The global capital markets witnessed an unprecedented frenzy today (12th). Elon Musk and COO Gwynne Shotwell jointly rang the opening bell on Nasdaq, officially announcing the listing of SpaceX, the space technology giant codenamed "SPCX," on the US stock market. This record-breaking IPO, raising a staggering $75 billion, was the world's largest, and after several hours of thrilling opening auctions and order balancing, it was successfully matched at nearly midnight Taipei time on the evening of the 12th (between approximately 11:30 PM and 1:00 AM), marking the first official transaction.
The stock opened 11% higher at $150, pushing its market capitalization close to the $2 trillion mark.
SpaceX priced its IPO at $135 per share on June 11 (yesterday), offering approximately 555.6 million Class A common shares. Although the initial price target in the pre-market opening window was driven up to $160 to $175 by enthusiastic sentiment, the first traded share ultimately settled at a steady $150, a significant increase of approximately 11% over the IPO price.
Based on the opening price of $150, SpaceX's immediate market capitalization surged from $1.77 trillion at the time of its IPO to approximately $1.96 trillion (over $1.9 trillion), instantly propelling the space empire into the hall of fame of the world's top ten companies by market capitalization. Retail and institutional investors traded frantically after the opening, resulting in extremely high trading volume, demonstrating the US stock market's strong appetite for the space economy and the Starlink saga.
Crossing a historic threshold! Elon Musk's net worth surpasses $1 trillion, making him the "first trillionaire."
With the strong opening of SPCX, tech visionary Elon Musk has personally created an immortal legend in the history of human wealth. Thanks to his massive 42% to 50% stake in SpaceX (including substantial options), the surge in SpaceX's market value has caused his personal net worth to instantly achieve an epic leap.
Combined with his other core assets, including Tesla, and based on current stock prices, Musk's total net worth has officially crossed the ultimate threshold of $1 trillion, reaching approximately $1.005 trillion to $1.1 trillion. This means that Musk has officially surpassed all previous billionaires to become the first truly deserving "trillionaire" in human history.
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SpaceX's pre-market price averaged $174, pushing its market capitalization to $1.765 trillion.
