SpaceX Jumps 6% as Sequoia’s Maguire Compares Trajectory to NVIDIA

Key Facts

1SpaceX shares jumped 6% in premarket trading following a historic $2T IPO debut.

2Sequoia's Shaun Maguire vowed never to sell his stake, comparing SpaceX's potential to early NVIDIA.

Following weeks of anticipation, SpaceX announced strong results coinciding with its historic public debut. SpaceX shares jumped 6% in premarket trading following a landmark $2 trillion IPO debut. Shaun Maguire of Sequoia Capital stated he would never sell his stake in the company, comparing SpaceX's long-term potential to the early growth trajectory of NVIDIA.

This optimism comes as mega-cap tech companies see record valuations, with NVIDIA's market cap currently exceeding $3 trillion per market data, making Maguire's comparison a significant signal for future growth. Compared to aerospace peers, SpaceX's $2 trillion valuation places it in a unique category, far surpassing the market capitalization of Boeing, which sits near $110 billion per market data.

Investors should watch liquidity levels following this massive debut, as the stock maintained elevated levels in its initial sessions (close June 15, 2026). Looking at the economic calendar, attention turns to the U.S. Inflation Rate (CPI) data due on June 10, 2026, which could impact risk appetite across the technology and growth sectors.