SpaceX to make historic IPO that could make Musk a trillionaire
Business
Finance
June 11, 2026
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NEW YORK, United States (AFP) — Elon Musk’s SpaceX on Thursday confirmed it will begin trading on the Nasdaq exchange on Friday in the biggest initial public offering in history, a blockbuster market debut that could propel the entrepreneur to trillionaire status.
In a filing with the United States (US) markets regulator, the company priced more than 555 million shares at $135 each, placing SpaceX in the top 10 of Wall Street’s biggest companies with a valuation of just under $1.8 trillion.
It will be valued more than Musk’s own Tesla car company, Facebook-owner Meta and Walmart.
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