SpaceX's stock closed up 19.6% on June 15, its first full day of trading; Musk said it "might be able to reach" ~$1T in revenue in 2030, up from $18.7B in 2025
SpaceX shares climbed 20% on Monday, the first full day of trading following a record-breaking debut last week on the Nasdaq.
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SpaceX Soars 19.6% on First Full Trading Day
SpaceX stock surged nearly 20% on Monday as Musk eyes a staggering $1 trillion in revenue by 2030.
SpaceX absolutely ripped on its first full day as a public company. Shares closed up 19.6% on Monday, riding momentum from what was already the largest IPO in history on the Nasdaq.
The numbers tell quite a story. The company pulled in $18.7 billion in revenue in 2025. Elon Musk now says SpaceX "might be able to reach" roughly $1 trillion in revenue by 2030. That's a 50x jump in five years. Bold, even by Musk standards.
The debut smashed records last week, and Monday's pop suggests Wall Street isn't done betting on rockets. SpaceX joins public markets at a moment when commercial spaceflight demand is surging and Starlink's subscriber base keeps expanding.
Whether that trillion-dollar target is realistic or aspirational theater remains to be seen. But investors are clearly buying the vision — literally.