Economy

SpaceX's record IPO makes Elon Musk world's first trillionaire

Nexus Europa Newsroom
Posted Jun 13, 2026, 01:00 PM UTC · In the digest of 2026-06-13-1300
SpaceX's record IPO makes Elon Musk world's first trillionaire

SpaceX's initial public offering has raised $75 billion, valuing the company at $1.77 trillion and making it the largest IPO in history. This has also propelled Elon Musk to become the world's first dollar trillionaire.

SpaceX has completed its initial public offering, successfully raising $75 billion by selling 555.6 million shares at $135 each. This transaction values the aerospace company at approximately $1.77 trillion, confirming it as the largest IPO in global history, surpassing Saudi Aramco's previous record. The successful offering has elevated Elon Musk's net worth beyond $1.1 trillion, establishing him as the world's first dollar trillionaire. Shares are expected to begin trading on June 12, with financial analysts now examining investor strategies and the broader market implications of this significant event. 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