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The Latest Breaking News from Elon Musk

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SpaceX CFO Bret Johnsen quietly engineered its historic IPO and became an overnight billionaire

Johnsen, SpaceX’s longest-tenured and only CFO, is now worth about $1.4 billion.

Fortune

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Uday Kotak questions SpaceX valuation, says only time will tell if we're in ‘mega bubble'

Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks came after the company’s debut propelled Elon Musk to trillionaire status and lifted SpaceX into the world’s corporate elite.

The Economic Times

How Elon Musk rewrote SpaceX's story—and turned it into the greatest IPO debut in history

By convincing investors that AI will power his moonshot, SpaceX broke records in its trading debut.

Fortune

SpaceX becomes world's 7th most valuable company after blockbuster market debut

SpaceX’s record-breaking IPO debut lifted its valuation above $2 trillion, making it one of the world’s most valuable companies. Strong investor demand, heavy trading volumes and retail enthusiasm boosted Elon Musk’s fortune, despite the company remaining loss-making and heavily growth-driven.

The Economic Times

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Retail investors build big dreams on small slices of SpaceX

SpaceX's initial public offering saw massive retail investor interest. A substantial 30% of shares were set aside for individual buyers. Many investors eagerly bought shares on the first day, contributing to a 19% price surge. Brokerages reported record participation. Some investors received fewer shares than requested, while others bought directly…

The Economic Times

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The Economic Times

US stocks end higher as SpaceX shares surge in market debut

Indian markets saw a positive close on Friday. Hopes for a peace deal between Iran and the United States boosted investor sentiment. SpaceX's debut on the Nasdaq was a historic event, with its shares surging. Other space stocks saw a dip. Investors are now looking towards the Federal Reserve's upcoming…

The Economic Times

Japanese investors sought more than $6.2 billion worth of SpaceX shares at IPO, sources say

Japanese investors showed immense interest in SpaceX's record-breaking IPO. They sought over one trillion yen in shares, with retail investors leading the charge. This strong demand mirrored global enthusiasm for Elon Musk's company. Japanese investors ultimately secured 2.2 billion dollars worth of stock. The IPO was the world's largest public…

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The Economic Times

Elon Musk net worth tops combined wealth of next 4 billionaires after historic SpaceX debut

SpaceX’s blockbuster stock market debut propelled Elon Musk’s net worth above $1 trillion for the first time. Strong investor demand pushed the company’s valuation past $2 trillion, cementing Musk’s position as the world’s richest individual by a wide margin.

AAP

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The Economic Times

SpaceX: Five key moments, from first launch to Starship megarocket

More than 20 years after its founding, SpaceX made history Friday with its record-high stock market debut, crowning a unique journey marked by dazzling successes but also catastrophic failures and unfulfilled promises.

AAP

Defiance ETFs Announces Temporary Trading Halt of the Defiance Daily 2X Space ETF (SPCL) on Cboe BZX Exchange, Inc.

MIAMI, June 12, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, today announced that trading in shares of the Defiance Daily 2X Space ETF (Cboe BZX: SPCL) was temporarily halted by Cboe BZX Exchange, Inc. (the “Exchange”).Trading was temporarily halted at 10:45 A.M. EDT…

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