SpaceX pre-market futures contract dropped by 2.83% in the last 24 hours and by 15.15% over the past 7 days.

BlockBeats News, June 6th. According to Binance's Pre-IPO data, the SpaceX IPO pre-market contract dropped by 2.83% in the last 24 hours, currently trading at $164.21, with a 24-hour trading volume of $92.09 million and a 7-day decline of 15.15%. This morning, two insiders revealed that SpaceX's IPO has attracted around $150 billion in investor subscription funds, double the fundraising target. As the largest IPO in history, the subscription enthusiasm has been remarkable.

However, some analysts have questioned SpaceX's $17.5 trillion valuation. To support this valuation, SpaceX would need to increase its annual revenue to about $11 trillion by 2035, a nearly 60-fold increase from $187 billion in 2025. This implies maintaining an average annual revenue growth rate of about 50% over the next decade, which is unprecedented.

According to SpaceX's previous S-1 filing, the company had a revenue of $18.7 billion and a net loss of $4.9 billion in 2025. Based on a discounted cash flow model calculation, if investors expect an annualized return of about 10% over the next decade, SpaceX must achieve the aforementioned growth target.