SpaceX Stock Price Prediction as Markets Brace for June 17 Fed Decision
Highlights
- Post-IPO demand increased, with SpaceX shares rising 9% after the market.
- Decision by Fed could influence the appetite in equities and crypto.
- SpaceX stock bulls target $240 next while $200 remains key support.
SpaceX’s stock price surged as SPCX extended its post-IPO rally, trading at $213 after hours, up 20%. The stock is still 58% over its IPO price of $135, which has kept retail demand high. The move comes as the crypto market rose 2.11% to $2.29 trillion, helped by risk-on sentiment ahead of the June 17 Fed decision.
SpaceX Stock Price Surges as SPCX Extends Post-IPO Rally
SpaceX’s rally gained fresh momentum after SPCX traded as high as $229.40 overnight. The move briefly valued it at over 3 trillion, according to provided market data.
The stock later eased to $213.59 after hours, but still held strong daily gains. After listing, SPCX was approximately 58% over its IPO price of $135, indicating strong demand.
$SPCX surged to $229.40 on Robinhood, pushing its market cap to over $3 trillion during overnight trading, surpassing both Amazon and Microsoft.
SpaceX is currently trading at $213.59 after hours, up +11% from its closing price.$SPCX is up +58.2% from its IPO price of $135. pic.twitter.com/8KJwjLbRJO
— Bull Theory (@BullTheoryio) June 16, 2026
The company also raised $85.7 billion after underwriters exercised the greenshoe option. This made the offering one of the biggest public offerings that had been reported.
Retail passion seems to be one of the significant motivations of the move. Other stocks might have been sold by some investors and used the money as a SpaceX exposure.
Attention has also been brought about by market comparisons. SpaceX now is being compared to Amazon, Microsoft, Tesla, Berkshire Hathaway, and other large companies.
FOMC Meeting Puts Risk Assets on Watch Ahead of June 17 Decision
The next significant trigger is the decision made by the Federal Reserve on June 17. CME FedWatch shows traders strongly expect no rate change.
The target range is currently 350-375 basis points. According to market odds, there is a 98.6% probability that there will be no move.
Only 1.4% of traders expect an easing move to 325 to 350 basis points. Hike expectations are close to zero.
Investors will be more concerned with direction than the rate decision. A dovish message would help equities and crypto and growth name speculative.
The rally could be chilled by a hawkish tone. Improved yields would render distended valuations more difficult to protect.
Why Crypto Markets is Recovering?
Crypto too recovered as risk appetite was reviving in global markets. The total crypto market rose 2.11% to $2.29 trillion.
Bitcoin price rose to an intraday high of around $67,248, and Ethereum surpassed the mark of over $1,800. XRP price lso gained 4.5% from the prior day.
There was a recovery following the de-escalation of the geopolitical pressure, after President Trump made comments about Iran on June 14. The update was seen as a risk-on move by investors.
Stocks and crypto rallied as traders reverted to growth assets. That context served to fuel the emotion on SPCX.
SpaceX Stock Price Predictions: Key Levels to Watch
A major resistance between $220 and $225 is now being tested by the SpaceX stock. Breakout- More than $225 may open a move to $240. Assuming that the buying pressure does not subside, the next upside target is $250.
Support sits near $213, followed by $200 and $192.45. Anything below $200 would potentially undermine the short-term momentum.
The zone at 175 can serve as a more profound support in case traders make gains. The IPO price of $135 is the most important long-term point of reference.
For now, bulls control the trend while SpaceX stock holds above $200. The Fed ruling can determine the continuation of momentum.
Frequently Asked Questions (FAQs)
1. Why did SpaceX stock price surge after its IPO?
2. Why does the June 17 Fed decision matter?
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