🚀 SpaceX Nears $3 Trillion Valuation as Post-IPO Rally Accelerates

SpaceX shares continued their powerful post-IPO surge on Monday, extending gains after an impressive debut that has quickly pushed the company toward a $3 trillion market valuation.

After completing the largest IPO in history last week, the aerospace giant ended its first trading day with a market capitalization of roughly $2.1 trillion. The stock then climbed nearly 20% during Monday's session and gained another 11% in after-hours trading, briefly valuing the company at more than $3 trillion.

At its peak after the close, SpaceX surpassed several major technology firms in market value, placing it among the world's largest publicly traded companies. Investors appear to be embracing CEO Elon Musk's long-term vision, which includes expanding satellite networks, building AI-focused infrastructure in space, and advancing lunar and Martian missions.

The company entered public markets at a valuation equivalent to roughly 90 times annual revenue. Musk emphasized that SpaceX has generated positive cash flow for years and described the IPO as the beginning of a major expansion phase.

A key driver of investor enthusiasm is Starlink, the company’s satellite internet division, which remains its most profitable business segment. Analysts also point to growing government spending on space and defense initiatives as a significant tailwind for future growth.

According to analysts, the global space economy could expand from approximately $600 billion today to nearly $1.8 trillion by 2035. SpaceX is expected to remain a major beneficiary, supported by strong ties to U.S. government programs and its role as one of NASA’s largest commercial contractors.