SpaceX Surges to $2.66 Trillion Valuation on Tuesday, Challenging Mag 7 With New 'FAB 10' Concept

According to Yahoo Finance and Vanda Research, SpaceX stock rose 4.8% on Tuesday to reach $201.80 per share, bringing the company's valuation to $2.66 trillion. This milestone signals a shift in investor focus from the traditional Magnificent Seven tech giants to a new "FAB 10" (Frontier AI & Big Tech 10) framework, which includes the original seven firms—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—plus SpaceX and the forthcoming initial public offerings of OpenAI and Anthropic.

OpenAI and Anthropic have both filed confidential IPO applications with the U.S. Securities and Exchange Commission, with Anthropic valued at approximately $965 billion and OpenAI at $852 billion in private markets. Both companies are expected to go public in autumn 2026.