Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › It's SpaceX's first day on the stock market
Business & Finance

It's SpaceX's first day on the stock market

It's SpaceX's first day on the stock market
NPR Technology Friday 12 June 2026, 14:01 UTC By John Ruwitch 1 min read
Key Points

The initial public offering from the rocket and AI company raised some $75 billion, making the company one of the biggest in the world — and likely making Elon Musk a trillionaire.(Image credit: RONALDO SCHEMIDT)

The initial public offering from the rocket and AI company raised some $75 billion, making the company one of the biggest in the world — and likely making Elon Musk a trillionaire.

(Image credit: RONALDO SCHEMIDT)

SpaceX (ORG) AI (ORG) Elon Musk (PERSON) RONALDO SCHEMIDT (PERSON)
Originally published by NPR Technology Read original →

Related Stories

'We work on high street of UK's happiest town – but are fuming over major issue'

'We work on high street of UK's happiest town – but are fuming over major issue' Skipton in North Yorkshire was named the UK's happiest place to live by property website Rightmove in its Happy at Home Index - but some residents and business owners say things are not as rosy as you might think Market traders based in the UK's happiest town have opened up about the realities of earning a living there. Last year, Skipton in North Yorkshire was crowned the UK's happiest place to live by property...

Daily Mirror 8m ago

New SpaceX millionaires are reinventing the business of managing large wealth

Thousands of SpaceX employees who have suddenly become millionaires are redefining the wealth management business with their combined fortunes. As CNBC reported earlier this week, more than 100 SpaceX employees with between $1 billion and $5 billion in combined assets have joined forces to negotiate better terms with wealth management firms. In anticipation of their massive windfall from Friday's IPO, the group has signed a deal with the registered investment advisor Choreo for wealth...

CNBC 11m ago

Elon Musk Rings Nasdaq Opening Bell Before SpaceX Begins Trading

Jun 12th, 2026 Elon Musk Rings Nasdaq Opening Bell Before SpaceX Begins Trading SpaceX CEO Elon Musk kicked off a dual-listed Nasdaq bell ringing ceremony in both New York and Texas on Friday morning before his company began trading. The rocket company made history with a $75 billion IPO.

Bloomberg Technology 13m ago

Is SpaceX worth $1.77 trillion? It’s a pie in the sky, some investors say.

SpaceX set an initial public offering price of $135 a share, valuing it at $1.77 trillion. Some investors are skeptical that the valuation is justified.

NYT Business 16m ago