SpaceX Goes Public

Published Jun 12, 2026 • 9:45 PM

The short version

The stock closed at $160.95, up 19% on the day’s trading.
So as of this evening, the company’s market capitalization is $2.1 trillion, making it the sixth-most valuable company in the U.S.
Elon Musk, who owns 46%, is, on paper, the world’s first trillionaire.
But a lot of other SpaceX employees became wealthy overnight.

(John Hinderaker) SpaceX’s initial public offering hit the market today, with shares priced at $135. The stock closed at $160.95, up 19% on the day’s trading. So as of this evening, the company’s market capitalization is $2.1 trillion, making it the sixth-most valuable company in the U.S.

Elon Musk, who owns 46%, is, on paper, the world’s first trillionaire. But a lot of other SpaceX employees became wealthy overnight. For example, a

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Google NewsSpaceX Is Reportedly Getting Ready To Go Public As Early As June - Engadget3 months ago

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