Business SpaceX / IPO United States Impact 6.0/10 2 min read

Elon Musk becomes world's first 'trillionaire on paper' after record SpaceX IPO

Elon Musk became the world's first trillionaire on paper after SpaceX priced its record-breaking IPO at $135 per share, selling 555.6 million shares and raising about $75 billion, valuing the company at roughly $1.77 trillion. Musk's SpaceX holdings are valued at $866.5 billion, and his Tesla shares add another $286 billion, totaling around $1.1 trillion. SpaceX reported $18.7 billion in revenue in 2025 but a net loss of $4.9 billion. The IPO surpassed Saudi Aramco's 2019 IPO.

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Jun 12, 2026

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Elon Musk became the world's first trillionaire on paper after SpaceX priced its record-breaking IPO at $135 per share, selling 555.6 million shares and raising about $75 billion, valuing the company at roughly $1.77 trillion. Musk's SpaceX holdings are valued at $866.5 billion, and his Tesla shares add another $286 billion, totaling around $1.1 trillion. SpaceX reported $18.7 billion in revenue in 2025 but a net loss of $4.9 billion. The IPO surpassed Saudi Aramco's 2019 IPO.

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