
SpaceX began trading on Nasdaq on June 12, 2026, at $135 per share under the ticker SPCX, aiming to raise $75 billion in what would be the largest initial public offering in history. The IPO combines the company's rocket, AI, and social media operations into a single publicly traded entity. Elon Musk, who controls 85 percent of the voting shares, is expected to become the world's first trillionaire on paper — his wealth surpassing the GDPs of Ireland, Sweden, and South Africa, with only 20 national economies exceeding $1.1 trillion according to IMF figures cited by CNN. The IPO's centerpiece is a bet on launching AI datacenters into space.
spacex started trading on nasdaq today at $135 a share under SPCX, trying to raise $75B — the biggest IPO ever if it lands. it's all one stock now: rockets, AI, and the social media stuff. musk keeps 85% of voting power and is about to become the first trillionaire on paper, richer than ireland's entire economy. the whole pitch is AI datacenters in space.
Fills a major coverage gap in the money category (only 3 stories in 48h) with specific, checkable claims about the largest IPO in history — The Verge is a strong primary source and the $75B/SPCX/trillionaire claims are verifiable. Note: duplicates the recent 'Elon Musk becomes the world's first trillionaire' story but adds substantial new detail (IPO price, ticker, voting structure) so it's not stale.
SpaceX's public debut is the culmination of years of anticipation and controversy around Musk's most ambitious venture. At $75 billion, it would surpass Saudi Aramco's 2019 IPO as the largest ever. The listing also concentrates unprecedented wealth in a single individual — Musk already controls Tesla, another trillion-dollar company — raising questions about market power, governance, and whether retail investors will even get access at the $135 price. The Verge's coverage frames Musk himself as the company's primary risk factor.
this is the biggest IPO ever if it hits $75B, beating saudi aramco. one dude controlling two trillion-dollar companies and 85% of voting shares is... a lot. and most regular people won't get in at $135 — that price is basically a suggestion. the verge is calling musk himself the risk factor, which says everything.
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