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SpaceX IPO Makes Elon Musk World’s First Trillionaire

June 12, 2026

2 min read

Key Takeaways

SpaceX began trading publicly on June 12, 2026.
IPO raised about $75 billion for the company.
Stock opened at $150 and climbed to $176.
Elon Musk becomes the world's first trillionaire.

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Strategic Implications

This historic IPO may signal a new era of growth and expansion for SpaceX, which could further solidify its position in the space industry. The influx of capital suggests a focus on developing Starship and expanding satellite constellations, which could have significant implications for the company's competitors and the broader space market.

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What Happened

Historic Public Listing Sends Stock Sharply Higher

SpaceX has made history with the largest initial public offering (IPO) in history, sending its stock sharply higher and making Elon Musk the world’s first trillionaire. The company’s public listing marks a major shift for a company that has operated largely on its own terms as a private aerospace company. With the IPO raising about $75 billion, SpaceX plans to use the funds to fuel its next stage of growth, including the development of Starship and expanded launch infrastructure. The successful public listing was first reported by AeroTime.

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