Could SpaceX Overtake Nvidia As The World's Biggest Company In 2026?

SpaceX's IPO at $135/share surged 60% to $213 in four days, reaching a $2.75 trillion market cap and becoming the fifth-most-valuable company. While Polymarket gives SpaceX only 9% odds of becoming the world's largest company by year-end (versus Nvidia's 69%), the stock would need to rally 81% more than Nvidia to overtake it. However, CFRA analyst Keith Snyder initiated coverage with a Sell rating and $115 price target, arguing the stock is worth 46% less despite praising SpaceX's business fundamentals, citing heavy capital spending and Musk's controlling stake.