New York: Elon Musk is on the verge of becoming the world’s first trillionaire after the blockbuster initial public offering (IPO) of SpaceX significantly boosted the value of his holdings. The historic listing has further cemented Musk’s position as the richest person on the planet and marked a major milestone in global business history.
SpaceX priced its IPO at $135 per share, giving the company a valuation of approximately $1.75 trillion to $1.77 trillion, making it the largest IPO ever recorded. The offering raised around $75 billion, surpassing previous IPO records and instantly placing SpaceX among the world’s most valuable publicly traded companies.
According to estimates cited by Bloomberg and Business Insider, Musk’s stake in SpaceX is now worth roughly $688 billion, pushing his overall net worth to about $971 billion. That leaves him less than $30 billion away from crossing the trillion-dollar threshold.
The dramatic rise in Musk’s fortune has been fueled primarily by SpaceX’s soaring valuation. The company has evolved from a private rocket manufacturer into a diversified technology giant with interests spanning space transportation, satellite internet through Starlink, artificial intelligence and advanced computing infrastructure.
Financial analysts note that if SpaceX shares rise only modestly above their IPO price, Musk could officially become the first person in recorded history to achieve a net worth exceeding $1 trillion. Some estimates suggest that a share price of around $141 could be sufficient to push him past the milestone.
The IPO has also generated enormous wealth for other investors. Longtime SpaceX backers, venture capital firms and institutional shareholders have seen the value of their holdings surge. Google’s parent company, Alphabet, is among the major beneficiaries due to its early investment in SpaceX.
Investor enthusiasm for the offering reflects confidence in SpaceX’s long-term growth prospects. The company dominates the global commercial launch market, operates the rapidly expanding Starlink satellite network and continues to pursue ambitious projects related to artificial intelligence and space exploration.
However, not all market observers are convinced. Some investors and analysts have raised concerns about SpaceX’s valuation, noting that the company reported a $4.9 billion loss in 2025 despite generating $18.7 billion in revenue. Critics argue that expectations surrounding future AI and space-related businesses may already be reflected in the stock price.
Despite these concerns, investor demand for the IPO was exceptionally strong. Reports indicate that the offering was oversubscribed multiple times, highlighting the market’s confidence in Musk’s ability to build transformative companies across multiple industries.
The SpaceX listing is being viewed as a landmark event for global capital markets. Analysts believe it could pave the way for other highly valued private technology companies, including AI firms, to pursue public listings in the coming months.
For Musk, the IPO represents another extraordinary chapter in a career that has already reshaped industries ranging from electric vehicles and space exploration to artificial intelligence and social media. Whether he officially becomes the world’s first trillionaire in the coming days or weeks may now depend largely on how investors respond to SpaceX’s debut in the public markets.
