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SpaceX shares rose 11% on their Nasdaq debut after a $75 billion IPO, valuing the company at nearly $1.96 trillion and making Elon Musk the world's first trillionaire. The listing gives public investors direct access to SpaceX for the first time, with Starlink as the core growth driver.
Elon Musk has crossed one trillion dollars in net worth, becoming the world's first trillionaire after SpaceX's stock market debut crystallised the value of his stake in the company. The listing is also a major market event, opening one of the last large private tech companies to public investors.
Elon Musk's net worth reached roughly $1.05 trillion on June 12, 2026, after SpaceX began trading on the Nasdaq, valuing his stake at over $766 billion. The listing marks the first time a single individual's publicly priced equity holdings have crossed the $1 trillion threshold.
SpaceX is set to go public in what is being called the largest market debut in history, with Elon Musk's rocket and satellite company finally opening to public investors. The listing will put a public-market price on both its launch business and fast-growing Starlink broadband unit.
SpaceX is raising $75 billion by selling 555.6 million shares at $135 each, making it the largest IPO on record ahead of its Nasdaq debut. The deal dwarfs all prior listings and could trigger index inclusion, passive fund buying, and a fresh wave of large tech IPOs.
SpaceX confirmed IPO pricing for 555.6 million shares at a $1.77 trillion valuation, making it the largest public offering in history. The debut gives public investors their first direct access to Musk's rocket, satellite internet, AI, and X-owning conglomerate.
SpaceX's IPO prospectus reveals a 2025 net loss of roughly $5 billion, $22.9 billion in total debt offset by $24.7 billion in cash, and a dual-class share structure giving Elon Musk over 85 percent of voting control.
SpaceX is approaching an IPO that could value the company at $1.75 trillion or more, making it potentially the largest public debut in history. A pre-IPO discounted cash flow analysis across its launch, Starlink, and xAI businesses puts intrinsic value at roughly $1.22 trillion, well below rumored offering prices.
Elon Musk's lawsuit against OpenAI and Sam Altman goes to trial this week, with a jury set to issue an advisory verdict on claims of fraud and breach of charitable trust. The outcome could block OpenAI's IPO, force leadership changes, or alter its corporate structure. OpenAI is valued at over $850 billion and aims to
A trial opening this week will decide whether OpenAI, under Sam Altman, has illegally abandoned its nonprofit mission by building a for-profit arm. A Musk win could block OpenAI's commercial expansion and remove Altman from the board. The outcome may reshape how AI labs raise and deploy capital.
The US Justice Department has refused to assist a French judicial investigation into Elon Musk's platform X, the Wall Street Journal reports. The decision disrupts routine transatlantic law enforcement cooperation and limits French prosecutors' access to evidence as they probe X's compliance with EU content moderation
Elon Musk is conditioning SpaceX IPO advisory roles on banks subscribing to Grok, the AI chatbot from his company xAI. The requirement leverages SpaceX's massive deal value to drive enterprise adoption of a separate Musk product, complicating banks' typical advisory selection calculus. No timeline for the IPO has been
Elon Musk proposed a government-funded universal high income as a buffer against AI-driven job losses. The suggestion acknowledges automation displacement as a structural economic risk rather than a distant concern. No funding mechanism or policy vehicle was attached to the proposal.
SpaceX is targeting a $2 trillion valuation in what would be the largest IPO on record, with Elon Musk planning to sell only a small equity stake to raise $75 billion from public investors. The thin float structure preserves Musk's control while unlocking a historic capital raise that would reprice the private space
Senators Warren and Blumenthal launched a formal investigation into the NLRB after the agency dropped retaliation charges against SpaceX in February. The probe focuses on whether the dismissal of charges tied to alleged retaliatory firings reflected legal merit or outside influence. No findings have been released yet.
The NAACP has sued Elon Musk's xAI, alleging the company is illegally operating gas turbines at an AI data center without required environmental permits. The lawsuit raises compliance and operational risk for xAI, potentially threatening power supply to its AI infrastructure. Court proceedings could force permit remedi
JPMorgan flagged Tesla with a high-caution warning, projecting a potential 60% stock decline driven by what it calls an inflated 'Musk premium' disconnected from core business fundamentals. The call underscores a persistent tension: valuation-based shorts on Tesla have historically backfired due to retail momentum and
Tag
SpaceX shares rose 11% on their Nasdaq debut after a $75 billion IPO, valuing the company at nearly $1.96 trillion and making Elon Musk the world's first trillionaire. The listing gives public investors direct access to SpaceX for the first time, with Starlink as the core growth driver.
