Spacex IPO Launches Musk Into Trillionaire Status Amid Market Buzz

WHO:

CNN - Elon Musk, founder of SpaceX

Bloomberg Markets - Heather Pringle, CEO of the Space Foundation

NY Post - Jimmy Kimmel, late-night host

NBC News - Elon Musk

WHAT:

CNN - SpaceX's stock price reached $173 per share shortly after opening, reflecting a significant increase from the IPO price of $135.

Bloomberg Markets - SpaceX's market capitalization is now approximately $2.3 trillion.

NBC News - More than 4,400 current and former SpaceX employees are projected to become millionaires due to the IPO, with roughly 400 of them expected to hold $100 million or more in stock.

NBC News - The IPO has made millions of retail investors profitable, with some making significant gains from their investments in SpaceX shares.

NBC News - SpaceX's IPO is expected to be followed by major IPOs from OpenAI and Anthropic, which are anticipated to be valued close to $1 trillion each.

Bloomberg Markets - SpaceX's valuation is reported to be $2.15 trillion, down from the previously stated $2.2 trillion.

Forbes - SpaceX's stock price reached $173 per share shortly after opening, reflecting a significant increase from the IPO price of $135.

Forbes - SpaceX is now the eighth largest public holder of bitcoin with 18,712 BTC, valued at about $1.2 billion.

Bloomberg Markets - SpaceX's market capitalization is now approximately $2.3 trillion.

NBC News - SpaceX is expected to be joined by other major AI-related IPOs, including OpenAI and Anthropic, later in the year.

ABC News - Nasdaq has changed its rules to allow large companies to join its Nasdaq 100 index after just 15 trading days, a shift from the previous annual reconstitution.

NBC News - SpaceX's valuation reached approximately $2.15 trillion after its IPO.

Forbes - SpaceX became the eighth largest public holder of bitcoin with 18,712 BTC, valued at about $1.2 billion.

NBC News - The IPO has made millions of retail investors profitable, with some making significant gains from their investments in SpaceX shares.

Bloomberg Markets - SpaceX's stock is currently trading at $173 per share, significantly up from the IPO price of $135.

ABC News - SpaceX is now valued at $2.1 trillion after its stock launched 19.2% higher in its debut on Wall Street.

NBC News - SpaceX is expected to join major stock indexes within a year if it maintains its current market value.

Bloomberg Markets - SpaceX's IPO raised a record $75 billion, surpassing the previous record held by Saudi Aramco’s IPO, which raised $29.4 billion in 2019.

NBC News - More than 4,400 current and former SpaceX employees are projected to become millionaires due to the IPO, with roughly 400 of them expected to hold $100 million or more in stock.

Bloomberg Markets - SpaceX's valuation is now reported to be $2.1 trillion, down from the previously stated $2.2 trillion.

NBC News - SpaceX is expected to be joined by other major AI-related IPOs, including OpenAI and Anthropic, later in the year.

ABC News - SpaceX is projected to join major stock indexes within a year if it maintains its current market value.

CNN - SpaceX's stock is currently trading at $173 per share, significantly up from the IPO price of $135.

Bloomberg Markets - SpaceX's market capitalization is now approximately $2.3 trillion.

NBC News - Musk's net worth is reported to be $1.11 trillion according to the Bloomberg rich list.

TechCrunch - SpaceX's stock opened at $150, an 11% increase from the IPO price of $135, and settled at $160.95, up 19.22% from the IPO price.

CNN - SpaceX launched 60 Starlink satellites into orbit on the day of its IPO.

Bloomberg Markets - The IPO is expected to spark a surge in investment in the space industry, with other major AI-related IPOs anticipated later in the year.

NBC News - The IPO has made millions of retail investors profitable, with some making significant gains from their investments in SpaceX shares.

CNN - SpaceX's current market value is now making it the sixth-largest publicly traded US company.

CNN - SpaceX shares opened at $150, an 11% increase from the IPO price of $135.

