SpaceX shares closed near $148.68 on September 25, 2026, implying a roughly $2.02 trillion market capitalization after the June IPO at $135 per share and subsequent swings between $1.77 trillion and a post-listing peak above $2.6 trillion. Trader sentiment remains finely balanced between the $1.75–2.00 trillion and $2.00–2.25 trillion buckets because the stock has traded in a tight range around the $2 trillion threshold amid elevated multiples near 57 times trailing sales, ongoing lock-up releases, and mixed analyst views on 2027 revenue growth from Starlink and the xAI integration. With resolution just days away, any final-session move above or below key share-price levels tied to the $2 trillion mark could shift the narrow consensus.