Details on SpaceX debut and DOJ approving Paramount merger with Warner episode artwork

EPISODE · Jun 16, 2026 · 5 MIN

Details on SpaceX debut and DOJ approving Paramount merger with Warner

from TODAY'S TAKE · host Kraznys

SpaceX officially went public on the Nasdaq Global Select Market and Nasdaq Texas, marking the largest initial public offering (IPO) in financial history.The Valuation Surge: Landing on the market with a $75 billion IPO valuation at $135 per share, the stock skyrocketed to a peak of $176.45 within its first days. It closed its debut window around $161 per share, pushing SpaceX's total valuation past $2 trillion.Elon Musk Becomes a Trillionaire: Driven by the massive spike in his roughly 85% voting-power stake in SpaceX, Elon Musk's personal net worth crossed the $1.1 trillion threshold, making him the first official trillionaire in modern history.Retail Investment Allocation: Defying typical mega-IPO standards, SpaceX allocated an unusually high 30% of its available shares directly to retail investors.Become a supporter of this podcast: https://www.spreaker.com/podcast/today-s-take--6662936/support.

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Details on SpaceX debut and DOJ approving Paramount merger with Warner

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