Manya Saini, Echo Wang and Niket NishantUpdated Jun 13, 2026 – 1.16am, first published at 1.11amSpaceX was on course to blow past $US2 trillion ($2.8 trillion) in market valuation in its Nasdaq debut on Friday, reflecting the frenzy for the Elon Musk-led company and putting it on track to become the sixth-largest publicly listed company in the United States.Shares were indicated to open around $US175 a share, or about a 30 per cent jump from its $US135 IPO price, before sliding down to $US150.ReutersSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles