SpaceX shares rise 20% on first full day of trading
SpaceX shares jump 20% after Nasdaq debut, lifting its value above $2 trillion See why Musk’s revenue forecast is fueling debate over the stock’s sky-high rise
SpaceX shares rose 20% on Monday, the company’s first full day of trading after its recordsetting Nasdaq debut last week. The stock closed at $192.50, up from its $135 offering price, pushing the company’s market value above $2 trillion.
Trading was heavy, with about 244 million shares changing hands on Monday after volume topped 500 million on Friday. The debut was the largest IPO in history, raising $75 billion before the overallotment was exercised.
The rally came after CEO Elon Musk said on X that SpaceX could reach about $1 trillion in revenue by 2030. The company reported $18.7 billion in revenue in 2025, while analysts remained divided over its valuation and longterm growth prospects.