SpaceX Rockets into the Stock Market Stratosphere

SpaceX, spearheaded by CEO Elon Musk, marked its entry into the stock market with an awe-inspiring debut. The company, known for revolutionizing space travel with reusable rockets and groundbreaking projects like Starlink, made waves by achieving a valuation nearing $1.96 trillion, one of the largest globally.

SpaceX soared onto the stock market on Friday, capturing investor interest with CEO Elon Musk's ambitious plans. Known for projects from reusable rockets to the orbital AI endeavor, SpaceX has secured a spot among the world's largest valuations, estimated at around $1.96 trillion.

A timeline of SpaceX's journey showcases milestone moments: beginning with Elon Musk's 2002 founding using PayPal proceeds, to landmark achievements like the first private spacecraft docking at the ISS in 2012, and monumental contracts with NASA.

In recent years, SpaceX has pivoted from Martian dreams to lunar ambitions while its Starlink satellites aim to deliver worldwide high-speed internet. As of June 2026, SpaceX's IPO has shattered records, raising $75 billion in the largest-ever offering in U.S. history.