PANews June 16 news, SpaceX's stock price has been on a steady rise post-IPO, with pre-market trading on Tuesday seeing gains of over 10%. If this holds until market open, the three-day cumulative gain will surpass 50%, pushing its market cap close to $2.8 trillion, potentially making it a contender for the top five global market valuations, surpassing Amazon. According to Vanda Research, retail trading on the first two days of SpaceX's IPO equated to the total retail buying across the entire U.S. stock market last week. Within just a few hours of the morning session, the stock's trading volume exceeded $1.16 billion, outpacing the combined volumes of Nvidia, Microsoft, Tesla, and Apple. The company and underwriters have exercised the 'greenshoe option' to issue an additional 83 million shares, bringing the total IPO financing to around $86.2 billion. SpaceX has previously integrated xAI with the social platform X, encompassing operations like Starlink, rocket launches, and AI computing power.