Economy

SpaceX completes record IPO, Elon Musk becomes first dollar trillionaire

Nexus Europa Newsroom
Posted Jun 13, 2026, 07:30 AM UTC · In the digest of 2026-06-13-0730
SpaceX completes record IPO, Elon Musk becomes first dollar trillionaire

SpaceX has finalized its initial public offering, securing $75 billion through the sale of 555.6 million shares at $135 each, valuing the aerospace firm at approximately $1.77 trillion and marking it as the largest IPO globally.

SpaceX has finalized its initial public offering, securing $75 billion through the sale of 555.6 million shares at $135 each. This historic event valued the aerospace firm at approximately $1.77 trillion, marking it as the largest IPO globally. The transaction is expected to elevate Elon Musk's net worth beyond $1.1 trillion, positioning him as the world's first dollar trillionaire. Meanwhile, Ukraine plans to seek an additional $20 billion in military aid from NATO allies at the upcoming Ukraine Defense Contact Group meeting on June 18, aiming to maintain its current strategic advantage.

Sources: Радіо Свобода, Українська правда, Forbes Ukraine

How outlets assessed this

  • Jun 13, 2026, 07:30 AM UTC
    • Радіо Свобода Neutral Focused on the record-breaking financial figures and global significance of the SpaceX IPO.
    • Українська правда Neutral Highlighted Elon Musk's achievement as the world's first dollar trillionaire following the SpaceX IPO.
    • Forbes Ukraine Cautious Examined investor strategies and potential market implications of the IPO, including opportunities to profit from a decline.

Sources

Earlier coverage