SpaceX nears $2.8T value after IPO surge

SpaceX’s stock rally accelerated in premarket trading on June 16, 2026, as shares rose 10.4% to $212.50. At that price, the company’s market capitalization was nearly $2.8 trillion, marking a rapid ascent in value in the days following its initial public offering.

The latest move builds on momentum from the company’s market debut, with investors continuing to bid up the newly listed shares. The rally has quickly positioned SpaceX among the world’s largest publicly traded companies by market value.

At a near-$2.8 trillion valuation based on the June 16 premarket price, SpaceX’s market value is now in close range of Amazon (AMZN), which stands at about $2.66 trillion. The gap between the two has narrowed sharply as SpaceX’s shares have advanced in early trading sessions.

This rapid rise means SpaceX is on course to rank among the very largest global companies by market capitalization if the gains hold through regular trading. The comparison with Amazon (AMZN) highlights the speed at which investors have priced in expectations for the newly public firm.

Trading volumes in SpaceX have been robust, reflecting strong investor interest and growing liquidity in the stock. By 05:02 a.m. ET on June 16, more than $1.76 billion worth of shares had already exchanged hands in premarket activity.

Such early-session turnover indicates active participation from both institutional and retail investors. The elevated volume also suggests that the market is rapidly digesting the large IPO and the subsequent price moves.

SpaceX is set to gain further visibility as major index providers prepare to add the stock to their benchmarks. FTSE Russell plans to include the company in its indexes on June 26, while MSCI will follow with an addition effective June 29, 2026.

The company has also increased the size of its IPO proceeds through the exercise of an over-allotment option. Underwriters used a greenshoe option to purchase additional shares, lifting total proceeds to $85.7 billion from the $75 billion raised at the time of the offering.

This combination of strong secondary-market performance, index inclusion, and expanded IPO proceeds underscores the scale of investor demand that has greeted SpaceX’s transition to the public markets.