News · 12 June 2026

SpaceX IPO valued at $1.77tn, Musk nears trillionaire

SpaceX, Elon Musk's rocket company, just had the biggest stock market debut ever, valued at US$1.77 trillion. The company sold 555.56 million shares at $135 each, raising $75 million, and shares start trading on Nasdaq on Friday. This record-breaking IPO could make Elon Musk the world's first trillionaire, cementing his wealth.

By BriefTea Editorial · 12 June 2026 at 16:48

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