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Business
Source: Bloomberg Markets

SpaceX Achieves Record IPO with $2.2 Trillion Market Cap

SpaceX reportedly made a historic stock-market debut on June 12, 2026, marking what is considered the largest in history. The initial public offering successfully raised $75 billion for the company. Following its first day on public markets, SpaceX attained an estimated market capitalization of approximately $2.2 trillion, an unprecedented figure for a debut. This significant financial event also propelled founder Elon Musk to become the world's first trillionaire.

By Fainaron·Jun 12, 2026 (an hour ago)·1 views
SpaceX Achieves Record IPO with $2.2 Trillion Market Cap

SpaceX entered the public markets on June 12, 2026, with an initial public offering (IPO) that is being described as the largest stock-market debut in history. The company successfully raised $75 billion through this offering.

Following its first day of trading, SpaceX's market capitalization reached an approximate $2.2 trillion. This valuation established a new benchmark for companies entering the public market.

The record-setting IPO also had a notable impact on SpaceX founder Elon Musk. As a direct result of the company's valuation post-IPO, Musk is now recognized as the world's first trillionaire.

(Source: Bloomberg Markets)

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Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Bloomberg Markets. Read the original at Bloomberg Markets →

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