Global financial markets are experiencing an unprecedented tectonic shift caused by the initial public offering (IPO) of aerospace giant SpaceX (ticker: SPCX). The event, which officially launched on the Nasdaq exchange, became the largest listing in the history of global capital. As analysts of the 34.ua portal note, interest in the securities of Elon Musk’s company has gone far beyond Wall Street, shaking up the investment community around the world. As of mid-June 2026, SPCX shares are demonstrating crazy dynamics, turning the company into one of the most expensive technology giants on the planet.
Phenomenal Start: Numbers and Market Excitement
The company set the initial IPO price at $135 per share, expecting to raise about $75 billion. However, reality surpassed even the wildest expectations: the total amount of applications from investors exceeded an astronomical $250 billion. Taking advantage of this, the underwriters fully exercised the protective “greenshoe” option, increasing the final amount of funds raised to a record $85.7 billion .
In the first days of trading, the share price soared to a peak of $213.80 , and has now stabilized in the range of $196 – $201 . This means a net increase of more than 45% from the placement price. SpaceX’s current market capitalization has been fixed at $2.6 trillion . Thanks to this, the aerospace leader has overtaken Microsoft and come very close to Apple and Nvidia. In addition, this jump has officially secured the status of the world’s first trillionaire for Elon Musk, who owns 42% of the shares.
The main driver of this demand is the fact that investors are buying more than just a rocket business. SpaceX today is a powerful conglomerate that combines:
Starlink global satellite internet , which generates over 60% of the company’s total revenue ($11.4 billion out of a total of $18.7 billion last year).
Artificial intelligence infrastructure , strengthened after a strategic merger with xAI and integration with the Colossus supercomputer.
The Starship project and multi-billion dollar long-term contracts with NASA and the Pentagon.
Expert Opinion: What Wall Street’s Leading Analysts Say
Despite the euphoria in the market, financial institutions’ assessments of the future of SPCX shares are significantly divided. 34.ua journalists have collected three key positions of reputable experts.
Timothy Horan, Senior Analyst, Oppenheimer
Rating: Outperform (Above the market). Target price: $190
“We are witnessing a perfectly balanced entry into the market in the style of “Goldilocks”. The company did not become cheaper, but also gave early investors a great profit. SpaceX’s main value is its unique ecosystem. The combination of Starlink space infrastructure with xAI’s artificial intelligence technologies creates a monopoly that cannot be overtaken in the next decade. The current price is fully justified by the long-term potential.”
Nicolas Owens, Senior Analyst, Morningstar
Rating: Fair Value. Target price: $63
“The market is currently driven by pure emotion and FOMO, fueled by the fact that a record 30% of shares were allocated to small retail investors. If you strip away the media hype and look at the hard financial metrics — significant capital spending on AI modules and a accumulated first-quarter deficit — the stock looks severely overheated. The fair value of the securities is now much lower than the market value.”
Sarah Mandel, Director of Investment Strategies, Vanguard
Rating: Hold. Target price: Under review
“SpaceX’s contribution to the global industry is undeniable, but institutional investors should be cautious due to the specifics of corporate governance. Elon Musk retains 85% of the voting shares. This means that minority shareholders have virtually no influence on strategic decisions. High volatility will accompany SPCX shares for at least a few more months, until the market sees the first post-IPO financial reports.”
Recommendations for investors from 34.ua
Given the current market situation and high turbulence in SpaceX shares, our portal’s experts have formulated several practical tips:
Avoid buying at emotional peaks: you should not enter a position with all your capital at times when the price storms above $200. It is more logical to wait for a technical correction (market cooling).
Use a DCA strategy: If you believe in Musk’s space future, buy shares in fixed small portions once a week or once a month. This will smooth out price fluctuations.
Assess the risks of corporate governance: remember that by buying SPCX shares, you are completely trusting your capital to the decisions of one person. Any loud statements or actions by Musk in other projects (for example, in Tesla or X) will instantly be reflected in the course of SpaceX.
Own analytics and conclusion 34.ua
SpaceX’s public market entry is not just another successful IPO, but the final legitimization of the “new space economy” in the eyes of the conservative financial world. Musk has proven that space can be not only a romantic subsidy area for states, but also a highly profitable private business.
Analyzing current processes, the 34.ua team comes to the conclusion that SpaceX has deliberately outgrown the status of a purely aerospace enterprise. Integration with xAI artificial intelligence and the Starlink network turns the company into the main architect of the future global infrastructure for data transmission and processing. However, retail investors should not lose vigilance: currently, too many expectations for the future are embedded in the share price. The real test for SPCX will be the end of 2026, when the company will have to report to US regulators for every dollar spent on the development of Starship and the maintenance of AI servers. Until then, the securities will remain a highly profitable but extremely risky instrument.