SpaceX Stock Jumps 7.6% in 5 Days as Strategy’s Michael Saylor Calls Elon Musk’s Vision ‘₿ullish’

SpaceX shares (SPCX) recently jumped 7.6% over a five-day span to hit a total market value of $2.27 trillion. Following this price jump, SpaceX CEO Elon Musk shared an ambitious idea about the future growth of his rocket company. Michael Saylor, the chairman of Strategy (MSTR), quickly backed this view and called it a bullish sign for technology and digital assets. At the same time, Saylor shared that Strategy now leads the world in digital stock tokens.

Elon Musk Targets Growth Far Beyond Earth’s Economy

Musk shared his thoughts online about how large his rocket company could eventually become. In a recent post, he shared his full vision, writing, “This will sound super crazy, but I see a path to SpaceX being worth orders of magnitude more than the current Earth economy.” Right now, international financial groups measure the total global economy at roughly $126 trillion. For SpaceX to reach a value “worth orders of magnitude,” the firm would need to hit a valuation in the quadrillions of dollars.

While that number seems extremely far off, the recent 7.6% rally pushed SpaceX shares to a closing price of $160.57. This rise makes the space firm worth about 1.7% of the entire world economy today.

Michael Saylor Connects Space News to Bitcoin

Saylor replied directly to Musk using the Bitcoin symbol inside the word bullish; he said “₿ullish.” This special spelling links his strong support directly to the digital coin market. Saylor has a long history of talking with Musk about digital assets in public settings. Back in 2020, he urged Musk to move company cash into digital coins, leading Tesla (TSLA) to buy $1.5 billion in Bitcoin (BTC-USD) shortly after.

Today, both of Musk’s major firms maintain clear connections to digital coins. SpaceX lists over 18,000 Bitcoins in its public paperwork, and those holdings have remained mostly untouched since the initial purchase. Tesla holds more than 11,000 Bitcoins on its balance sheet as well.

Saylor frequently highlights these treasury choices to show how leading technology firms use digital assets to protect and grow their corporate wealth over long time periods.

Strategy Leads Digital Stock Token Market

Beyond supporting Musk’s vision, Saylor shared that Strategy now holds the top spot for digital stock tokens. These special tokens represent real company shares on blockchain networks. They allow investors to trade them outside standard exchange hours.

Furthermore, Strategy stock tokens reached a total value of $491 million. Since the entire global market for tokenized stocks sits at roughly $3.18 billion, Strategy single-handedly controls about 15% of the total market.

In this same digital asset arena, tokenized SpaceX shares hold third place with a total value of $174 million. While Musk looks toward a future valuation worth quadrillions, current blockchain numbers remain much smaller. Tokenized SpaceX shares account for a fraction of a percent of the company’s total market value.

Even so, these token rankings clearly demonstrate which corporate shares digital traders want to hold on blockchain rails. Right now, Strategy holds the leading position across the entire industry.

Turning to Wall Street, TipRanks data shows that analysts currently carry a Moderate Buy consensus rating on SPCX with an average price target of $215.72, representing a 34.35% upside. Meanwhile, Strategy holds a Strong Buy consensus rating with a $236.00 price target, pointing to an estimated 55.81% upside.