SpaceX Surges 19% on Nasdaq Debut, Valued at $2.1 Trillion, Overtaking Industry Giants

SpaceX launched its Nasdaq debut with a strong opening bell performance. Shares rose 19% on the first day of trading. The surge pushed the company’s market value to about $2.1 trillion. This valuation placed SpaceX ahead of established aerospace competitors. The IPO attracted a broad base of institutional and retail investors. Proceeds are expected to fund next‑generation launch vehicles. Analysts view the debut as a validation of commercial space demand. Competitors may need to reassess their market strategies. Future earnings reports will reveal whether the momentum sustains.