SpaceX Debuts at $135 Per Share; Musk Becomes World's First Trillionaire on Paper
Core Summary SpaceX officially began trading on the Nasdaq on June 12, 2026, priced at $135 per share — well above the previously expected range of $110-$125. The listing propelled founder Elon Musk’s net worth past the one-trillion-dollar mark on paper, making him the world’s first trillionaire. The milestone not only shattered tech IPO records but also signaled the space economy’s formal entry into public capital markets. Event Details According to Business Insider’s live coverage, the final IPO price of $135 per share exceeded analyst expectations. Combined retail and institutional subscriptions surpassed the previously disclosed $70 billion threshold, reflecting strong market confidence in the space industry’s commercial prospects. ...