SpaceX's stock closed up 19.6% on June 15, its first full day of trading; Musk said it “might be able to reach” ~$1T in revenue in 2030, up from $18.7B in 2025

SpaceX shares climbed 20% on Monday, the first full day of trading following a record-breaking debut last week on the Nasdaq.

CNBC 2026-06-16 Arjun Kharpal

Context & Ripple Effects

The related coverage tracks SpaceX from its Nasdaq pricing at $135 and $150 opening to a $160.95 debut close, placing the June 15 rise in the immediate aftermarket phase rather than an isolated trading session.

The reported valuation has moved sharply upward alongside Musk’s 2030 revenue ambition, making the stock’s early trading a live test of how public investors price a long-duration growth narrative.

First-order effects

SpaceX’s public-market valuation and shareholder wealth rise immediately as shares extend their post-debut gain.
Musk’s revenue target becomes a central benchmark for public investors assessing SpaceX, against the stated 2025 revenue base of $18.7 billion.

Second-order effects

Early price strength raises the valuation bar SpaceX will need to defend through future disclosures and execution against its stated growth ambitions.
The debut gives public markets a prominent new reference point for valuing large, high-growth space businesses, even though the coverage provides no evidence yet of direct effects on named rivals.

Third-order effects

If investor support persists, space infrastructure companies may increasingly be judged as scalable public-market growth platforms rather than solely as private, capital-intensive ventures.
That shift would also make operating milestones and revenue visibility more consequential to valuation; the available coverage is too limited to establish whether this repricing will endure.

The trend: SpaceX’s debut is one data point in the broader migration of highly valued private technology-and-infrastructure companies into public markets with exceptionally high growth expectations.

Discussion

@elonmusk Elon Musk on x
@JonErlichman I think SpaceX might be able to reach approximately $1T revenue in 2030
@jbulltard1 @jbulltard1 on x
uh this is like 50x current revenue in under 5 years? https://x.com/...
@byrnehobart Byrne Hobart on x
@Stonks7733221 He said that at an investor day where they made the usual disclosures. But also, doing this around the time of an IPO is trickier, since the rules around projections are stricter ( https://scholarship.law.vanderbilt.edu/ ...). [image]
@a16z @a16z on x
The mission statement SpaceX adopted when it absorbed xAI in February reads: “scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars.” This is, depending on how you read it, either the most ridiculous thing a serious company
@byrnehobart Byrne Hobart on x
The good news is that you can bump up their projected EBITDA margins relative to peers since their legal/compliance expense apparently does not scale with revenue the way it might at other companies.
@sarahdingwang Sarah Wang on x
Looking back at our notes on SpaceX diligence call notes, two things stand out: 1) Almost nobody could see the economics working 2) Everyone was terrified of betting against Elon They have since: - Completed hundreds of launches - Put >10,000 Starlink satellites in space - [image…
@kobeissiletter @kobeissiletter on x
Absolutely incredible. SpaceX, $SPCX, is now trading above $220/share in overnight trading. This makes SpaceX worth nearly $2.9 TRILLION, less than $100 billion away from surpassing Microsoft. This also puts SpaceX up +63% from its IPO price of $135/share. Furthermore, the
@amitisinvesting Amit on x
Took some trades on SpaceX $SPCX today. Bought and sold for a few bucks, but this thing is absurdly volatile, which ironically will attract many traders. 130M shares traded after 500M traded on Friday. Options open up tomorrow and I would bet that $SPCX is in the top 5 daily, [im…
@elerianm Mohamed A. El-Erian on x
The successful SpaceX fundraising illustrates yet again the power of US capital markets. While admiring the markets' ability to fund companies at an ever-increasing scale, a question will attract more attention in the months ahead: Can the supply of long-term funding expand to
@thestalwart Joe Weisenthal on x
In today's Odd Lots newsletter, I wrote about why I'm skeptical of all the talk about big IPOs sucking liquidity out of the market, or other such stories. Maybe some people stock to buy up SpaceX. But also a bunch of SpaceX employees have the chance to diversify their holdings. […
@robertgraham Robert Graham on x
Bookmarking this. SpaceX's rockets and Starlink are phenominal businesses that are changing the world. But the biggest reason I wouldn't invest anything (but play money) in SpaceX is that it's led by a dishonest and corrupt Musk. This prediction is as unlikely to come true as
@howardlindzon Howard Lindzon on x
...and on the seventh day Elon said...when you are a trillionaire, Goldman's Sack and Jamie Demon let you price your own IPO and cut their fees
@tbpn @tbpn on x
Atreides' @gavinsbaker says that once Starship is reusable, the economics of orbital compute crush the economics of terrestrial compute. He lays out the math: “Once $SPCX can reuse Starship, the math for orbital compute becomes pretty compelling.” “It's $60B to bring on a GW [vid…
@elonmusk Elon Musk on x
Sign up for SpaceX investor relations updates!
@robertgraham Robert Graham on x
These sorts of things are stupid because any FINANCIAL analysis depends upon TECHNOLOGY. SpaceX has been wildly successful with their “Falcon 9” rocket that brought launch costs from $7,000/kg to $1,000/kg, which was essential to being able to make Starlink profitable. SpaceX
@buccocapital @buccocapital on x
Elon Musk's net worth increased by $165B *today* Warren Buffett's net worth is $147B
@arpitrage Arpit Gupta on x
@ByrneHobart Securities regulations mean a guy can't even think anymore smh
@tradfi @tradfi on x
*SPACEX: DOES NOT INTEND TO RELEASE QUARTERLY OR ANNUAL FINANCIAL RESULTS OR OTHER MATERIAL NEWS THROUGH WIRE DISTRIBUTION SERVICES *SPACEX: WILL ANNOUNCE MATERIAL INFORMATION TO PUBLIC PRIMARILY THROUGH INVESTOR RELATIONS PAGE ON ITS AND ITS X ACCOUNT - SEC FILING $SPCX
@a16z @a16z on x
Against all odds. Congrats @elonmusk and @SpaceX. [video]
@pronounced_kyle Christian Keil on x
Here's the entire history of spaceflight, with some key dates annotated. Can you see the impact of SpaceX? [video]
@yatharthmann Yatharth Mann on x
I don't think he realises SpaceX is a public company now and he's not supposed to say things like this randomly on the internet lol
@jimcramer Jim Cramer on x
SpaceX trading at $200... Monster!
@elonmusk Elon Musk on x
Make our Sun sentient to understand the Universe and extend the light of consciousness to the stars
@byrnehobart Byrne Hobart on x
I'm not a securities lawyer, but I think they may technically have to file an updated prospectus with this guidance. Also, I think there's no safe harbor here as there would be with regular guidance. Fun times. [image]
@pmarca Marc Andreessen on x
https://x.com/...
SpaceX SpaceX on x
Space Exploration Technologies Corp. Announces Closing of Initial Public Offering, Including Full Exercise of Underwriters' Option to Purchase Additional Shares
NewsMax.com Lee Barney on x
SpaceX Gains 6% Premarket Amid Valuation Concerns

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