic asset in international relations and security.
