SpaceX stock jumps 20% in first full day of trading after record debut

• Shares of SpaceX climbed on Monday, their first full day of trading after jumping 20% in their debut on Friday.
• SpaceX completed the biggest IPO in history, raising $75 billion before underwriters exercised their overallotment.
• CEO Elon Musk posted on X on Sunday that the company “might be able to reach approximately” $1 trillion revenue in 2030, up from $18.7 billion last year.

SpaceX shares climbed 20% on Monday, the first full day of trading following a record-breaking debut last week on the Nasdaq.

Roughly 244 million shares changed hands. Trading volume on Friday topped 500 million shares, approaching Facebook’s debut in 2012, when close to 580 million shares were traded.

SpaceX on Friday saw its stock closing at around $161 after being priced at $135 per share. That put the company’s market capitalization above $2 trillion, after the biggest initial public offering in history. The stock added about $31 on Monday to close at $192.50.

Elon Musk, CEO of SpaceX, posted on X on Sunday that the company “might be able to reach approximately” $1 trillion revenue in 2030.

“And I would be surprised if revenue is not greater than $1T in 2031,” Musk added in a follow-up post.

SpaceX reported $18.7 billion in revenue in 2025.

Musk’s space company operates the Starlink satellite internet service and a fleet of reusable rockets. In February, Musk merged the company with his artificial intelligence startup xAI. SpaceX lost nearly $5 billion in 2025 and the blockbuster IPO has sparked debate over whether the company’s huge valuation is justified.

https://www.cnbc.com/2026/06/15/spacex-stock-record-ipo-debut.html