Wire report
SpaceX to list on US stock market at historic $1.77tn valuation
Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumped Share your views on SpaceX’s stock market debut SpaceX made the biggest stock market debut in history on Friday after nearly two and a half decades as a private company. Public trading began around midday with a starting share price of $150, which quickly jumped by a double digit percentage and sent the company’s valuation above $2tn. The company’s initial public offering made the company’s CEO, Elon Musk, the world’s first trillionaire. “It is certainly hard to believe that a little company that started in a warehouse in El Segundo is now going public with the largest IPO ever,” Musk said in an address at SpaceX’s headquarters. He reiterated the company’s mission to “make humanity multiplanetary” and “take the fiction out of science fiction”. Continue reading...
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Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumped Share your views on SpaceX’s stock market debut SpaceX made the biggest stock market debut in history on Friday after nearly two and a half decades as a private company. Public trading began around midday with a starting share price of $150, which quickly jumped by a double digit percentage and sent the company’s valuation above $2tn. The company’s initial public offering made the company’s CEO, Elon Musk, the world’s first trillionaire. “It is certainly hard to believe that a little company that started in a warehouse in El Segundo is now going public with the largest IPO ever,” Musk said in an address at SpaceX’s headquarters. He reiterated the company’s mission to “make humanity multiplanetary” and “take the fiction out of science fiction”. Continue reading...
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What happened
According to The Guardian’s linked item, SpaceX to list on US stock market at historic $1.77tn valuation, Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumped Share your views on SpaceX’s stock market debut SpaceX made the biggest stock market debut in history on Friday after nearly two and a half decades as a private company. Public trading began around midday with a starting share price of $150, which quickly jumped by a double digit percentage and sent the company’s valuation above $2tn. The company’s initial public offering made the company’s CEO, Elon Musk, the world’s first trillionaire. “It is certainly hard to believe that a little company that started in a warehouse in El Segundo is now going public with the largest IPO ever,” Musk said in an address at SpaceX’s headquarters. He reiterated the company’s mission to “make humanity multiplanetary” and “take the fiction out of science fiction”. Continue reading…
Context
The development sits in VINI’s Technology coverage for readers following technology, science, product policy, markets, infrastructure, and the public consequences of innovation. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The linked item is dated 2026-06-12T16:35:19+00:00.
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Source
Primary source: SpaceX to list on US stock market at historic $1.77tn valuation via The Guardian. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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Source links
- SpaceX to list on US stock market at historic $1.77tn valuationThe Guardian - 2026-06-12T16:35:19+00:00
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