# SpaceX IPO mania spilling over — momentum trade on Tesla as the next Musk rocket

_AI-generated trading idea · LONG · TSLA_

> Canonical page: https://commonquant.ai/research/for-you/spacex-ipo-mania-spilling-over-momentum-trade-on-tesla-as-th--d13f3562-1fe0-44a7-9372-ee8f867e2f84

SpaceX just had its first day on the stock market and it was massive. Shares jumped 19%, making it one of the most valuable companies in the world. It wiped away a week of stock-market anxiety and big-name investors are piling in.

## Idea

SpaceX's debut is the biggest IPO story in years and it instantly minted Elon Musk as the world's first trillionaire. While you can't trade SpaceX easily yet, that kind of hype tends to lift Musk's other publicly traded company, Tesla. Cathie Wood and major institutions are buying aggressively, which reinforces the excitement around anything Musk touches. Look for a momentum trade on Tesla as the SpaceX buzz pulls fresh money into the Musk ecosystem over the coming week.

## Key details

- Symbols: TSLA
- Timeframes: D
- Tags: \#ipo\_sentiment, \#spillover, \#ev\_tech

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## News sources

- [SpaceX Is Worth $2.1 Trillion on Its First Day of Trading. Is That a Problem for Investors?](https://finance.yahoo.com/markets/stocks/articles/spacex-worth-2-1-trillion-203500517.html) — Yahoo Finance
- [SpaceX IPO sticks the landing. Here's what investors are saying about its epic first trading day](https://www.cnbc.com/2026/06/13/spacex-ipo-sticks-the-landing-heres-what-investors-are-saying-about-its-epic-first-trading-day.html) — CNBC
- [SpaceX Shares Close 19% Higher After Historic $75 Billion IPO](https://www.bloomberg.com/news/videos/2026-06-13/spacex-shares-close-higher-post-historic-75-billion-ipo-video) — Bloomberg

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