SpaceX's pre-market stock price is rising, indicating that the momentum of the record-breaking post-IPO surge is likely to continue.

SpaceX stock surged in pre-market trading on Monday, with the company's stunning debut on the stock market last Friday propelling it into the ranks of the world's highest-valued public companies. The company saw a 7.7% increase to $173.30 in pre-market trading, potentially extending the 19% gain from last Friday. SpaceX's market value at the close of last week reached approximately $2.1 trillion, surpassing its record-breaking initial public offering of $750 billion. This performance has boosted confidence in artificial intelligence, as SpaceX acquired xAI earlier this year to embrace AI. It has also bolstered the IPO prospects of Anthropic PBC and OpenAI, both of which are planning to go public. Wedbush Securities analyst Dan Ives stated in a report to clients, "For OpenAI and Anthropic, SpaceX's debut and positive investor response are promising signs as both companies could potentially go public before the end of the year."