17d ago · 3 min · Markets
Elon Musk has crossed one trillion dollars in net worth, becoming the world's first trillionaire after SpaceX's stock market debut crystallised the value of his stake in the company. The listing is also a major market event, opening one of the last large private tech companies to public investors.
18d ago · 3 min · Big Stories
Elon Musk's net worth reached roughly $1.05 trillion on June 12, 2026, after SpaceX began trading on the Nasdaq, valuing his stake at over $766 billion. The listing marks the first time a single individual's publicly priced equity holdings have crossed the $1 trillion threshold.
18d ago · 3 min · Markets
SpaceX is set to go public in what is being called the largest market debut in history, with Elon Musk's rocket and satellite company finally opening to public investors. The listing will put a public-market price on both its launch business and fast-growing Starlink broadband unit.
18d ago · 3 min · Markets
SpaceX is raising $75 billion by selling 555.6 million shares at $135 each, making it the largest IPO on record ahead of its Nasdaq debut. The deal dwarfs all prior listings and could trigger index inclusion, passive fund buying, and a fresh wave of large tech IPOs.
18d ago · 3 min · Markets
SpaceX confirmed IPO pricing for 555.6 million shares at a $1.77 trillion valuation, making it the largest public offering in history. The debut gives public investors their first direct access to Musk's rocket, satellite internet, AI, and X-owning conglomerate.
18d ago · 4 min · Markets
SpaceX's IPO prospectus reveals a 2025 net loss of roughly $5 billion, $22.9 billion in total debt offset by $24.7 billion in cash, and a dual-class share structure giving Elon Musk over 85 percent of voting control.
24d ago · 5 min · Markets
SpaceX is approaching an IPO that could value the company at $1.75 trillion or more, making it potentially the largest public debut in history. A pre-IPO discounted cash flow analysis across its launch, Starlink, and xAI businesses puts intrinsic value at roughly $1.22 trillion, well below rumored offering prices.
1mo ago · 5 min · Markets
Elon Musk's lawsuit against OpenAI and Sam Altman goes to trial this week, with a jury set to issue an advisory verdict on claims of fraud and breach of charitable trust. The outcome could block OpenAI's IPO, force leadership changes, or alter its corporate structure. OpenAI is valued at over $850 billion and aims to
2mo ago · 2 min · Technology
A trial opening this week will decide whether OpenAI, under Sam Altman, has illegally abandoned its nonprofit mission by building a for-profit arm. A Musk win could block OpenAI's commercial expansion and remove Altman from the board. The outcome may reshape how AI labs raise and deploy capital.
2mo ago · 1 min · Technology
The US Justice Department has refused to assist a French judicial investigation into Elon Musk's platform X, the Wall Street Journal reports. The decision disrupts routine transatlantic law enforcement cooperation and limits French prosecutors' access to evidence as they probe X's compliance with EU content moderation
2mo ago · 1 min · Policy & Government
Elon Musk is conditioning SpaceX IPO advisory roles on banks subscribing to Grok, the AI chatbot from his company xAI. The requirement leverages SpaceX's massive deal value to drive enterprise adoption of a separate Musk product, complicating banks' typical advisory selection calculus. No timeline for the IPO has been
2mo ago · 1 min · Business
Elon Musk proposed a government-funded universal high income as a buffer against AI-driven job losses. The suggestion acknowledges automation displacement as a structural economic risk rather than a distant concern. No funding mechanism or policy vehicle was attached to the proposal.
2mo ago · 1 min · Technology
SpaceX is targeting a $2 trillion valuation in what would be the largest IPO on record, with Elon Musk planning to sell only a small equity stake to raise $75 billion from public investors. The thin float structure preserves Musk's control while unlocking a historic capital raise that would reprice the private space
2mo ago · 1 min · Markets
Senators Warren and Blumenthal launched a formal investigation into the NLRB after the agency dropped retaliation charges against SpaceX in February. The probe focuses on whether the dismissal of charges tied to alleged retaliatory firings reflected legal merit or outside influence. No findings have been released yet.
2mo ago · 1 min · Policy & Government
The NAACP has sued Elon Musk's xAI, alleging the company is illegally operating gas turbines at an AI data center without required environmental permits. The lawsuit raises compliance and operational risk for xAI, potentially threatening power supply to its AI infrastructure. Court proceedings could force permit remedi
2mo ago · 1 min · Technology
JPMorgan flagged Tesla with a high-caution warning, projecting a potential 60% stock decline driven by what it calls an inflated 'Musk premium' disconnected from core business fundamentals. The call underscores a persistent tension: valuation-based shorts on Tesla have historically backfired due to retail momentum and
2mo ago · 1 min · Markets
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