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How SpaceX's arrival impacts the stock market
Key takeaways
- How Space X's arrival impacts the stock market Emily Peck Mon, June 15, 2026 at 6:00 PM GMT+7 3 min read SPCX Illustration: Sarah Grillo/Axios.
- Why it matters: Think of Elon Musk s company like a pebble, a big one, thrown into a giant lake of equity — there will be ripples through the public and private markets, and they ll be rippling for a while.
- "Any large IPO has a gravitational pull to them, so they can have sizable effects on the public markets, on private markets and sectors," Aaron Mulvihill, a strategist at JPMorgan Asset Management, tells Axios.
How Space X's arrival impacts the stock market Emily Peck Mon, June 15, 2026 at 6:00 PM GMT+7 3 min read SPCX Illustration: Sarah Grillo/Axios. The markets are starting the week in their trillion-dollar IPO era, now that Space X shares are trading.
Why it matters: Think of Elon Musk s company like a pebble, a big one, thrown into a giant lake of equity — there will be ripples through the public and private markets, and they ll be rippling for a while.
"Any large IPO has a gravitational pull to them, so they can have sizable effects on the public markets, on private markets and sectors," Aaron Mulvihill, a strategist at JPMorgan Asset Management, tells Axios.
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