Techmeme - SpaceX shares are currently trading at $173, significantly up from the IPO price of $135.

Bloomberg Markets - SpaceX's market capitalization is now approximately $2.3 trillion.

CNN - SpaceX's valuation reached approximately $2.15 trillion after its IPO.

Bloomberg Markets - SpaceX's IPO raised a record $75 billion, surpassing the previous record held by Saudi Aramco’s IPO, which raised $29.4 billion in 2019.

Techmeme - SpaceX shares opened at $150, an 11% increase from the IPO price of $135.

Newser - More than 4,400 current and former SpaceX employees are projected to become millionaires due to the IPO, with roughly 400 of them expected to hold $100 million or more in stock.

CNN - SpaceX's IPO raised $75 billion, marking the largest IPO in history.

Bloomberg Markets - SpaceX ended its first day of trading with a market capitalization of around $2.2 trillion.

CNN - SpaceX shares settled at $160.95, up 19.22% from the IPO price of $135.

NY Post - SpaceX's valuation reached $2.15 trillion.

NBC News - Musk became the world's first trillionaire after SpaceX's IPO.

WHERE:

CNN - SpaceX is listed on the Nasdaq stock exchange under the ticker symbol SPCX.

WHEN:

Bloomberg Markets - SpaceX went public on June 12.

WHY:

Bloomberg Markets - The IPO signifies a milestone for the maturing space sector, demonstrating viable pathways to profitability.

HOW:

Bloomberg Markets - The IPO drew over $350 billion in demand from institutions and retail investors, marking a record for the stock market.

Bloomberg Markets - The IPO drew a record number of buy orders from retail investors, causing outages on trading platforms like Robinhood.

ABC News - Nasdaq has changed its rules to allow large companies to join its Nasdaq 100 index after just 15 trading days, a shift from the previous annual reconstitution.

Bloomberg Markets - The IPO drew over $350 billion in demand from institutions and retail investors.

Bloomberg Markets - The IPO drew a record number of buy orders from retail investors, with Fidelity reporting an unprecedented volume of orders in less than an hour.

Bloomberg Markets - The IPO drew a record number of buy orders from retail investors, causing outages on trading platforms like Robinhood.

Bloomberg Markets - The IPO drew over $350 billion in demand from institutions and retail investors.

(UPDATED June 13, 2026 23:15 UTC)

SpaceX's stock price surged to $173 per share shortly after opening, a notable increase from its IPO price of $135, pushing the company's market capitalization to around $2.3 trillion. The IPO has created a wave of wealth, with more than 4,400 current and former employees projected to become millionaires, and about 400 of them expected to hold $100 million or more in stock. Additionally, the IPO attracted over $350 billion in demand from both institutional and retail investors, setting a new record for the stock market.

(UPDATED June 13, 2026 20:31 UTC)

SpaceX's initial public offering has generated an unprecedented demand of over $350 billion from both institutional and retail investors, setting a new record for the stock market. Following the IPO, SpaceX's stock price surged to $173 per share, a notable rise from the initial price of $135, while its overall valuation is now reported at $2.15 trillion, down slightly from $2.2 trillion. Looking ahead, major IPOs from OpenAI and Anthropic are expected, with each anticipated to be valued close to $1 trillion.

(UPDATED June 13, 2026 19:18 UTC)

SpaceX has become the eighth largest public holder of bitcoin, boasting 18,712 BTC valued at around $1.2 billion, while its market capitalization has soared to approximately $2.3 trillion. Following its recent IPO, SpaceX's valuation reached about $2.15 trillion, and it is expected to be joined by other major AI-related IPOs, including OpenAI and Anthropic, later this year. In a significant shift, Nasdaq has updated its rules to allow large companies to join its Nasdaq 100 index after just 15 trading days, replacing the previous annual reconstitution.

