Elon Musk gets public trading of SpaceX underway from Texas

SpaceX founder Elon Musk said he gave the company "less than a 10% chance of succeeding at all" when it first started, and it is now going public "with the largest IPO ever".

Elon Musk’s Big Bet for SpaceX

Elon Musk is taking SpaceX public and keeping almost all the power. Ryan Mac, a technology reporter for The Times, breaks down why the company’s record I.P.O. is both a big bet on Musk’s vision and a risk for investors.

By Ryan Mac, Nour Idriss, Nikolay Nikolov, Stephanie Swart, Rafaela Balster and Sam Rosenthal

The value of SpaceX rockets on its stock-market debut

Elon Musk has become the world’s first trillionaire

SpaceX is cheap on a price-to-cosmos ratio

Terrestrial valuations don’t apply when it comes to Elon

The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply | Robert Reich

The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control Elon Musk is now the world’s first trillionaire, after his SpaceX exploration and satellite company went public on the Nasdaq on Friday. With shares priced at $135 each, Musk’s aerospace and satellite maker soared to an overall market valuation of approximately $1.77tn – which raised Musk’s net worth (which had already hovered at the astronomical $813bn) into the $1tn stratosphere. C...

By Robert Reich

It's SpaceX's first day on the stock market

The initial public offering from the rocket and AI company raised some $75 billion, making the company one of the biggest in the world — and likely making Elon Musk a trillionaire.

By John Ruwitch

SpaceX IPO debuts in US markets, Musk becomes world’s first trillionaire

The landmark listing cemented Musk's status as the first trillionaire and propelled SpaceX into ranks of most valuable.

SpaceX stock jumps after record IPO, making Musk the first trillionaire

SpaceX jumped over 20 per cent in its Nasdaq debut on Friday, making the company worth more than $2 trillion US, and leading Forbes to estimate CEO Elon Musk's net worth at $1.1 trillion US. It's expected to be included in the Nasdaq 100 within weeks, making it a major holding for passive funds and ETFs that track the index.

SpaceX 'proxies' plunge as real deal arrives: Here's where traders are buying the dip

SpaceX "proxy stocks," whose options volumes were booming ahead of Friday's historic initial public offering, are unwinding gains.

SpaceX IPO makes Musk a paper trillionaire

Elon Musk's SpaceX company has floated on the Nasdaq stock exchange, with shares climbing more than 25% above the opening price. This makes Musk the world's first paper trillionaire, at least by market capitalization.

Elon Musk becomes world’s first trillionaire after SpaceX IPO

In a post on the social media platform he owns, Elon Musk recently lamented: “Whoever said ‘money can’t buy happiness’ really knew what they were talking about.” Now the world’s richest person can put that maxim to an even bigger test as he adds a new title: world’s first trillionaire. SpaceX shares opened at US$150 each, 11 per cent above their offering price after they began trading in New York on Friday, valuing the rocket and AI-company Musk founded at roughly US$2 trillion. His fortune n...

By Bloomberg

SpaceX: Why Chinese investors are banned from the biggest IPO in history

Billionaire Elon Musk’s AI and aerospace giant SpaceX has banned investors from Hong Kong and mainland China from buying its shares as it goes public on Friday – a rarely seen restriction that shows just how geopolitically sensitive the world’s tangled financial markets have grown. But Chinese investors seem all too willing to make risky investments in cryptocurrencies allegedly backed by US companies to avoid letting the initial public offering (IPO) of the century pass them by.

By Sébastian SEIBT

JPMorgan says investors are overlooking the upside to Wall Street banks that comes from SpaceX and other mega IPOs

Bumper IPO issuance and crazy market volatility should generate very straong trading income for the largst investment banks in the second quarter. JPMorgan makes a short-term trading call on both Goldman and Morgan Stanley

By Jules Rimmer

Why SpaceX's $135 IPO May Have More To Do With AI Than Space - Forbes

Why SpaceX's $135 IPO May Have More To Do With AI Than Space  Forbes

SpaceX’s IPO makes Elon Musk the world’s first trillionaire

The company he founded in 2002 to create a colony on Mars is putting just under 5% of its total capital on the market, selling 555 million shares at an initial price of $135

By Jesús-Sérvulo González Moreno

Where does Elon Musk’s phenomenal wealth come from?

South Africa-born tech entrepeneur on course to become world’s first trillionaire after lucrative SpaceX IPO

By Joe Sommerlad

SpaceX's president hints at a Tesla merger: 'That might make Elon's life a little easier'

Elon Musk is in the rare position of being CEO of two public companies. Bloomberg/Getty Images; Zhang Peng/LightRocket via Getty Images SpaceX president Gwynne Shotwell didn't rule out a mega-merger with Tesla. "That might make Elon's life a little easier, actually," Shotwell told CNBC. Analysts have speculated that Elon Musk could combine his two public companies after SpaceX's IPO. The noise around a Tesla-SpaceX mega-merger is growing louder. In an interview with CNBC aired Friday, Space...

Crypto Firms Scrap Tokenized SpaceX Share Offerings as SPCX Surges After IPO

Tu cheez badi hain....Musk Musk: A small step for SpaceX, a giant leap to a trillion for Elon

Elon Musk has achieved a historic milestone by becoming the world’s first trillionaire, driven by the soaring valuation from SpaceX’s IPO. His vision for reusable rockets and interplanetary colonies has captured the imagination of investors, turning space exploration into an enticing financial frontier. This remarkable shift in wealth underscores a new chapter in capitalism, expanding its reach beyond conventional sectors.

