Monday, April 13, 2026, at the SpaceX facility in Hawthorne, California, USA.
Ethan Swope | Bloomberg | Getty Images
SpaceX is set to list on the Nasdaq on Friday, and traders at prediction market platform Polymarket are confident the stock will skyrocket.
Elon Musk’s rocket company is expected to sell for $135 per share, giving it a market value of $1.77 trillion. However, traders believe it is likely to extend further north from there on the first day of trading.
There is an 84% chance that SpaceX will close with a market cap of more than $1.8 trillion, according to traders at Polymarket. There is a 69% chance that SpaceX will exceed $2 trillion.
Based on an expected initial market cap of $1.77 trillion, the roughly $2 trillion capitalization would represent a 13% gain for SpaceX on Friday. HyperLiquid’s pre-IPO perpetual futures indicate SpaceX could rise more than 20% on its first day of trading.
Traders believe SpaceX will close with a market cap of more than $2.2 trillion, saying there is less than a 50-50 chance of that happening.
A closing price above $2 trillion would put SpaceX in an exclusive club. Only five other U.S. companies are valued at more than $2 trillion: Nvidia, Apple, Alphabet, Microsoft, and Amazon.
SpaceX’s $2 trillion figure would even exceed semiconductor giant Broadcom’s $1.85 trillion valuation. Even at an expected initial valuation of $1.77 trillion, SpaceX will prove to be bigger than Musk’s flagship electric vehicle. Tesla’s market capitalization late Thursday was about $1.72 trillion, according to FactSet data.
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