SpaceX Shares Extend Rally After Record-Breaking Stock Market Debut

SpaceX shares climbed more than 6% in early trading on Monday, building on the strong gains recorded during the company’s historic market debut. The stock surged 19% on its first trading day, helping push the company’s valuation above $2 trillion and placing it among the most valuable publicly traded companies in the world.

Investor optimism increased further after CEO Elon Musk stated that SpaceX could generate $1 trillion in annual revenue by 2030. The company reported revenue of $18.7 billion in 2025 but has not yet achieved profitability.

Strong Investor Demand Drives Growth

Retail investors showed significant interest in the stock, purchasing more than $117 million worth of shares on the first trading day. Market analysts believe SpaceX remains one of the most closely watched growth companies due to its expansion across space technology, satellite services and artificial intelligence-related projects.

Index Inclusion Could Boost SpaceX Shares

Investors are also watching upcoming catalysts that could support further gains. SpaceX is expected to join major stock indexes, including the Nasdaq 100, FTSE Russell and MSCI indexes later this month.

Analysts estimate that index inclusion alone could attract billions of dollars from passive investment funds and exchange-traded funds that track those benchmarks. While experts expect some volatility because of the company’s high valuation and limited public share supply, many believe strong institutional demand could continue supporting the stock in the near term.