Michael Saylor, head of Strategy, recently described Elon Musk’s vision for SpaceX’s future valuation as bullish. Musk suggested that SpaceX could eventually exceed the total value of the global economy, which the IMF projects to reach $126,3 trillion by 2026. Currently, SpaceX holds a market valuation of approximately $2,17 trillion, with shares closing at $160,57 on October 8.
Strategy currently leads the market in tokenized stock value, reporting a total of $491 million. This figure represents roughly 15% of the entire tokenized stock market, which is valued at approximately $3,18 billion according to RWA.xyz data. Tokenized SpaceX shares account for $174 million of this volume, ranking third in the sector.
The connection between Saylor and Musk remains centered on Bitcoin. SpaceX holds 18 712 BTC, while Tesla maintains a treasury of 11 509 BTC. Saylor previously influenced Tesla’s decision to purchase $1,5 billion in Bitcoin in early 2021. Despite the high valuation goals set by Musk, tokenized SpaceX shares currently represent less than 0,01% of the company's total market value.
Market analysts maintain varying outlooks for SpaceX. Morgan Stanley analyst Adam Jonas has set a price target of $300 for the stock, though he notes a potential downside to $100 should AI demand decrease or Starship encounter significant operational challenges.
