SpaceX Surpasses $2.52T Valuation with 20% Rally After Nasdaq Debut
SpaceX’s market capitalization topped $2.52 trillion on Monday, ranking it sixth-largest globally and surpassing TSMC. The share price jumped nearly 20% in regular trading and 5% post-market after its Nasdaq debut, with Musk forecasting $1 trillion revenue by 2030.
1. Market Capitalization Milestone
SpaceX’s market cap reached $2.52 trillion on Monday, moving it into sixth place among global companies and overtaking Taiwan Semiconductor Manufacturing Company. It now trails Amazon by about 5% and sits behind Microsoft, Apple, Alphabet and Nvidia.
2. Share Price Performance
Shares closed nearly 20% higher in regular trading and gained an additional 5% after hours following the company’s Nasdaq debut. The rapid rally reflects strong investor demand for SpaceX equity since its market debut last week.
3. Direct Communication Strategy
SpaceX announced it will distribute quarterly and annual results exclusively on its website and X account, bypassing traditional wire distribution services. This approach aims to streamline investor access and reduce reliance on external media outlets.
4. Revenue Forecast and Analyst Perspectives
Elon Musk forecasts approximately $1 trillion in revenue by 2030, expecting further upside in 2031. Analysts highlight the potential of Starlink expansion, orbital AI computing and entry into mobile services to drive the next phase of growth.
