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SpaceX closed 19% higher, giving it a market cap around $2.1 trillion. That makes it the sixth most valuable U.S. listed company. At that lofty market cap, SpaceX makes up roughly 3% of the entire $75.
The pressure is on the company—and newly minted trillionaire Elon Musk—to deliver.
As the world’s first trillionaire, Elon Musk is incredibly wealthy even by the standards of the incredibly wealthy. (He’s worth $1.2 trillion this afternoon at recent share prices for SpaceX and Tesla.
SpaceX shares rocketed after Elon Musk kicked off the biggest stock market listing in history, valuing the company at more than $2 trillion.
SpaceX shares rocketed after Elon Musk kicked off the biggest stock market listing in history, valuing the company at more than $2 trillion.
A SpaceX-Tesla merger seems inevitable.
Tesla (NASDAQ:TSLA) CEO Elon Musk made history earlier today by reportedly becoming the world’s first trillionaire, fueled largely by SpaceX‘s (NASDAQ:SPCX) blockbuster NASDAQ debut. Yet, Tesla stock is barely budging on the news, trading near $403 and up 1% in midday action on Friday. The disconnect is hard to ignore. Musk’s combined SpaceX and Tesla stakes ... Elon Musk May Be a Trillionaire, but Tesla Is Still Down 11% in 2026. Is TSLA Stock Dead Weight Now?
SpaceX began trading on NASDAQ this morning, and one of the company’s longtime venture capital backers offered a loud endorsement. On CNBC’s Squawk Pod, David George, a partner at venture capital giant Andreessen Horowitz (a16z), said Elon Musk’s space and AI businesses have largely solved their toughest technical challenges and are now focused on scaling. “When we ... Top Venture Capital Investor: Elon Musk Has ‘De-Risked All the Physics’ Behind Starlink and Colossus
CNBC Wealth Editor correspondent Robert Frank delivered a milestone moment on air this morning, saying: “By the end of today, Elon Musk will likely become the world’s first trillionaire.” This comes as the result of the long-awaited SpaceX IPO, which is poised to revalue Musk’s privately held stake at public-market multiples and push his net ... Wealth Expert: SpaceX IPO Will Likely Make Elon Musk the World’s First Trillionaire
Elon Musk Hits Stunning Trillionaire Milestone As SpaceX Soars
Tesla Wobbles as SpaceX IPO Sparks Investor Shift Fears
The march of trillicorn initial public offerings doesn’t portend doom for investors. But it’s worth keeping an eye on just the same.
SpaceX shares opened at $150 on Friday, June 12, and popped above its IPO price of $135 per share, making Elon Musk the world's first trillionaire.
On a recent Diet TBPN segment, co-host John Coogan read at length from an Economist piece making a striking claim about where corporate America now lives. The thesis, quoted directly: “Texas is steadily establishing itself as America Inc.’s new center of gravity. No state receives more business investment or is adding more people to its ... Move Over, New York! Why Texas Is Becoming ‘America’s New Center of Gravity’
Investing.com -- Tesla Inc (NASDAQ:TSLA) shares fell about 2% on Friday as investor attention moved to the market debut of SpaceX.
Elon Musk's SpaceX (SPCX) began trading on the Nasdaq after its IPO on Friday, June 12. Nasdaq (NDAQ) President Nelson Griggs sits down with Yahoo Finance Executive Editor Brian Sozzi and Market Catalysts Host Julie Hyman to discuss the public debut, making SpaceX the second Elon Musk-run company to premiere on the Nasdaq.
(Updates with recent stock movement in first and second paragraph.) Space Exploration Technologie
SpaceX just rewrote the IPO record book. The company sold more than 555 million shares at $135 each, raising $75 billion and landing a valuation of nearly $1.8 trillion. According to CNBC’s Melissa Lee, that places SpaceX as the seventh most valuable U.S. company, ahead of Tesla (NASDAQ:TSLA), and pushes Elon Musk to the edge ... SpaceX Raises Record $75 Billion in Historic IPO, Reaches $1.8 Trillion Valuation
Shares of SpaceX (NASDAQ:SPCX) are up 30% in midday trading Friday after the company completed the largest IPO in history. SPCX stock traded near $175, well above the $150 open and the $135 IPO price set Thursday night. This ranks among the most closely watched NASDAQ debuts in years. The SpaceX session has been volatile ... SpaceX Soars 30% in Record $75 Billion Debut as Elon Musk Becomes the World’s First Trillionaire
Tesla (NASDAQ: TSLA) and BYD (OTC: BYDDF) sit on opposite sides of the global EV map. Tesla’s Q1 2026 report delivered a margin rebound and another lift in AI subscriptions. BYD, the Shenzhen volume leader, is being repositioned by Beijing’s anti-involution campaign aimed at consolidating EV winners. Both names have slid this year, making the ... Tesla vs BYD: The Better EV Stock To Buy In June
His fortune has been boosted by the sky-high valuation of his rocket and artificial intelligence firm SpaceX on its stock market debut.
Tesla stock rose on Friday after SpaceX went public.
It makes Tesla and X owner Mr Musk – already a billionaire – the world’s first paper trillionaire.
Shares of Elon Musk's SpaceX (SPCX) rallied 19% on Friday as the rocket and satellite company debute
The rocket and satellite company raised $75 billion in the largest IPO ever, valuing SpaceX at $1.77 trillion at its offering price
The SpaceX IPO has boosted Musk's paper wealth to more than $1,000,000,000,000 at a time when he is more hated -- and powerful -- than ever.
GLJ Research said Tesla’s second-quarter deliveries could rise 19% sequentially, mainly due to selling off excess inventory from the previous quarter.