SpaceX CEO Elon Musk stated the company could be worth more than the rest of Earth's total value if it accomplishes its long-term goals, responding to criticism of a reported AI compute deal involving Anthropic, xAI, and SpaceX. The claim came after X user Thomas D. questioned whether the deal could become the biggest unforced error of the AI era. SpaceX completed its initial public offering on June 12, 2026, pricing shares at $135 and raising $86 billion, which became the largest IPO in history and pushed the company's market value to roughly $2.1 trillion on its first Nasdaq trading day. SpaceX Stocks surged 50% to an all-time high of $225.64 on June 16 before falling 26% to $145.20 and recovering to around $152. The company entered the Nasdaq-100 on July 7, triggering approximately $4.3 billion in passive inflows as index funds purchased the stock.
Musk Responds to AI Deal Criticism With SpaceX Valuation Claim
X user Thomas D. questioned whether a reported $7.5 billion to $40 billion deal between Anthropic, xAI, and SpaceX could become the biggest unforced error of the AI era. The post argued Anthropic may have strengthened a direct competitor while xAI's Grok 4.5 appeared close to top intelligence at lower cost. The criticism centered on user migration, compute economics, and Anthropic's growth, suggesting users could shift most token exchange to SpaceXAI while using Claude only for top tasks.
Musk answered with a broader valuation claim: "You don't seem to understand that SpaceX will be worth more than the rest of Earth if we accomplish our goals." The reply framed SpaceX's value around its largest ambitions, including a future space economy beyond ordinary Earth-based company comparisons.
Anthropic signed a major compute leasing agreement with SpaceX in May 2026 for access to Colossus 1, the Memphis AI supercluster built by xAI to train Grok models. The deal gave Anthropic full access to more than 220,000 NVIDIA GPUs and over 300 MW of power, at roughly $1.25 billion per month. SpaceX filings described a multi-year ramp through May 2029, implying a possible $30 billion to $40 billion value, though Musk later said the base lease runs 180 days with a 90-day mutual termination notice afterward.
SpaceX IPO and Stock Performance Test Valuation Claim
SpaceX completed its initial public offering on June 12, 2026, pricing shares at $135. The company raised $86 billion, became the largest IPO in history, and reached roughly $2.1 trillion in market value on its first Nasdaq trading day. Musk became the world's first trillionaire following the historic IPO. However, according to Forbes, the milestone was short-lived, and he is no longer a trillionaire today.
Shares debuted at $150 and climbed 50% to an all-time high of $225.64 on June 16. The surge briefly pushed SpaceX's valuation past Amazon and near $3 trillion before concerns grew over a bond offering, heavy Terafab data center spending, and upcoming insider lockup expirations. The pullback sharpened the debate. SpaceX shares fell 26% from the high, touched $145.20, then recovered slightly to hover around $152.
The company entered the Nasdaq-100 on July 7, triggering about $4.3 billion in passive inflows as index funds bought the stock. The IPO reshaped SpaceX's competitive field. Smaller space stocks such as Virgin Galactic and AST SpaceMobile sold off as capital shifted toward SPCX. Blue Origin also used the space-sector boom to raise $10 billion at a $130 billion valuation, showing how SpaceX's public listing changed investor attention across the industry.
SpaceX Operating Scale and Revenue Support Market Story
SpaceX has tied its market story to operating scale. The company completed its 80th Falcon 9 mission of the year to deploy more Starlink satellites. It also secured recurring revenue from Anthropic, which is paying $1.25 billion monthly for space-based AI compute access.
Whether SpaceX reaches the scale Musk described will depend on sustained revenue growth, successful infrastructure expansion, and its ability to execute its long-term objectives. The stock's retreat shows the market still tests that vision against capital needs and investor supply.
FAQ
What did Elon Musk say about SpaceX's potential valuation?
Elon Musk stated SpaceX could be worth more than the rest of Earth's total value if the company accomplishes its long-term goals. The claim was made in response to criticism of a reported AI compute deal involving Anthropic, xAI, and SpaceX.
How did SpaceX Stocks perform after the June 12, 2026 IPO?
SpaceX completed its IPO on June 12, 2026, pricing shares at $135 and raising $86 billion. Shares debuted at $150, climbed 50% to an all-time high of $225.64 on June 16, then fell 26% to $145.20 before recovering to around $152. The company entered the Nasdaq-100 on July 7, triggering approximately $4.3 billion in passive inflows.
What revenue does SpaceX generate from the Anthropic AI compute deal?
Anthropic signed a compute leasing agreement with SpaceX in May 2026, paying roughly $1.25 billion per month for access to more than 220,000 NVIDIA GPUs and over 300 MW of power at the Colossus 1 supercluster. SpaceX filings described a multi-year ramp through May 2029, though Musk later said the base lease runs 180 days with a 90-day mutual termination notice afterward.
