SpaceX becomes – SpaceX shares surged more than 19% on Friday, closing at $160.95 and valuing the company at $2.1 trillion—making it more valuable than Tesla at $1.52 trillion. The move also put SpaceX among the world’s largest public companies.
On Friday, SpaceX didn’t just move up a little—its stock closed at $160.95 per share after jumping more than 19% from its IPO price of $135. By the numbers that follow Wall Street around all day, the rocket, satellite, and AI company is now valued at $2.1 trillion.
That valuation is the headline: SpaceX has become more valuable than Tesla. Tesla’s shares also rose Friday, but its market capitalization is $1.52 trillion—leaving SpaceX ahead by a wide margin.
The jump carried SpaceX further than investors often expect in a single session. SpaceX became the world’s seventh-largest public company by market cap on Friday, and the sixth-largest US public company. Only Nvidia ($NVDA), Alphabet ($GOOG, $GOOGL), Apple ($AAPL), Microsoft ($MSFT), Amazon ($AMZN), and Taiwan Semiconductor ($TSM) sit above it.
For many traders, the significance isn’t only the rank—it’s the possibility of what comes next. The distinction between Tesla and SpaceX may not stay clean for long. A merger between the two companies is reportedly being openly discussed.
Wedbush analyst Dan Ives put it in terms of what could happen over time. writing in a note to clients earlier this year: “In our view. there is a growing chance that Tesla will eventually be merged in some form into SpaceX/xAI over time. ” and adding. “The view is this growing AI ecosystem will focus on Space and Earth together … and Musk will look to combine forces/technologies over time.”.
The sequence is straightforward: SpaceX climbs to $2.1 trillion on Friday, Tesla holds at $1.52 trillion, and the conversation around bringing the two under one umbrella grows louder. If investors believe that runway, the numbers won’t just be a snapshot—they’ll be a bet.
SpaceX stock Tesla valuation market capitalization IPO price Dan Ives Wedbush xAI NVDA Alphabet Apple Microsoft Amazon Taiwan Semiconductor
So Tesla is basically done then? SpaceX already won.
19% in one day is wild. I don’t even understand how it’s worth more than Tesla but I guess people really love rockets and AI now. Also the merger talk sounds like pure rumor until it’s not.
Wait, the article says IPO price was $135 and it closed at $160.95… so how is that “overtakes” Tesla? Market cap math confuses me. But if Elon is merging everything anyway, then yeah sure, sounds inevitable.
This is what happens when investors gamble on “space and Earth together” or whatever. I’m not saying it’s wrong, I just feel like Tesla got left behind and then they start pitching a merger like it’s a plan. Also $2.1 trillion sounds fake, like that’s not even a real number for a company that just does rockets.