SpaceX Market Cap Surpasses $2.5 Trillion Following Record $85.7 Billion IPO Proceeds
2026-06-16 16:37

Data compiled by Woofun AI shows that SpaceX shares appreciated by approximately 11% in pre-market trading, extending a cumulative gain of over 40% since its public debut. By the close of Monday's session, the aerospace giant’s market capitalization breached the $2.5 trillion threshold, narrowing the valuation gap with Amazon, which stands at nearly $2.7 trillion.

Concurrently, SpaceX disclosed the exercise of its over-allotment option, enabling underwriters to distribute an additional 83.3 million shares. This greenshoe mechanism expanded the total fundraising pool to $86.2 billion, resulting in net proceeds of $85.7 billion after deducting the $500 million underwriting fee. Vanda Research data indicates that retail investor accumulation during the first two trading days equaled the entire US stock market's retail volume for the preceding week, effectively mitigating concerns regarding liquidity absorption for this scale of issuance.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Share:
back