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SpaceX IPO: 'We want to take you to the Moon, Mars and beyond' — Elon Musk on historic listing

SpaceX IPO: 'We want to take you to the Moon, Mars and beyond' — Elon Musk on historic listing

SpaceX priced its IPO at $135 per share, raising around $75 billion and valuing the aerospace and satellite giant at approximately $1.77 trillion.

Prashun Talukdar
Prashun Talukdar
  • Updated Jun 12, 2026 9:19 PM IST
SpaceX IPO: 'We want to take you to the Moon, Mars and beyond' — Elon Musk on historic listingThe listing has propelled Elon Musk to an unprecedented level of personal wealth.

Following the market debut of SpaceX, founder Elon Musk said the company is focused on taking the fiction out of science fiction (sci-fi) and creating an exciting, inspiring future for everyone.

"We want to be able to take anyone who wants to go to the moon, anyone who wants to go to Mars, or anywhere in the solar system, and maybe beyond the solar system at some point. We want to be able to take you there. Not just a few astronauts, I mean, you. Literally you. SpaceX wants to be able to take you to the moon, take you to Mars, and ultimately beyond. And I’m confident at this point that with the incredible team that we have here at SpaceX, we will do that for you," he stated in a video post on X (formerly Twitter).

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The historic stock market debut of SpaceX has rewritten the record books for initial public offerings (IPOs).

The listing, widely termed as the largest IPO in history, has propelled Musk to an unprecedented level of personal wealth, with several estimates suggesting he has become -- at least on paper -- the world's first trillionaire.

SpaceX priced its IPO at $135 per share, raising around $75 billion and valuing the aerospace and satellite giant at approximately $1.77 trillion.

The blockbuster listing eclipses previous IPO records, including Saudi Aramco's 2019 debut, and instantly places SpaceX among the world's most valuable publicly traded companies.

While SpaceX is best known for its reusable rockets and ambitious plans, investors increasingly view the company as a diversified technology giant.

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Its Starlink satellite network serves millions of users globally and has become a major revenue engine, while its growing footprint in AI-related infrastructure has added another layer to its valuation story.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

ABOUT THE AUTHOR

Prashun Talukdar
Prashun Talukdar

With a long experience in the digital space, Prashun has seen it all (mostly at least). From dot-com bubbles to crypto crazes. When it comes to covering the stock markets, he is constantly on the trail to look out for the next big trend. But don't let the seriousness of the stock market fool you. Outside of work, you can often find him strolling Insta, scrolling through memes or binge-watching cartoons.

And when Prashun is not glued to his phone, he's checking out the latest automobile launches – because let's face it, who doesn't love a good car or bike show? So, watch this space for reading regular updates and insights into the world of stock markets. Motto: Live and let live!

Published on: Jun 12, 2026 9:19 PM IST