SpaceX Shares Soar Again In Premarket As It Inches Towards $2.75 Trillion Market Cap

BreakingBusinessSpaceX Shares Soar Again In Premarket As It Inches Towards $2.75 Trillion Market CapBySiladitya Ray,Forbes Staff. Siladitya Ray is a New Delhi-based Forbes news team reporter.Follow AuthorJun 16, 2026, 05:18am EDTToplineSpaceX shares soared more than 10% in the premarket early on Tuesday, after rising almost 20% in its first full day of trading on Monday following a historic IPO launch last week for the rocket and AI company, which made its founder and CEO, Elon Musk, the world’s first trillionaire.SpaceX shares soared again in premarket trading early on Tuesday.Getty ImagesKey FactsIn premarket trading early on Tuesday, SpaceX’s stock price climbed to $212.4, up around 10.35% from Monday’s close.The rocket company’s market cap crossed $2.5 trillion on Monday and if the premarket surge holds, its valuation could surge past $2.75 trillion.SpaceX is currently the sixth most valuable company in the world and the premarket jump continues after the opening bell; it could overtake Amazon and inch close to Microsoft’s market cap. if (!window.cnxel) { window.cnxel = {}; window.cnxel.cmd = []; var iframe = document.createElement('iframe'); iframe.style.display = 'none'; iframe.onload = function() { var iframeDoc = iframe.contentWindow.document; var script = iframeDoc.createElement('script'); script.src = '//cd.elements.video/player.js?cid=62cec241-7d09-4462-afc2-f72f8d8ef40a'; script.setAttribute('defer', '1'); script.setAttribute('type', 'text/javascript'); iframeDoc.body.appendChild(script); }; document.head.appendChild(iframe); const preloadResourcesEndpoint = 'https://cds.elements.video/a/preload-resources-ovp.json'; fetch(preloadResourcesEndpoint, { priority: 'low' }) .then(response => { if (!response.ok) { throw new Error('Network response was not ok', preloadResourcesEndpoint); } return response.json(); }) .then(data => { const cssUrl = data.css; const cssUrlLink = document.createElement('link'); cssUrlLink.rel = 'stylesheet'; cssUrlLink.href = cssUrl;...