#SpaceX市值超越微软跻身全球前五 Listed for 3 days, market value approaches 3 trillion USD, Elon Musk's net worth hits 1.3 trillion USD, SpaceX is rewriting the global tech landscape
In the second week of June 2026, the history of the global capital markets was completely rewritten by a "rocket company."
On June 12th, SpaceX officially listed on NASDAQ, with the stock code SPCX. As of the close on June 16th, in just three trading days, SpaceX's stock price soared from the issuance price of $135 to $201.80, a total increase of about 49.5%. During trading, its market cap briefly touched approximately $2.97 trillion, surpassing Microsoft and Amazon, temporarily ranking as the fourth largest globally; by the close, it fell back to $2.66 trillion, surpassing Amazon to become the fifth largest company worldwide.
A company that was still losing $4.9 billion last year is demonstrating through its market performance that investors have extremely high expectations for the development potential of "space + AI."
01 Three trading days, from zero to 2.66 trillion in market value
SpaceX's IPO was destined to be extraordinary from the start. With an offering price of $135, issuing about 555.6 million shares, and a base fundraising of $75 billion. On its first day of listing, the stock closed at $160.95, a 19.22% increase, with a market cap surpassing $2 trillion. But this was just the beginning. On the second trading day (June 15th), SpaceX continued its rally, closing up 19.6% at $192.50. The single-day market cap increased by about $410 billion, reaching $2.52 trillion, ranking sixth among global listed companies.
On the third trading day (June 16th), SpaceX's intraday gains once expanded to 17%, with a market cap touching $2.97 trillion, surpassing Amazon and Microsoft. By the close that day, SpaceX was trading at $201.80, with a market cap of $2.66 trillion, officially overtaking Amazon to become the fifth largest company globally.
In just three trading days, from zero to $2.66 trillion. This is an extremely rare speed of market value growth in the history of global capital markets.
02 $85.7 billion in fundraising, the miracle of the largest IPO "greenshoe"!
SpaceX not only surged rapidly but also raised a lot of capital. Underwriters Goldman Sachs, Bank of America, and J.P. Morgan fully exercised the "greenshoe mechanism" (over-allotment option), purchasing an additional 83.3 million shares from SpaceX. This move pushed the total IPO fundraising from $75 billion to $85.7 billion. To compare, Saudi Aramco's 2019 IPO set a record at $29.4 billion. SpaceX's over-allotment portion alone reached $10 billion, enough to rank among the largest IPOs in history. The IPO attracted over $350 billion in subscription funds, with retail investors subscribing about $100 billion and institutional investors about $250 billion. In the two days before listing, retail buy-ins were equivalent to the total retail buy-ins of the entire U.S. stock market last week. $85.7 billion. This figure not only broke global IPO records but also means SpaceX raised more funding through its listing than many countries' annual fiscal revenues.
03 $1.3 trillion: the first trillionaire in human history
Elon Musk's personal wealth is expanding at a dizzying speed. On June 15th alone, Musk's net worth increased by $164.8 billion, a figure that exceeds the entire net worth of Warren Buffett, the world's tenth-richest person (about $146.4 billion). According to Forbes' real-time billionaire list, Musk's net worth reached $1.3 trillion. This scale is roughly equivalent to the combined net worth of the world's second to sixth richest individuals, about 8.8 times Buffett's. He is about $1 trillion richer than Larry Page, co-founder of Google, who has a net worth of $301.4 billion. Looking at the timeline provides clearer insight: last October, Musk became the first billionaire to reach a net worth of $500 billion; by December, he hit $600 billion; just four days later, he surpassed $700 billion. The listing of SpaceX directly pushed this number into the trillion-dollar range. Musk holds about 4.8 billion shares of SpaceX stock, plus 350 million stock options with an exercise price of $8.40 per share, with an ownership stake of about 38%.
04 Third day of listing, "spending" 60 billion: full stock acquisition of Cursor
While SpaceX's stock price continued to rise, Musk had already issued the first post-listing check, but not a single cent of cash was spent. On June 16th, SpaceX announced a $60 billion all-stock acquisition of AI programming assistant Cursor's developer, Anysphere. Existing Cursor shareholders will convert their shares into SpaceX Class A common stock at an implied valuation of $60 billion, with the merger expected to complete in Q3 2026. This deal had been foreshadowed earlier. In April, SpaceX had obtained an option to acquire Cursor at $60 billion; if they declined, they would pay a $30k cooperation fee. Cursor's annualized B2B revenue is about $2.6 billion, 24 times its valuation from 15 months ago.
Why Cursor? SpaceX explained in its statement that Cursor has "leading products and distribution services aimed at professional software engineers," while SpaceX has "a supercomputer with millions of H100 processors called Colossus," and combining the two will "build the most practically valuable model globally."
Previously, xAI (SpaceXAI) lagged behind OpenAI and Anthropic in the AI programming market. The addition of Cursor is expected to strengthen its layout in AI application layers and developer ecosystems.
