SpaceX shares (SPCX) closed at $148.68 on September 25, 2026, following a volatile post-IPO period that saw the stock peak near $226 in mid-June before settling into a $145–155 range amid heavy trading volume. The company’s June 12 IPO at $135 priced the firm near $1.77 trillion; subsequent revenue growth—driven by Starlink connectivity and expanding AI compute contracts—has supported the current roughly $2 trillion market capitalization, though GAAP losses persist from elevated capital expenditures. Analyst consensus targets average $222, reflecting expectations for continued backlog expansion and margin improvement, while traders monitor upcoming Starship milestones and quarterly filings for signals on execution. Short-term price action remains sensitive to broader risk appetite and any shifts in monetary policy expectations affecting growth valuations.