Economy

SpaceX completes record IPO, making Elon Musk world's first trillionaire

Nexus Europa Newsroom
Posted Jun 13, 2026, 11:00 AM UTC · In the digest of 2026-06-13-1100
SpaceX completes record IPO, making Elon Musk world's first trillionaire

SpaceX has completed its initial public offering, raising $75 billion and valuing the company at $1.77 trillion, making it the largest IPO in history. This move is expected to make Elon Musk the world's first dollar trillionaire. Separately, Ukraine plans to request an additional

SpaceX has finalized its initial public offering, raising $75 billion through the sale of 555.6 million shares at $135 each. This transaction values the aerospace company at approximately $1.77 trillion, marking it as the largest IPO in global history, surpassing Saudi Aramco's previous record. The successful offering is projected to elevate Elon Musk's net worth beyond $1.1 trillion, establishing him as the world's first dollar trillionaire. Separately, Ukraine is set to request an additional $20 billion in military assistance from NATO allies during the upcoming Ukraine Defense Contact Group meeting on June 18, aiming to preserve its current strategic advantage.

Sources: Радіо Свобода, Українська правда, Forbes Ukraine

How outlets assessed this

    • 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