Elon Musk's big payday from SpaceX IPO Investors who bought the shares are unlikely to see the explosive growth that past IPOs had Salon · Jun 13
Elon Musk becomes world's first trillionaire. But who were history's first billionaire and millionaire? Elon Musk has become the world's first trillionaire, a milestone echoing past fascinations with John D. Rockefeller, the first billionaire, and John Jacob Astor, the first millionaire. Musk's wealth, driven by SpaceX's IPO, has reignited debates on wealth inequality, with figures like Senator Warren highlighting the vast disparity. Historians note… The Times of India · Jun 13
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 · Jun 13
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 · Jun 13
Fortune · Jun 13 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.
The Economic Times · Jun 13 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 · Jun 13 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 · Jun 13 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 · Jun 13 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…