The story of SpaceX is essentially a pricing experiment based on "faith." A company that lost $4.9 billion last year has surpassed Amazon and Microsoft in market value within four days. This is not valuation based on current profitability but a collective bet by the capital market on the future of "space + AI"—betting that Starlink can cover 500 million users, orbital data centers can solve Earth's energy bottlenecks, and Cursor can help xAI (SpaceXAI) catch up with OpenAI and Anthropic. The $85.7 billion raised, $2.66 trillion market cap, and $1.3 trillion personal wealth behind these numbers reflect humanity's unprecedented commercial attempt to "leave Earth."
Behind SpaceX's high valuation are the tangible support from the continuous expansion of Starlink and long-term market expectations for AI, orbital computing, and multi-planet infrastructure. Whether these expectations can be gradually realized remains to be seen. But one thing is certain: SpaceX is no longer just a traditional aerospace company but is becoming an important example for global capital markets observing future technological directions. For investors, perhaps what is truly worth continuous attention is not short-term stock price fluctuations but how much of these grand visions can be turned into tangible results in the coming years. $SPCX

#认证创作者专属推广任务 Situation between the U.S. and Iran suddenly changes? Gold and silver plunge! Cryptocurrency markets tumble across the board, over 120k traders liquidated
June 19, the negotiations between the U.S. and Iran face new uncertainties, coupled with the Federal Reserve's more hawkish monetary policy stance, causing the dollar index to soar to a one-year high. Spot gold comes under pressure and drops sharply, while the cryptocurrency market collectively plunges.
Gold and silver plunge
On the morning of June 19, spot gold opened lower, falling below $4,200 during the session, with the latest decline exceeding 1.2%.
Spot silver fell below $65 per ounce, down nearly 2% intraday.
Bitcoin drops below $63,000, over 120k traders liquidated
The cryptocurrency market also declined, with Bitcoin briefly falling below $63,000, down 2.64% intraday. Additionally, Ethereum, SOL, XRP, and others also followed suit.
According to Coinglass data, over 120k traders were liquidated in the past 24 hours, with total liquidation amounting to $469 million, including $380 million in long positions and $91.44 million in short positions.
News updates
U.S. White House: Wans cancels Iran negotiations trip, Iran delays Switzerland trip
According to CCTV News, due to ongoing Israeli attacks on Lebanon, Iran has postponed its trip to Switzerland. On June 18 local time, an informed source said that because of Israel’s continued attacks on southern Lebanon, Iran’s negotiation delegation has delayed its trip to Switzerland.
The source stated that before deciding to suspend the trip, the delegation was already preparing to depart and planned to initiate the first round of 60-day negotiations. Iran had previously informed the U.S. and mediators that the Lebanon issue remains a core part of the U.S.-Iran negotiations and will directly impact whether talks continue or are halted.
The source also revealed that Iran warned that Israeli forces have penetrated about 10 kilometers into Lebanon, continuing military operations and attacks, openly violating the first clause of the memorandum of understanding.
On June 18 local time, the White House said that because logistical arrangements for the next phase of negotiations have not yet been finalized, Vice President Wans will no longer depart for Switzerland as originally scheduled that evening. Wans was scheduled to attend the U.S.-Iran memorandum signing ceremony in Switzerland on June 19.
A White House spokesperson said that, as Wans stated at a press conference that day, the details of upcoming technical negotiations are still not finalized, and the U.S. team is ready to depart at any time, but “logistical arrangements for these negotiations are never simple and are hard to predict.”
The spokesperson added that Wans will not depart that evening, and once the next steps are clear, an announcement will be made promptly. The White House also expressed hope to resume technical negotiations as soon as possible.
Additionally, Pakistani Prime Minister Shehbaz, who is mediating the U.S.-Iran memorandum, has also canceled his planned trip to Switzerland.
The Secretary of Iran’s Supreme National Security Council issued a statement on June 19, saying Iran will closely monitor the implementation of the U.S.-Iran memorandum of understanding, and if the U.S. violates, Iran will take firm countermeasures.
Israel is negotiating with the U.S. on maintaining its military presence in Lebanon
Xinhua Beijing, June 19 — Two Israeli officials revealed on June 18 that Israel is firmly seeking to retain its military presence in southern Lebanon and is in negotiations with the U.S. on this issue. One official, speaking on condition of anonymity, told Reuters that Israel is engaged in “firm stance negotiations” with the U.S. government. Israel’s position will not compromise, including continuing to deploy troops south of the Litani River in Lebanon. Another anonymous Israeli official said the outcome of the negotiations ultimately depends on whether U.S. President Trump decides to “apply strong pressure” on the issue of the military presence and threaten Israel that “if it does not comply with the terms of the U.S.-Iran memorandum of understanding, the U.S. will take corresponding measures.”
The Israeli Prime Minister’s Office has not yet responded to the above reports. The text of the U.S.-Iran memorandum of understanding released on the 17th includes provisions for the immediate and permanent cessation of all military actions on all fronts, including Lebanon, explicitly respecting Lebanon’s territorial integrity and sovereignty. According to Lebanon’s “Square” TV station on the 18th, the Israeli military launched attacks on two locations in southern Lebanon that day. Iranian Foreign Ministry spokesperson Baghai also stated on the 18th that if Israel continues attacking Lebanon, it will be considered a violation of U.S. commitments.