Key Points
Elon Musk’s SpaceX (NASDAQ: SPCX) achieved a market capitalization of over $2 trillion before the end of its first trading day on the Nasdaq, making it one of only seven stocks in this elite category.
As of June 29, 2026, the largest stocks globally are significantly impacted by a memory chip shortage affecting dynamic random access memory (DRAM) and N-AND flash memory, which are critical for AI applications and consumer electronics. Major companies like Apple have announced price increases for their products due to rising component costs, which could affect sales and investor sentiment.
While SpaceX saw strong performance since its debut at $150/share on June 12, 2026, the market remains cautious about other major players like Apple, Alphabet, Microsoft, and Amazon due to increased operational costs from the memory shortage.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
