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SpaceX to list on US stock market at historic $1.77tn valuation

The Guardian UK Friday 12 June 2026, 09:00 UTC By Dara Kerr 1 min read
Key Points

IPO for Elon Musk’s company comes in what is predicted to be a banner year for public offerings of AI companiesSpaceX will become publicly traded on Friday after nearly two and a half decades as a private company. Executives are slated to ring the bell on Wall Street with the rocket ship maker’s historic stock market debut. If all goes to plan, the company’s initial public offering (IPO) will mint a valuation of $1.77tn – earning it the designation of the world’s largest ever IPO.Elon Musk,...

IPO for Elon Musk’s company comes in what is predicted to be a banner year for public offerings of AI companies

SpaceX will become publicly traded on Friday after nearly two and a half decades as a private company. Executives are slated to ring the bell on Wall Street with the rocket ship maker’s historic stock market debut. If all goes to plan, the company’s initial public offering (IPO) will mint a valuation of $1.77tn – earning it the designation of the world’s largest ever IPO.

Elon Musk, the founder and CEO of SpaceX, has a large stake in the company as majority shareholder, so if investors’ enthusiasm validates the eye-popping valuation, he would take the title of the world’s first-ever trillionaire. Musk is also the CEO of Tesla, which is valued at $1.2tn.

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SpaceX (ORG) US (LOCATION) IPO (ORG) Elon Musk’s (ORG) AI (ORG) Tesla (ORG)
Originally published by The Guardian UK Read original →

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