SPCX Stock Minute — Episode 2: One Trillion by 2031

S-P-C-X is back in the spotlight — and this time, Elon Musk is swinging for a trillion-dollar revenue target. Three days after the biggest IPO in history, here is where things stand. [short pause] S-P-C-X hit 171 dollars and 91 cents on June 15th, climbing further from Friday's closing price of 160 dollars and 95 cents. That is an additional 7 percent gain off the IPO-week close, putting SpaceX's market value comfortably above 2 trillion dollars. MSCI index funds began mechanically buying shares on June 13th, the first settlement day, injecting passive demand from an estimated 15 to 20 trillion dollars of MSCI-tracking capital against a 4 percent public float. Next technical target for the bulls: 183 dollars and 96 cents.