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Space

Science

Monisha Ravisetti

SpaceX IPO brings Starship to NYC | Space photo of the day for June 16, 2026

SpaceX Elon Musk IPO Nasdaq Mars Yahoo Finance

Elon Musk, founder of SpaceX, on screen during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York City on Friday, June 12, 2026. (Image credit: Adam Gray/Bloomberg via Getty Images)

For better or for worse, the world has its first trillionaire: Elon Musk.

On Friday (June 12), Musk's rocket company SpaceX made its debut on the Nasdaq, marking the largest IPO in history. With a staggering $1.78 trillion dollar valuation, it made Musk the first-ever trillionaire during the first 20 minutes or so of trading.

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