SpaceX Surges Past Taiwan Semiconductor to Become the World's 6th Most Valuable Company. Is It Too Late to Buy?

1 hour ago 1

Daniel Foelber, The Motley Fool

Thu, June 18, 2026 astatine 10:50 AM CDT 5 min read

In conscionable its 2nd trading time arsenic a nationalist company, Space Exploration Technologies (NASDAQ: SPCX) blasted supra a $2.5 trillion marketplace worth -- pulling up of Taiwan Semiconductor Manufacturing (NYSE: TSM) arsenic the world's sixth astir invaluable institution down Nvidia, Alphabet, Apple, Microsoft, and Amazon.

Here's what SpaceX needs to present to inactive marque it a bully maturation banal to bargain now.

Missed Nvidia successful 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" awesome flashed for a little-known chipmaker called Nvidia. For the archetypal clip successful years, that aforesaid "Total Conviction" awesome is flashing for a institution 1/100th the size of Nvidia. Continue »

A SpaceX Falcon Heavy during launch.

Image source: Getty Images.

The marketplace is showing a batch of request for SpaceX banal

SpaceX generated conscionable $18.67 cardinal successful 2025 gross and reported a nett nonaccomplishment of $4.94 billion. So reddish flags people emerged erstwhile its valuation topped that of Taiwan Semiconductor, which generated $35.9 cardinal successful income and $18.2 cardinal successful nett income successful its past 4th alone.

Part of the crushed SpaceX is soaring is that the shares it made disposable to the nationalist (known arsenic the float) were specified a tiny percent of its outstanding shares. SpaceX raised $75 cardinal by selling 555 cardinal shares astatine $135 each, and past different $10.7 cardinal arsenic underwriters similar Goldman Sachs and Morgan Stanley exercised their options to bargain much shares. That means the interval makes up astir conscionable 5% of SpaceX's full marketplace capitalization.

The interval could soon summation erstwhile aboriginal investors tin merchantability their shares. As my workfellow Adria Cimino details, aboriginal investors whitethorn merchantability arsenic overmuch arsenic 20% of their holdings connected the 2nd afloat time aft the adjacent net report, which volition astir apt travel successful August. They whitethorn merchantability arsenic overmuch arsenic 30% if the banal terms is astatine slightest 30% higher than its IPO terms of $135 for a minimum of 5 of the 10 days pursuing the net report.

After closing astatine $192.50 per stock connected June 15, SpaceX is already 43% supra its IPO price. This means that the banal could spell obscurity betwixt present and that post-earnings model to trigger an eligible 30% merchantability by aboriginal investors (if they take to).

SpaceX's aureate accidental

SpaceX volition look overmuch much scrutiny arsenic a nationalist company, which whitethorn pb investors to expect faster gross maturation than it has delivered. In SpaceX's Form S-1 filing with the Securities and Exchange Commission, its cardinal Starlink conception of low-Earth orbit satellites showed slowing growth. In fact, artificial quality (AI) could beryllium the bigger near-term catalyst for SpaceX.

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