The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control The Guardian - US · Jun 12
Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes from the SpaceX IPO From a prop trader who bet “a car” to an early investor sitting on $300 million, the sidewalk outside the Nasdaq represented everyone in the AI market. Fortune · Jun 12
On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’ A combined SpaceX-Tesla could be worth more than $3 trillion. Fortune · Jun 12
Elon Musk recalls SpaceX’s journey from mere 10% chance of success to the world’s biggest IPO Elon Musk revealed that when he founded SpaceX he gave it less than a 10% chance of success. However, the aerospace giant on Friday, debuted on Nasdaq in the largest IPO ever, with its valuation surpassing $2 trillion. This blockbuster listing also propelled Musk to become the world's first trillionaire. The Economic Times · Jun 12
SpaceX IPO: Elon Musk becomes world’s first trillionaire as opening shares soar As SpaceX shares rise higher, hitting $158.51, Elon Musk's wealth has passed $1trn The Independent UK · Jun 12
SpaceX soars 25% in Wall Street debut and makes Elon Musk the first trillionaire Shares of SpaceX soared 25% in their Wall Street debut on Friday, making the rocket maker's CEO Elon Musk the first-ever trillionaire AAP · Jun 12
The economist who said ‘no bubble’ just sounded the alarm: ‘The season of chaos is at hand’ “The chamber of dispersion has been opened,” Owen Lamont says. “The beast of volatility has awakened, and the season of chaos is at hand.” Fortune · Jun 12
US stocks rise as oil falls and SpaceX soars in its debut on Wall Street U.S. stocks are rising after oil prices fell again, and SpaceX soared in its highly anticipated debut on Wall Street AAP · Jun 12
Elon Musk Becomes the World's First Trillionaire After SpaceX IPO A record-breaking IPO vaulted SpaceX into the ranks of the world's most valuable publicly traded companies and dramatically increased the value of Musk's holdings across his business empire. International Business Times · Jun 12
Musk's SpaceX surges past $US2 trillion in Nasdaq debut SpaceX has made its stock market debut in a record initial public offering, with the company's value surging past $US2 trillion. AAP · Jun 12
What Elon Musk's trillion means in real terms Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world's first trillionaire AAP · Jun 12
Elon Musk becomes world’s first trillionaire after SpaceX mega float His fortune has been boosted by the sky-high valuation of his rocket and artificial intelligence firm SpaceX on its stock market debut. Evening Standard · Jun 12
AAP · Jun 12 SpaceX soars 23% in Wall Street debut and makes Elon Musk the first trillionaire SpaceX shares shot 23% higher as the rocket maker's shares soared in their debut on Wall Street and made CEO Elon Musk the first-ever trillionaire
Evening Standard · Jun 12 Elon Musk’s SpaceX soars to two trillion dollars in record-breaking IPO It makes Tesla and X owner Mr Musk – already a billionaire – the world’s first paper trillionaire.
International Business Times UK · Jun 12 Elon Musk Confession: 'Trillionaire' Rejects Relaxing On Beach Because 'Nothing Matters If We Collapse' Elon Musk says civilisation's survival outweighs personal luxury, arguing that cultural and political battles matter more than leisure if society were to collapse.
Evening Standard · Jun 12 FTSE soars on peace hope as SpaceX IPO blasts off The FTSE 100 closed up 167.84 points, or 1.6%, at 10,471.72.
The Economic Times · Jun 12 World's first trillionaire: SpaceX premium debut briefly hands Elon Musk historic status Elon Musk briefly touched a trillion-dollar net worth as SpaceX shares surged on its Wall Street debut, though his wealth later settled below that mark. The rocket company's IPO positions it among the largest US-listed firms, with Musk reiterating his ambition to take humanity to Mars and beyond.
AAP · Jun 12 US stocks drift as oil falls and SpaceX debuts on Wall Street U.S. stocks are drifting after oil prices fell again and Wall Street welcomed the highly anticipated trading debut of SpaceX
Fortune · Jun 12 With SpaceX IPO, Elon Musk is the world’s first trillionaire—but he mostly lives in a tiny home in south Texas. ‘There is no food in the fridge’ SpaceX raised $75 billion on Thursday in the largest IPO ever after offering more than 555 million shares at $135 a piece, valuing the company at over $1.7 trillion.
International Business Times · Jun 12 SpaceX Begins Trading In Nasdaq At $150 After $135 Pricing SpaceX began trading in Nasdaq on Friday at $150 after a $135 pricing.
AAP · Jun 12 SpaceX opens 11% higher at $150 a share and makes Musk the first trillionaire SpaceX jumped 11% as the rocket maker's stock opened for trading
Euronews · Jun 12 SpaceX makes its Nasdaq debut after the largest public offering in history Elon Musk's SpaceX began trading on the Nasdaq this Friday under the ticker SPCX, following a record $75bn (€65bn) capital raise that valued the AI and space firm at about $1.78 trillion (€1.54trn).