TechCrunch Mobility: SpaceX rockets past Tesla
Key takeaways
- I won’t spend too much time rehashing the SpaceX IPO — every media outlet, including TechCrunch, has spilled enormous amounts of digital ink on the company’s first day of trading.
- As of market close Friday, SpaceX has a market cap of $2.1 trillion, rocketing past Musk’s other publicly traded company, Tesla.
- Last week, senior reporter Sean O’Kane spotted new language in SpaceX’s S-1 document that warns investors of future dilution.
Tech Crunch Mobility: Space X rockets past Tesla Kirsten Korosec Sun, June 14, 2026 at 11:05 PM GMT+7 6 min read SPCX TSLA MSFT AMZN NVDA Image Credits:Spencer Platt / Getty Images</span>" loading="eager" height="640" width="960" class="yf-lglytj loaded"> Image Credits:Spencer Platt / Getty Images Welcome back to Tech Crunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click Tech Crunch Mobility!
I won’t spend too much time rehashing the SpaceX IPO — every media outlet, including TechCrunch, has spilled enormous amounts of digital ink on the company’s first day of trading. But there are two important data points to note for anyone who closely watches the “future of transportation” industry.
As of market close Friday, SpaceX has a market cap of $2.1 trillion, rocketing past Musk’s other publicly traded company, Tesla. SpaceX is currently the sixth most valuable U.S.-listed company, behind Nvidia, Apple, Alphabet, Microsoft, and Amazon. Tesla’s market cap was $1.52 trillion as of market close.