Economy

SpaceX IPO makes Musk first trillionaire; US top oil exporter; Ukraine seeks $20 billion aid

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Posted Jun 12, 2026, 10:00 AM UTC · In the digest of 2026-06-12-1000
SpaceX IPO makes Musk first trillionaire; US top oil exporter; Ukraine seeks $20 billion aid

SpaceX's record-setting IPO raised $75 billion, valuing the company at $1.77 trillion and making Elon Musk the world's first dollar trillionaire. The US also became the top global oil exporter, while Ukraine seeks $20 billion in military aid.

SpaceX completed its initial public offering (IPO), raising $75 billion by selling 555.6 million shares at $135 each. This valued the aerospace company at approximately $1.77 trillion, marking it as the largest IPO in global history. Following this event, Elon Musk's net worth exceeded $1.1 trillion, making him the world's first dollar trillionaire. Concurrently, the United States has become the leading global oil exporter, surpassing Saudi Arabia and Russia. Separately, Ukraine plans to request an additional $20 billion in military assistance from NATO allies during an upcoming meeting of the Ukraine Defense Contact Group.

Sources: Forbes Ukraine, Радіо Свобода, Українська правда

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