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SpaceX IPO closes up 19% and delivers the world’s first trillionaire

business

SpaceX made its heavily anticipated public market debut on Friday, opening at $135 per share and closing up 19% in its first day of trading. According to TechCrunch, the strong performance pushed founder Elon Musk's net worth past the trillion-dollar mark, making him the world's first trillionaire. The company's opening exceeded market expectations and marked a historic moment for both the aerospace company and the broader financial markets.

Source: https://techcrunch.com/2026/06/12/spacex-ipo-closes-up-19...

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