(UPDATED June 13, 2026 17:18 UTC)

SpaceX has become the eighth largest public holder of bitcoin, boasting 18,712 BTC valued at around $1.2 billion. The company's recent IPO has turned millions of retail investors profitable, with some seeing significant gains as SpaceX's stock now trades at $173 per share, up from the initial price of $135. This surge in interest led to a record number of buy orders, resulting in outages on trading platforms like Robinhood.

(UPDATED June 13, 2026 15:25 UTC)

SpaceX has reached a staggering valuation of $2.1 trillion following a remarkable 19.2% surge in its stock debut on Wall Street, raising a record $75 billion in its IPO, which surpasses the previous record held by Saudi Aramco. If SpaceX maintains its current market value, it is expected to join major stock indexes within a year, thanks to recent changes by Nasdaq that allow large companies to enter the Nasdaq 100 index after just 15 trading days. Additionally, more than 4,400 current and former SpaceX employees are projected to become millionaires from the IPO, with around 400 of them expected to hold $100 million or more in stock.

(UPDATED June 13, 2026 13:20 UTC)

SpaceX's valuation has dropped to $2.1 trillion, down from the previously reported $2.2 trillion. The company is expected to be joined by other major AI-related IPOs, including OpenAI and Anthropic, later this year, and if it maintains its current market value, SpaceX could join major stock indexes within a year. In a significant policy change, Nasdaq has adjusted its rules to allow large companies to enter its Nasdaq 100 index after just 15 trading days, a departure from the previous requirement of annual reconstitution.

(UPDATED June 13, 2026 11:32 UTC)

SpaceX's stock is currently trading at $173 per share, a significant increase from its initial public offering price of $135, and the company's market capitalization has reached approximately $2.3 trillion. The stock opened at $150, reflecting an 11% rise from the IPO price, and ultimately settled at $160.95, marking a 19.22% gain. Additionally, Elon Musk's net worth is reported to be $1.11 trillion, according to the Bloomberg rich list, following an IPO that attracted over $350 billion in demand from both institutional and retail investors.

(UPDATED June 13, 2026 06:18 UTC)

SpaceX has successfully launched 60 Starlink satellites into orbit on the day of its highly anticipated IPO, which has already made millions of retail investors profitable. The IPO has generated a record number of buy orders, with Fidelity reporting an unprecedented volume of orders in less than an hour. Experts believe this event could ignite a surge in investment in the space industry, with other major AI-related IPOs expected later this year.

(UPDATED June 13, 2026 04:17 UTC)

SpaceX has reached a significant milestone, becoming the sixth-largest publicly traded company in the U.S. with a market capitalization of approximately $2.3 trillion. Shares opened at $150, reflecting an 11% increase from the initial public offering price of $135, and are currently trading at $173. The IPO attracted a record number of buy orders from retail investors, leading to outages on trading platforms like Robinhood.

(UPDATED June 13, 2026 01:41 UTC)

SpaceX's initial public offering has made headlines, achieving a staggering valuation of approximately $2.15 trillion and raising a record $75 billion, which surpasses the previous record held by Saudi Aramco. Shares opened at $150, reflecting an 11% increase from the IPO price of $135, and the overwhelming demand for the offering reached over $350 billion from both institutional and retail investors. As a result of this IPO, more than 4,400 current and former SpaceX employees are expected to become millionaires, with around 400 of them projected to hold $100 million or more in stock.

(UPDATED June 12, 2026 23:20 UTC)

SpaceX has made headlines today with its initial public offering, raising an astounding $75 billion, which sets a new record for the largest IPO in history. The company ended its first day of trading on the Nasdaq under the ticker symbol SPCX with a market capitalization of approximately $2.2 trillion, and shares settled at $160.95, reflecting a 19.22% increase from the IPO price of $135. This monumental event has also made Elon Musk the world's first trillionaire, as SpaceX's valuation reached $2.15 trillion. The IPO attracted over $350 billion in demand from both institutional and retail investors, highlighting the growing interest in the space sector and its potential for profitability. Industry leaders, including Musk and Heather Pringle, CEO of the Space Foundation, are celebrating this significant milestone for the maturing space industry.