SpaceX IPO makes Musk first trillionaire as US leads oil exports, Ukraine seeks aid

SpaceX's initial public offering raised $75 billion, valuing the company at $1.77 trillion and making it the largest IPO ever. This propelled Elon Musk to become the world's first dollar trillionaire.
SpaceX successfully completed its initial public offering, raising $75 billion by selling 555.6 million shares at $135 each. This historic event valued the aerospace company at approximately $1.77 trillion, making it the largest IPO globally. Following this, Elon Musk's personal wealth surpassed $1.1 trillion, establishing him as the world's first dollar trillionaire. In other news, the United States has become the leading global oil exporter, surpassing Saudi Arabia and Russia. Separately, Ukraine intends to request an additional $20 billion in military aid from NATO allies during an upcoming meeting of the Ukraine Defense Contact Group.
Sources: Forbes Ukraine, Радіо Свобода, Українська правда
Sources
Earlier coverage
- Jun 12, 2026, 12:00 PM UTCSpaceX completes record IPO, Musk becomes first trillionaire, Ukraine seeks aid, US leads oil exports
- Jun 12, 2026, 11:00 AM UTCSpaceX IPO makes Musk a trillionaire, Ukraine seeks $20 billion aid, US leads oil exports
- Jun 12, 2026, 10:00 AM UTCSpaceX IPO makes Musk first trillionaire; US top oil exporter; Ukraine seeks $20 billion aid
- Jun 12, 2026, 09:00 AM UTCElon Musk becomes first dollar trillionaire after SpaceX IPO
- Jun 12, 2026, 08:30 AM UTCElon Musk becomes first trillionaire after SpaceX's record IPO; US leads global oil exports
- Jun 12, 2026, 08:00 AM UTCElon Musk becomes first dollar trillionaire; US leads global oil exports, ECB raises rates
- Jun 12, 2026, 07:30 AM UTCElon Musk becomes first dollar trillionaire as SpaceX IPO concludes
- Jun 12, 2026, 06:30 AM UTCMusk becomes first trillionaire as US leads oil exports and ECB raises rates
- Jun 12, 2026, 05:30 AM UTCMusk becomes first dollar trillionaire as US leads global oil exports
- Jun 12, 2026, 04:30 AM UTCGlobal economic shifts: ECB raises rates, US becomes top oil exporter, Musk a trillionaire