SpaceX's stock value dropped $283 billion last week, more than the entire market cap of Boeing.

It was the biggest IPO in Wall Street history but Elon Musk’s space company is trading below its initial market price of $US135 after aborting a rocket launch on Friday.

SpaceX stock has plunged to a record low, but one analyst from Raymond James believes that it can jump to $800, with its valuation hitting $10 trillion.