SpaceX is preparing for its Nasdaq debut, pricing its shares at $135, which would initially value the company at $1.77 trillion. However, traders on Polymarket are predicting a strong performance, with an 84% chance that SpaceX's market cap will exceed $1.8 trillion by the end of its first trading day, and a 69% likelihood of surpassing $2 trillion.
Such a valuation would represent a 13% increase from the initial price and would position SpaceX alongside only five other U.S. companies—Nvidia, Apple, Alphabet, Microsoft, and Amazon—that have achieved market caps above $2 trillion. Additionally, pre-IPO futures on Hyperliquid suggest a potential jump of over 20% on the first day.
Even at the expected valuation of $1.77 trillion, SpaceX would surpass Tesla's market value of approximately $1.72 trillion, highlighting its significant market presence