On June 12, 2026, SpaceX officially commenced trading on NASDAQ under the ticker symbol SPCX, marking the largest initial public offering (IPO) globally. The offering price was set at $135 per share, raising a total of $75 billion and valuing the company at approximately $1.77 trillion. On its debut day, SpaceX's stock price surged nearly 30% at the opening, with an opening price of $174 per share, pushing its market capitalization beyond $2 trillion. This milestone event not only propelled Elon Musk's personal net worth to surpass $1 trillion, making him the world's first trillionaire, but also created around 4,400 new millionaire employees, with approximately 400 employees holding stock valued at over $100 million each.
