SpaceX Shares Extend Gains as Investors Push Valuation Above $2 Trillion

SpaceX shares continued climbing on their first full trading day Monday after a blockbuster Nasdaq debut that already ranks among the largest IPOs in market history.

After surging roughly 19% on Friday, the stock gained another 5% to 8% in early trading, adding tens of billions of dollars to the company’s market value and reinforcing investor enthusiasm around Elon Musk’s aerospace and satellite company.

The IPO raised about $75 billion and pushed SpaceX’s valuation above $2 trillion, placing it among the world’s most valuable public companies.

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Retail investors played a major role in the debut. MarketWatch reported that individual investors purchased more than $117 million worth of SpaceX shares on IPO day, representing more than half of net retail stock buying activity.

While bullish investors point to SpaceX’s leadership in launch services and Starlink’s growth potential, analysts continue debating whether the company’s valuation can be justified over the long term.

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