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Tesla earnings train spotlight on SpaceX plans and AI investments

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SpaceX falls under IPO price, as lockup expirations loom

A line chart that tracks SpaceXâs daily share price from June 11 to July 16, 2026. The price rose from 135 to a peak of 201.8 on June 16, then trended downward. It ended at the period low of 131.11 on July 16.

SpaceX share price

Data: FactSet; Note: The shares priced on June 11, 2026 at $135 a share and began trading publicly the next day; Chart: Matt Phillips/Axios

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Axios Codebook

SpaceXAI wipes customer data after Grok uploads sensitive information

Why Wall Street is bullish on SpaceX

A line chart that tracks SpaceXâs daily share price from June 11 to July 7, 2026. The price rose from $135 on June 11 to a peak of $201.80 on June 16, then fell and ended at $151 on July 7. Prices were mostly lower after mid-June.

SpaceX share price 

Data: FactSet; Note: The shares priced on June 11, 2026 at $135, and closed their first session of public trading at $160.95; Chart: Matt Phillips/Axios

After $86 billion IPO, SpaceX to borrow $20 billion

How market mechanisms help SpaceX's stock

SpaceX soars above Amazon in market cap

A bar chart that ranks the largest U.S. companies by market capitalization as of June 16, 2026. Nvidia leads at about $5.07 trillion, followed by Alphabet at $4.50 trillion and Apple at $4.38 trillion. Micron is smallest among those shown at about $1.18 trillion.

Largest U.S. companies by market capitalization 

Data: FactSet ; Chart: Matt Phillips/Axios

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How SpaceX's arrival impacts the stock market

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Billionaire Elon Musk runs X, SpaceX, Tesla and Neuralink and has the ear of the president.

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