Not a photo. Just SUNI being creative.

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SpaceX Soars to Trillionaire Heights

As humanity’s first trillionaire is born, does this mean we’re all just passengers on Elon’s rocket?

SpaceX debuted as a public company with a bang, reaching $150 per share and driving its valuation to an astounding $2.3 trillion.


The stock surge was unsurprising: the IPO was four times oversubscribed, and only about 4% of shares were available for public trading, creating intense demand.


Adding fuel to the fire were changes in index inclusion rules that allowed SpaceX to join major indexes almost immediately. Robinhood reported record-breaking trading activity post-launch, reflecting the public’s appetite for a piece of this spaceflight unicorn.


The bonanza extends far beyond SpaceX itself, with early investors such as Founders Fund and Andreessen Horowitz reaping billions in returns. Elon Musk himself has become the world's first trillionaire, instantly.


Meanwhile, around 4,400 current or former employees have hit millionaire status, while nearly 400 are now centimillionaires. This debut marks a significant milestone not just for SpaceX but also for venture capital and space technology as a whole.

Original source:  https://techcrunch.com/2026/06/12/spacex-ipo-closes-up-19-and-delivers-the-worlds-first-trillionaire/
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