SpaceX Goes Public Valued at Trillion Dollars

SpaceX just shattered records with its blockbuster IPO, soaring 11% on debut and valuing the company at a jaw-dropping $1.96 trillion—making Elon Musk the first trillionaire in history. Investors poured in $75 billion, snapping up over 555 million shares at $135 each, eclipsing Saudi Aramco’s previous record. Despite $8.7 billion in losses since 2025, Musk’s audacious vision—sats, data centers, and a human colony on Mars—is driving massive bets from both institutions and everyday investors. Critics call it overvalued, estimating SpaceX closer to $780 billion, but Musk’s track record with Tesla proves skeptics can be wrong. With SpaceX now on the Nasdaq and the exchange adjusting rules to let index funds buy in faster, this is just the beginning of a wave of tech giants hitting the public markets this year. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7943e33c54d02b0a