SpaceX Makes Stock Market Debut, Elon Musk Becomes First Trillionaire

SpaceX, a company specializing in spacecraft and satellite communications, made its stock market debut on Friday morning. The company's shares reportedly began trading on the Nasdaq at $150, which marked an 11 percent increase over its initial public offering (IPO) price of $135. This event is stated to have established Elon Musk as the first individual to achieve a net worth of $1 trillion.

By Fainaron·Jun 12, 2026 (7 days ago)·1 views

SpaceX Makes Stock Market Debut, Elon Musk Becomes First Trillionaire

SpaceX, the spacecraft and satellite communications company founded by Elon Musk, reportedly made its highly anticipated stock market debut on Friday morning.

Following its launch on the Nasdaq, shares for the company opened at $150. This price represented an approximate 11 percent increase compared to the initial public offering (IPO) price of $135.

This stock market debut is stated to have positioned Elon Musk as the world's first person with a net worth of $1 trillion.

According to The Hill, this marked a significant milestone for both the company and its founder.

#spacex #elon musk #ipo #nasdaq #stock market #trillionaire #technology

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

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SpaceX Makes Stock Market Debut, Elon Musk Becomes First Trillionaire

More like this

Two Men Arrested in Delaware for Waste Product Theft at Beachside Restaurants

Enterprises Face AI Credibility Gap Despite Widespread Claims

US Homeowners Adapt to Housing Market, Willing to Accept Higher Mortgage Rates

Lululemon Faces Backlash in China Over Cultural Misstep at Great Wall Event

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