{"id":3847,"date":"2026-06-12T22:42:27","date_gmt":"2026-06-12T22:42:27","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=3847"},"modified":"2026-06-12T22:42:27","modified_gmt":"2026-06-12T22:42:27","slug":"elon-musk-becomes-trillionaire-as-spacex-spcx-makes-historic-wall-street-debut","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/06\/12\/elon-musk-becomes-trillionaire-as-spacex-spcx-makes-historic-wall-street-debut\/","title":{"rendered":"Elon Musk becomes trillionaire as SpaceX (SPCX) makes historic Wall Street debut"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"299\" height=\"168\" data-id=\"3848\" src=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/06\/IMG_3548.jpeg\" alt=\"\" class=\"wp-image-3848\"\/><\/figure>\n<\/figure>\n\n\n\n<p>SpaceX\u2019s public offering on Thursday set a new record, surpassing Saudi Aramco to become the largest IPO in history after the company raised 75 billion dollars. While initial expectations placed the opening price at around 135 dollars per share, trading on Wall Street under the SPCX ticker began at 150 dollars instead.<\/p>\n\n\n\n<p>Early trading saw significant volatility, with the stock briefly climbing toward 170 dollars before being halted. It later stabilized slightly lower, trading below 160 dollars.<\/p>\n\n\n\n<p>Despite the fluctuations, SpaceX quickly climbed into the ranks of the world\u2019s most valuable companies, reaching a market capitalization above 2 trillion dollars. At the time of reporting, it ranked ninth globally, ahead of Broadcom at 1.8 trillion dollars and just behind TSMC at 2.2 trillion dollars.<\/p>\n\n\n\n<p>The blockbuster listing and multi trillion dollar valuation significantly boosted Elon Musk\u2019s net worth on paper, making the Elon Musk the first individual to reach trillionaire status.<\/p>\n\n\n\n<p>Founded in 2002 as a space exploration, telecommunications, and AI focused company, SpaceX sold 556 million shares at its initial offering price of 135 dollars. Retail investors were able to participate through platforms including Charles Schwab, Fidelity, SoFi, Morgan Stanley\u2019s E*TRADE, and Robinhood.<\/p>\n\n\n\n<p>A Charles Schwab spokesperson told CNN that all eligible clients who completed the required affirmation process received at least part of their requested allocation.#crypto#cryptonews <a href=\"https:\/\/coinsignals.net\">https:\/\/coinsignals.net<\/a> <a href=\"https:\/\/t.me\/coinsignalpublic\">https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX\u2019s public offering on Thursday set a new record, surpassing Saudi Aramco to become the largest IPO in history after the company raised 75 billion dollars.&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3847","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=3847"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3847\/revisions"}],"predecessor-version":[{"id":3849,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3847\/revisions\/3849"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=3847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=3847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=3847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}