Overview
- The Nasdaq listing on Friday, June 12, was priced at $135 per share, raised about $75 billion and implied a company valuation near $1.75–1.77 trillion.
- Market indexes and reporting show Elon Musk’s estimated net worth jumped roughly $274 billion to about $1.1 trillion after the IPO, a figure that depends on post‑listing share prices and index calculations.
- SpaceX reserved an unusually large roughly 30% allocation for retail investors and saw reported demand about four times available shares, making it the highest‑valued company at debut and surpassing the Aramco listing record.
- Company documents and reporting say Musk retains about 40–42% of economic ownership and roughly 80% of voting power through a dual‑class share structure, concentrating control over major decisions.
- If the public valuation holds, around 4,400 current and former SpaceX employees could become millionaires and several hundred may hold nine‑figure stakes, though long‑term wealth and market effects will track aftermarket trading, governance scrutiny and index treatment.