On June 12, 2026, SpaceX completed the largest initial public offering in history at a price of $135 per share, raising approximately $85.7 billion. Just three trading days later, this space and artificial intelligence company rewrote the global rankings of publicly listed companies by market value at an astonishing pace.

As of June 17, 2026, based on Gate stock market data, SpaceX’s stock price reached a peak intraday high of $225.64 on its third trading day after listing (June 16). At one point, the gain exceeded 17%; it ultimately closed at $201.80, a 4.9% increase on the day. During trading, SpaceX’s market capitalization briefly surpassed Microsoft and temporarily rose to the fourth-largest publicly listed company globally. By the close, it fell back to $2.66 trillion, overtaking Amazon’s $2.65 trillion, and officially ranked fifth worldwide. The top four were NVIDIA ($5.02 trillion), Google ($4.52 trillion), Apple ($4.40 trillion), and Microsoft ($2.93 trillion).

This jump means that since its listing, SpaceX has gained about 49% in total, with its market value increasing by nearly $90 billion compared with its $1.77 trillion valuation at the IPO. For any publicly listed company, such speed is truly rare.

Breaking the $200 mark: is it a pricing correction or the market overheating? On the first day of trading, SpaceX’s opening price reached $174