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MarketJun 16, 2026, 12:00 AM· United States

SpaceX stock gains 10% as it begins first full day of trading after record debut

Summary

SpaceX shares surged 10% on its first full trading day after a record debut last week, pushing its valuation above $2 trillion. The company is now one of the most valuable private tech firms globally, driven by optimism over its space exploration and Starlink business.

Why it matters

SpaceX's strong debut and $2 trillion valuation reflect high market confidence in its space ventures.

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SpaceX
Private / not listed