SpaceX Prints 12% Gains on Day Two, Proving Even Mars Has a Bull Run 🚀

SpaceX shares extended their post-IPO rally on Monday, climbing roughly 12% to $179.97 in the stock's second trading session on the Nasdaq under the ticker SPCX. The Class A shares opened at $171.81 and reached an intraday high of $179.50, up $19.02 from the previous close of $160.95, according to Yahoo! Finance data. The move pushed the company's intraday market capitalization to about $2.35 trillion on volume exceeding 144 million shares.

The gains build on a record-setting debut in which SpaceX shares rose 19% on day one, opening at $150 and peaking at $176.52 before closing up more than 19% from the $135 offer price. The offering sold more than 555 million shares and raised roughly $75 billion, making it the largest IPO ever recorded. The debut lifted SpaceX's market value to $2.2 trillion, ranking the company ahead of Meta, Samsung and Tesla, while still trailing Nvidia, and cemented Elon Musk's status as the world's first trillionaire.

Despite the market reception, SpaceX remains unprofitable. The company recorded $18.7 billion in revenue over the past year and posted a loss of $8.7 billion between the start of 2025 and March 31, 2026. The stock's two-day advance comes against that backdrop, with heavy trading volumes underscoring strong investor appetite for the listing since its market debut.