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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a historic milestone that reshapes the hierarchy of global giants, SpaceX's market valuation has surpassed the $2 trillion mark. Shares of the aerospace leader rose more than 5.6% in premarket trading on Monday, extending the significant gains recorded following its blockbuster market debut last week.
This new valuation places SpaceX among the most elite companies on Wall Street, far outstripping traditional aerospace and defense peers like Boeing and Lockheed Martin. Per market data, the continued rally suggests that institutional appetite remains robust even after the initial $75 billion IPO, as investors price in the company's long-term dominance in space exploration.
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Sign InTraders should monitor price stability at these record levels as the June 15, 2026, session opens, specifically watching for support well above the original $135 IPO price. Looking ahead, the economic calendar shows upcoming Fed official speeches later this week which could impact broader risk sentiment for high-valuation growth stocks.