15 Jun 2026
Forbes Daily: SpaceX IPO Rockets Elon Musk To Trillionaire Status
The world officially has its first trillionaire in Elon Musk, after SpaceX started trading on the Nasdaq Friday.
Danielle Chemtob
2026
15 Jun 2026
SpaceX: To the moon for investors or a bumpy ride? Here's what experts say.
SpaceX President and Chief Operating Officer Gwynne Shotwell celebrates with family and other SpaceX employees at the Nasdaq Marketsite in in New York after the SpaceX initial public offering on June 12, 2026.
Lim Hui Jie
2026
15 Jun 2026
The Market Crowned a Trillionaire and Caged the Boy It Trained | by Nate Erskine | Jun, 2026
On Friday, June 12, 2026, two headlines sat stacked on top of each other in my LinkedIn feed. They weren’t a moral test, but they functioned as one. The first: SpaceX surged 19% in its Nasdaq debut, closing at a $2.1 trillion market cap and making Elon Musk the world’s first trillionaire. The second, directly beneath it: a federal appeals court rejected Sam Bankman-Fried’s bid to overturn his…
Nate Erskine
2026
15 Jun 2026
SPCX Stock Jumps Overnight After Stellar Debut: Musk Predicts $1 Trillion Revenue By 2030, But Analyst Sees Major Hurdles
Elon Musk said SpaceX could generate $1 trillion in annual revenue by 2030 and exceed the level in 2031. A major lockup expiration will occur after earnings, with restricted shareholders able to sell about 7% of outstanding stock. Morningstar said investors will be focused on Starlink growth and Starship spending as part of its earnings watch.
News Desk
2026
14 Jun 2026
Longtime SpaceX Investor Cathie Wood Made This Move on IPO Day. Should You Follow?
Cathie Wood, the founder of Ark Invest, is known for her support of Elon Musk's innovations and ambitions. Wood's biggest holding in the flagship Ark Innovation fund is Tesla, and SpaceX (SPCX +19.17%) is the top holding in the Ark Venture fund. Musk is the chief executive officer of both companies. It's not surprising that Wood holds shares of Musk-led companies because her investment strategy…
Adria Cimino, ADRIA J. CIMINO
2026
14 Jun 2026
Scared to Buy SpaceX Shares? These 3 Stocks Give You a Back Door In.
SpaceX's public debut is taking place right now and it has captured Wall Street's attention, but investors should remember that even great companies can be volatile stocks after an initial public offering (IPO). At a roughly $1.75 trillion valuation , expectations are already extraordinarily high, and history is full of highly anticipated offerings that experienced sharp swings as the market…
Micah Zimmerman
2026
14 Jun 2026
Musk's trillions fuelled by AI and his pied piper power over investors
In 2010, around the time of Tesla's Initial Public Offering (IPO), an acquaintance proudly showed me his red Tesla Roadster, the first imported into Australia. It was a fine little rocket, the first electric vehicle of the modern era, discontinued in 2012 having provided the engineering and financial foundations for the Model S and, eventually, SpaceX.
Alan Kohler
2026
14 Jun 2026
As AI companies race to go public, who else is along for the ride?
SpaceX went public this week in the largest IPO ever , making CEO Elon Musk the world’s first trillionaire . Despite its name, SpaceX has been emphasizing the potential of its costly AI business , and competitors OpenAI and Anthropic may soon follow with their own public market debuts.
Anthony Ha
2026
14 Jun 2026
Nasa grants, tax credits and federal support: How US government helped Elon Musk become the world’s first
Elon Musk ’s rise to becoming the world’s first trillionaire has been powered not just by investors and technology breakthroughs, but significantly by years of US government support, according to analysis of SpaceX and Tesla’s early growth and financing.
News Desk
2026