By CHIDANAND RAJGHATTA

Elon Musk Officially Becomes World’s First Trillionaire As SpaceX Goes Public

The SpaceX and Tesla CEO is making a series of futuristic bets, with some of his businesses colliding with the media, entertainment and telecom sector.

By Alex Weprin

Will SpaceX IPO affect your 401(k) and IRA savings? Experts explain how

SpaceX IPO may affect 401(k)s and IRAs as index funds buy shares. Experts say impact will be small but stock may be volatile and risky.

SpaceX shares begin trading after record IPO, as Wall Street tests the ‘Musk premium’

Elon Musk is about to help himself to your retirement fund

Whether you like it or not, your pension is being drawn inexorably towards SpaceX

By Will Dunn

Elon Musk Becomes World’s First Trillionaire After SpaceX IPO Opens on Wall Street

Rocket company CEO now worth more than three times the world's second-richest person, as well as 46 percent of the world's population combined

By Daniel Kreps

Elon Musk Becomes World's 1st Trillionaire After SpaceX Shares Surge On Debut

Elon Musk Becomes World's 1st Trillionaire After SpaceX Shares Surge On Debut

Mirae Asset gets $312.5m share allocation in SpaceX IPO

Mirae Asset Securities has received 2.31 million shares in SpaceX’s initial public offering, joining the underwriting group for the record-setting market debut of Elon Musk’s aerospace company. According to a filing posted on the US Securities and Exchange Commission website Friday, SpaceX allocated 2,314,815 Class A common shares to Mirae Asset Securities out of 555,555,555 shares to be sold in the offering. The shares allocated to Mirae Asset are worth about $312.5 million based on the final o

By The Korea Herald

SpaceX IPO makes Elon Musk the world’s first trillionaire

By Manya Saini and Niket Nishant June 12 (Reuters) – Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world’s first trillionaire. At a time when concerns about inequality […]

SpaceX raises $75bn ahead of biggest ever IPO

By Holly Williams, Press Association Business Editor

SpaceX IPO makes Elon Musk the world's first trillionaire

Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world’s first trillionaire. At a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a loyal following despite his stratospheric net worth and without the folksy persona that endeared other tycoons such as Warren...

By none@none.com (Reuters)

SpaceX IPO makes Elon Musk the world's first trillionaire

Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has made him the world's first trillionaire.

Musk becomes world's first trillionaire as SpaceX rockets to record-breaking IPO

If a person was to save €1,000 a day for 2 million years, they still wouldn’t be as rich as Musk.

SpaceX set for record IPO

The IPO valued SpaceX at a massive $1.77 trillion

By Peter Weber, The Week US

After record IPO, Musk’s SpaceX faces next test in market debut

The landmark listing cements Elon Musk's status as the first trillionaire ever and propels SpaceX into the ranks of the world's most valuable companies

By Reuters

SpaceX IPO makes Elon Musk the world's first trillionaire

SpaceX raises record $75b in IPO, pushing Musk's net worth past $1.1 trillion when trading begins Friday

By Reuters

Elon Musk Becomes the World's First Trillionaire

Elon Musk's bank account is reaching new heights. The richest man in the world just got richer after becoming the world's first trillionaire June 12, thanks to his company SpaceX going public at a...

By Brahmjot Kaur

SpaceX surges past $2T valuation in Wall Street debut after record IPO

SpaceX soared past a $2 trillion valuation after its shares jumped more than 20% in its Nasdaq debut on Friday, as investors piled into the world's largest IPO and bet on Elon...

"Reckless Propaganda": Globe And Mail Op-Ed Tells Readers "How To Properly Hate" Elon Musk Ahead Of SpaceX IPO

"Reckless Propaganda": Globe And Mail Op-Ed Tells Readers "How To Properly Hate" Elon Musk Ahead Of SpaceX IPO Whether it is Elizabeth Warren, left-leaning unions, or Democrat-aligned NGOs funded by dark money, the common pattern here has been an information campaign aimed at Elon Musk to derail the SpaceX IPO. Their motives are very simple: if the game is about power and money, then Musk potentially becoming the world's first trillionaire on Friday morning represents a direct t...

By Tyler Durden

S&P 500 Steady With All Eyes on SpaceX IPO, Iran Peace Hopes

US stocks opened with a small gain on Friday, supported by optimism about pending trading in SpaceX, which made history with the biggest-ever IPO, and the potential for an interim peace deal in the Iran conflict.

By Felice Maranz

JUST IN: Elon Musk becomes world’s first trillionaire 

Elon Musk makes history as the world’s first trillionaire, driven by SpaceX’s blockbuster IPO. Discover how his net worth soared past $1 trillion. Read More: https://punchng.com/just-in-elon-musk-becomes-worlds-first-trillionaire/

By Punch Newspapers

Elon Musk becomes the world’s first trillionaire

Elon Musk has become the first person in history to surpass the $1 trillion net worth mark, at least on paper, after SpaceX priced its highly anticipated initial public offering (IPO) at $135 per share. The post Elon Musk becomes the world’s first trillionaire appeared first on Vanguard News.

By efosataiwo@vanguardngr.com

SpaceX IPO makes Elon Musk the world’s first trillionaire

Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in internet culture and amassed a fortune that has ​made him the world's first trillionaire.

By Emmanuel Tetteh

SpaceX raises $75bn in record stock market debut

SpaceX has completed the largest initial public offering in history, raising $75 billion and entering public markets with a valuation of about $1.77 trillion. The listing marks a milestone for the company founded by Elon Musk, transforming a business that began in a California warehouse into one of the world's most valuable publicly traded companies. Trading began on the Nasdaq on Friday after the company priced shares at $135 each.