In addition to making two of its flagship products work, SpaceX's future growth also hinges on Asia, a market it has only started to tap. © ReutersYIFAN YUJune 12, 2026 13:47 JSTUpdated on June 13, 2026 00:54 JSTPALO ALTO, California -- Shares in Elon Musk’s SpaceX shot up 11% when the market opened in their market debut on Friday, following a blockbuster IPO that priced its shares at $135 apiece and gave the company a roughly $1.75 trillion valuation.Both institutional and retail investors have shown great interest in the highly-anticipated historical market debut, but whether SpaceX will be able to justify its lofty valuation is still a question to be answered – largely by its future in Asia.