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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting the surging momentum in the space technology sector, Neptune Digital Assets Corp. announced that its investment in SpaceX has officially commenced trading on the NASDAQ exchange. This follows the highly anticipated SpaceX public listing, which saw record-breaking retail demand. According to analyst reports, the valuation of the Elon Musk-led firm has reached a staggering $1.77 trillion, cementing its status as one of the world's most valuable technology entities.
This $1.77 trillion valuation places SpaceX in a league close to tech giants like Amazon (AMZN), which maintains a market cap near $1.9 trillion per market data. Compared to previous funding rounds in 2024, this figure represents a massive leap from the $210 billion valuation reported in June of last year (per Bloomberg citations), highlighting immense investor confidence in Starlink and manned spaceflight missions.
Operationally, traders are monitoring Neptune's stock (NPPTF) to gauge the impact of this listing on its balance sheet, following the market close on June 11, 2026. Looking ahead at the economic calendar, investors are eyeing President Lagarde's speech later today, June 12, alongside upcoming US inflation data next week, which could influence risk appetite for high-growth technology stocks.
Update: SpaceX shares officially commenced trading under the ticker SPCX, with early gains propelling Elon Musk’s net worth past the $1 trillion mark for the first time in history. This performance solidifies the listing's status as the largest IPO ever, creating a positive catalyst for investment vehicles like Neptune (NPPTF) as capital continues to flow into the space sector.