SpaceX to list on US stock market at historic $1.77tn valuation
Source: www.theguardian.com ·
Section: business-tech ·
Bias: Center-Left
· Published: Fri, 12 Jun 2026 20:36:41 GMT
Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumpedShare your views on SpaceX’s stock market debutSpaceX made the biggest stock market debut in history on Friday after nearly two and a half decades as a private company. Public trading began around midday with a starting share price of $150, which quickly jumped by a double digit percentage and sent the company’s valuation above $2tn, where it remained through market close. The company’s initial public offering made the company’s CEO, Elon Musk, the world’s first trillionaire.“It is certainly hard to believe that a little company that started in a warehouse in El Segundo is now going public with the largest IPO ever,” Musk said in an address at SpaceX’s headquarters Friday morning. He reiterated the company’s mission to “make humanity multiplanetary” and “take the fiction out of science fiction”. Continue reading...
Read the full article at www.theguardian.com →
The same story across the political spectrum (15 sources)
← Back to FlashTopics.com