SpaceX Debuts at $160.95, Valuation Exceeds $2.1 Trillion

SpaceX closed at $160.95 in its Nasdaq debut on 16 June 2026, pushing the aerospace company to a $2.1 trillion valuation—nearly 20 percent above the $135 IPO price and $400 billion above the $1.75 trillion target. The pricing places SpaceX among the world's largest public companies by market cap, despite capital-intensive operations spanning launch services, Starlink broadband, and defense contracts. The valuation embeds long-duration bets on Starlink's global connectivity dominance and Starship's projected reusability economics.