SpaceX IPO debuts in US markets, Musk becomes world’s first… | HappeningNow.news

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SpaceX IPO debuts in US markets, Musk becomes world’s first trillionaire

SpaceX has debuted on US markets with a market valuation of more than $2 trillion, minting CEO Elon Musk as the world’s first trillionaire.

Source Summary Published June 12, 2026 Brief Under 1 min brief
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Summary

SpaceX has debuted on US markets with a market valuation of more than $2 trillion, minting CEO Elon Musk as the world’s first trillionaire. Shares opened on Friday at $150 per share, marking a 11 percent increase from the initial public offering (IPO) price of $135, valuing the company at $1.96 trillion and putting the aerospace company on track to become the sixth-largest company in the United States.

Read original at Al Jazeera

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