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SpaceX Enters Code Automation Market Via Cursor Acquisiti...
Brett Ashcroft Green · 2026-06-18 · via All Articles on Seeking Alpha

Summary

  • SpaceX IPO proceeded as anticipated, with strong early trading momentum and index inclusion catalysts on the horizon.
  • SPCX is set for Nasdaq 100 inclusion in early July, triggering forced institutional buying from ETFs and mutual funds.
  • The lockup structure leaves only about 4% of shares freely trading until the first earnings release, creating potential for significant price volatility.
  • Elon Musk projects $1 trillion in revenue by 2030, citing global internet and cloud compute demand as transformative TAM drivers.
Hawthorne (LA County), California: Exterior View of SpaceX Headquarters located at 1 Rocket Road

Walter Cicchetti/iStock Editorial via Getty Images

Musk says coding is effectively dead by year's end

Space Exploration Technologies Corp. (SPCX) has had a healthy post IPO run:

Now up around 40% year-to-date, CEO Elon Musk is now using some of his

Analyst’s Disclosure: I/we have a beneficial long position in the shares of SPY, GOOGL, VOO, IVV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: The information in this article is intended for general informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. The views expressed are solely those of the author, based on independent research, analysis, and professional experience. Although the author is a CERTIFIED FINANCIAL PLANNER™ (CFP®) and owner of Ashcroft Green Advisors, a fee-only registered investment advisory firm, the content may not be suitable for your individual financial situation, objectives, or risk tolerance. Readers should consult with a qualified financial professional before making any decisions based on this material. The author and/or clients of Ashcroft Green Advisors may hold positions in securities discussed in this article.

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