SpaceX stock surged more than 5 % in pre‑market trading Monday, following a record‑setting debut that vaulted the company into the world’s most valuable space firm. Shares sold at $135 per share in the IPO rose to $169, reflecting investor appetite for Musk’s ambitious agenda across its satellite, AI, and rocket divisions and new revenue streams.

The $75 bn offering marked the largest U.S. IPO ever, with proceeds earmarked for Starship development and a sprawling network of orbital AI data centers. Musk’s control structure, while controversial, has not deterred a flood of buyers eager to capitalize on the company’s high valuation as it positions itself to dominate future space and AI markets.

Index inclusion looms as SpaceX joins Nasdaq, FTSE, and MSCI trackers, a move expected to lift liquidity and broaden ownership. Investors expect the listing to support an expanding ecosystem that includes X, the social media arm, and xAI, the artificial‑intelligence lab providing a foundation for future monetization of satellite data and AI services worldwide today.

With a market cap now hovering above $400 bn, SpaceX has cemented its status as a technology powerhouse. The IPO’s success signals investor confidence in high‑risk, high‑reward ventures that blend space exploration with artificial intelligence. This momentum may pressure competitors to accelerate their own capital‑raising strategies to keep pace and secure future growth opportunities for the industry to thrive today.