SpaceX shares rose 20% on Monday, marking the first full trading day after a record-breaking debut last week on the Nasdaq.
Since its debut, approximately 244 million shares have been traded. On Friday, the trading volume exceeded 500 million shares, nearing Facebook’s 2012 debut when nearly 580 million shares changed hands.
On Friday, SpaceX’s stock closed at approximately $161, up from its initial price of $135 per share. This increase pushed the company’s market capitalization over $2 trillion, marking the largest initial public offering in history. On Monday, the stock rose about $31, closing at $192.50.
Following its record debut, SpaceX CEO Elon Musk posted on X, “I think SpaceX might be able to reach approximately $1T revenue in 2030.” He made a follow up post saying, “I would be surprised if revenue is not greater than $1T in 2031.”
Musk’s comments follow SpaceX’s $18.7 billion in revenue for 2025.
By CEO NA Editorial Staff
