SpaceX has a valuation of nearly 2 trillion dollars.
Posted by The Rubin Report, Checked
- Sources
- 5 support1 context
- Said
- 1 time·
- Confidence
- 80%
The Rubin ReportOct 20, 2026
As of October 20, 2026, SpaceX's market value was about $2 trillion, which fits 'nearly 2 trillion dollars.' The AP report gives a Oct 20 closing share price of $147.79, and sources from Oct 26-27 put the market cap at about $2 trillion, with a later Oct 31 report saying it had dipped below $2 trillion.
This claim is about the present, so it is judged as of the day it was checked.
What was said
… Musk, the world's wealthiest person, on Monday vowed to give every child in the United States a share of stock in aerospace giant SpaceX, the company which Musk leads as founder and CEO. Boasts a valuation of nearly 2 trillion dollars, with Musk the largest individual shareholder. A share of SpaceX was worth about 150 dollars as of the end of trading on Monday. "Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many," Musk said in a post on X. …
The Rubin Report · · from the transcriptPost →What we found
Supports. An AP report published October 20 gives a SpaceX closing share price of $147.79 that day, which at the company's share count implies a valuation of roughly $2 trillion.[1]
Supports. A Globe and Mail piece from October 26 states SpaceX has a market cap of $2 trillion, and a Newsobserver piece from October 27 says it trades at $146.90 with a $2 trillion market value.[3][4]
Supports. The IPO-era valuation of about $1.77 trillion at $135 per share, together with later prices near $147, is consistent with a valuation near $2 trillion in mid-October.[2][5]
Context. An October 31 report says the valuation fell below $2 trillion after being above $2.3 trillion on October 6, so the figure was near $2 trillion in the weeks around the claim rather than a fixed value.[6]
Sources
6 sources: 2 fact-checkers, 3 not rated, 1 rated low
- 1Elon Musk’s SpaceX reports a profit and he hints at a ...apnews.com · fact-checker · cited for: supports
- 2A$K Lauren: How will huge IPOs influence my money?reuters.com · fact-checker · cited for: supports
- 3Is SpaceX Stock Too Expensive?theglobeandmail.com · not rated · cited for: supports
- 44-star analyst raises SpaceX stock price target by 8%newsobserver.com · not rated · cited for: supports
- 5One Week Post-IPO, Here's SpaceX's Latest Valuationnasdaq.com · not rated · cited for: supports
- 6Elon Musk’s SpaceX loses $400 billion in market value in weeks: What’s driving SPCX stock down?economictimes.indiatimes.com · rated low for factual reporting by Iffy.news · cited for: context
Where this claim was made
Said in 1 published post
Related claims
- A share of SpaceX stock was worth about 150 dollars as of the end of trading on Monday, October 19, 2026.True
- Elon Musk is worth close to a trillion dollars in value.True
- SpaceX has combined X into its operations and is listed on Nasdaq exchanges.True
- The value of the SpaceX share giveaway is nearly $11 billion.True
- SpaceX receives a significant portion of its funding from government contracts.True