SpaceX’s IPO pricing at $135 per share, targeting a $1.75–1.8 trillion valuation and a record $75 billion raise, drives the overwhelming market consensus for a closing market cap above $1 trillion. Strong institutional oversubscription, robust 2025 revenue of roughly $18.7 billion from Starlink expansion and launch services, plus new AI-related cloud partnerships have reinforced trader confidence ahead of the June 12 Nasdaq debut under ticker SPCX. While the fixed-price structure and retail allocation signal sustained demand, a sharp first-day sell-off from profit-taking or broader market volatility remains the main realistic path to a lower close.