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The Latest Breaking News from SpaceX

Breaking 3 publishers covering this story in the last 6 hours

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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

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AAP · Jun 13

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AAP · Jun 13

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AAP · Jun 13

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AAP · 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

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AAP · Jun 13

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AAP · 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

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 · Jun 13

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AAP · 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

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AAP · Jun 13

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AAP · Jun 13

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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

Global markets: Stocks rise as SpaceX makes market debut; oil slides on Gulf peace hopes

Global equities rose Friday, led by a surge in SpaceX's market debut, which pushed its valuation past $2 trillion. Wall Street ended higher as investors weighed hopes for an Iran peace deal against the tangible boost from the successful IPO. Oil prices slid over 3% on renewed optimism for a…

The Economic Times · Jun 13

Dollar steadies, set for weekly loss on US-Iran deal talks

The dollar steadied but eyed a weekly loss as Middle East peace talks and SpaceX's massive IPO dominated market attention. The euro edged higher after the ECB's rate hike, while traders awaited the Federal Reserve's upcoming meeting. Markets are assessing the impact of potential peace and the SpaceX offering on…

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AAP · Jun 13

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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…

AAP · Jun 13

AAP Rolling News Bulletin June 13, 1400

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The Economic Times · Jun 13

Wall Street Week Ahead: Newly led Fed poses wildcard for rockier US indexes

Investors are closely watching the Federal Reserve's first meeting under new Chair Kevin Warsh amid concerns that interest rate hikes to combat inflation could negatively impact the stock market. While the Fed is expected to hold rates steady for now, market participants will scrutinize future projections and Warsh's communication for…

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