SpaceX trading hits ‘bonkers’ levels as a wave of new ETFs see a massive cash influx

MarketWatch Tuesday 16 June 2026, 19:15 UTC By William Gavin 1 min read

Key Points

Newly launched leveraged ETFs are seeing heavy inflows as investors look for fresh ways to play the SpaceX hype.

Newly launched leveraged ETFs are seeing heavy inflows as investors look for fresh ways to play the SpaceX hype. [Image text:] naTUIuX iGroup

SpaceX (ORG) Newly (ORG)

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The SpaceX initial public offering was, by all accounts, a major success , and it has stayed red hot out of the gate. On Tuesday, its third day of trading, the stock peaked over $225 a share, before closing well off the highs at $201.68. For much of the day, Elon Musk's rocket-and-AI company had a market capitalization larger than Amazon , which is worth $2.65 trillion.

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SpaceX trading hits ‘bonkers’ levels as a wave of new ETFs see a massive cash influx

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