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Breaking $2.27 Trillion. SpaceX Valuation Surpasses TSMC to Rank Seventh in US Stocks, Major Options Listing Next Tuesday

TradingKey

AuthorAndy Chen

Jun 12, 2026 5:15 PM

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SpaceX commenced trading on Nasdaq at $150, opening 11% above its offering price, and surged to $172, reaching a $2.27 trillion market capitalization. This valuation places SpaceX seventh globally, behind Amazon and ahead of TSMC. Options trading is set to begin next Tuesday on Cboe and Nasdaq, with expectations of strong demand and increased underlying stock activity. SpaceX has maintained positive cash flow since 2015. IPO funds will fuel growth, focusing on satellite deployment and space-based AI data centers. The acquisition of xAI in February 2026 aims to synergize aerospace and AI operations.

AI-generated summary

TradingKey - SpaceX ( SPCX) listed on the Nasdaq Stock Market today with an opening price of $150, approximately 11% above its offering price.

As of press time, SpaceX shares broke through $172, surging 27.47%. The space company's latest market capitalization climbed to $2.27 trillion, surpassing the $2.2 trillion valuation of Taiwan Semiconductor Manufacturing Company ( TSM ), and currently trailing only the $2.55 trillion valuation of Amazon ( AMZN ), ranking seventh on the market value leaderboard.

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An official spokesperson confirmed that SpaceX options will be listed on platforms including Cboe Global Markets, the largest U.S. options exchange operator, and Nasdaq, with official trading scheduled to begin next Tuesday.

The market broadly expects strong demand for the options products. Options provide investors with tools to bet on price volatility and hedge against downside risks. Furthermore, as trading volume increases, the additional demand for the underlying stock generated by traders hedging their derivative positions is also expected to further drive the overall trading activity of the stock.

Recently, Elon Musk stated that SpaceX has maintained positive cash flow since 2015. All funds raised from this IPO will be used to support the company's next phase of rapid growth, with core investments directed toward frontier projects such as the deployment of over 100,000 communication satellites and the establishment of space-based AI data centers.

As the world's first trillionaire, Musk founded SpaceX with a focus on reusable rocket technology. To date, the Starlink satellite internet service has become the company's only profitable business unit. In February 2026, SpaceX completed its acquisition of Musk's xAI, incorporating assets such as AI models, data centers, and the social platform X, further facilitating business synergy between aerospace and AI.

This content was translated using AI and reviewed for clarity. It is for informational purposes only.

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Disclaimer: The content of this article solely represents the author's personal opinions and does not reflect the official stance of Tradingkey. It should not be considered as investment advice. The article is intended for reference purposes only, and readers should not base any investment decisions solely on its content. Tradingkey bears no responsibility for any trading outcomes resulting from reliance on this article. Furthermore, Tradingkey cannot guarantee the accuracy of the article's content. Before making any investment decisions, it is advisable to consult an independent financial advisor to fully understand the associated risks.

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