 |
| Founder and CEO Elon Musk addressed employees and the public via video link from Texas. |
By Robeka Irfan SCN I
SpaceX has entered the stock market with a historic IPO, raising about $75 billion and valuing Elon Musk’s space, satellite and AI-linked empire at roughly $1.77 trillion. The listing instantly becomes one of the biggest moments in modern Wall Street history and places Musk closer than ever to becoming the world’s first trillionaire.
The company priced shares at $135, drawing huge demand from investors who see SpaceX not just as a rocket company, but as a future infrastructure giant. Its biggest commercial engine is Starlink, the satellite internet business that has expanded globally and is viewed by markets as SpaceX’s most reliable growth story.
 |
| In New York, people gathered to watch a live feed of the ceremony |
For investors, the IPO is a bet on three powerful markets at once: space launches, global satellite internet and future AI infrastructure in orbit. SpaceX also benefits from major government and NASA-related work, giving it strategic importance beyond ordinary technology stocks.
But the excitement comes with serious risk. Reports note that SpaceX has carried heavy losses, while analysts warn the valuation may be extremely aggressive. Concerns also remain over Musk’s control of the company, governance structure and whether retail investors are buying into hype at the top of the market.
Still, the IPO gives Wall Street a new mega-stock to watch. If SpaceX shares rise strongly after trading begins, Musk’s paper wealth could cross a level no individual has reached before — turning the SpaceX listing into both a stock market event and a global wealth milestone.