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- SpaceX IPO Sets Record, Valuation Surpasses $2 Trillion
SpaceX IPO Sets Record, Valuation Surpasses $2 Trillion
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SpaceX’s June 12 IPO was wildly oversubscribed, sending shares up 19‑23 % and valuing the company at about $2–$2.2 trillion, making Elon Musk the world’s first trillionaire and the firm the sixth‑largest U.S. public company. The surge, amid broader economic headwinds, signals strong investor appetite for high‑growth tech and space ventures, and underscores confidence that SpaceX’s long‑term prospects outweigh its current losses.
The world will get its first trillionaire while Americans across the country are scraping together every dollar to save for retirement.
Reason #1,000,000,000,000 why we should tax the rich.
I love the incredible people of SpaceX beyond words.
I'm confident at this point that with the incredible team that we have here at SpaceX, that we will do that for you.
We're embarking on a massive new growth phase, and we need capital for that.
Whoever you are watching this, SpaceX wants to be able to take you to the moon, take you to Mars and ultimately beyond.
Not just a few astronauts, I mean literally you.
Elon deserves an extreme premium because of his track record and his vision for calling technology trends early.
I would suspect in the very near term we will see, through AI IPOs, another trillionaire.
sources
- 1.CNBC
- 2.CNN
- 3.The Times of India
- 4.Golf News
- 5.CGTN
- 6.CNA News
- 7.Le Monde
- 8.Hindustan Times
- 9.Arab News
- 10.CTV News
- 11.Los Angeles Times
- 12.The Straits Times
perspectives
- 1.US under Donald Trump
- 2.Billionaire
- 3.Aerospace Industry
- 4.Artificial Intelligence
- 5.Telecommunications
countries
- 1.United States
- 2.Iran, Islamic Republic of
- 3.South Africa
- 4.China
- 5.Israel
- 6.Canada
- 7.Ireland
- 8.Sweden
- 9.Singapore
- 10.Taiwan, Province of China
organizations
- 1.SpaceX
- 2.Nasdaq
- 3.Tesla
- 4.Anthropic
- 5.Google
- 6.OpenAI
- 7.Textron
- 8.International Monetary Fund
- 9.Oracle
- 10.Standard Oil
- 11.Starlink
- 12.xAI
persons
- 1.Elon Musk
- 2.Jeff Bezos
- 3.Larry Ellison
- 4.Larry Page
- 5.Sergey Brin
- 6.Donald Trump
- 7.Elizabeth Warren
- 8.Bret Johnsen
- 9.Chris Isidore
- 10.Christopher McKnight Nichols
- 11.Elisabeth Buchwald
- 12.Gwynne Shotwell