SpaceX's initial public offering has resulted in a market capitalization of over $2 trillion, with the stock opening at $150 and experiencing significant gains on its debut. The stock price has seen some fluctuation, at times surging as high as $176 and also dipping below the initial public offering price. The company's valuation has also briefly fallen below $2 trillion at some point, but the overall market cap has been reported to have exceeded $2 trillion.