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morningbrew
Jun 12, 2026
It was a historic day for SpaceX and its founder. With SpaceX officially listed on the Nasdaq, CEO and founder Elon Musk has made human history as the first person with a net worth of $1 trillion. In what’s now the largest IPO in history, SpaceX began trading just before noon today, opening at $150/share for an 11% jump from its $135 IPO price. By the closing bell, the stock had climbed 19% to $161—pushing the company’s market cap above $2 trillion and making SpaceX the world’s 7th-most valuable company. For Musk, the day vaulted his net worth past the historic $1 trillion barrier—climbing as high as $1.2 trillion at SpaceX’s intraday peak. Overall, his ~40% stake in SpaceX is now valued at $821 billion, per Forbes, with $767 billion of that coming from his 4.8 billion shares of the rocketmaker. As for the rest of the market, the S&P 500, Dow Jones, and Nasdaq all rose today, a promising early sign that suggests the IPO isn’t doing what analysts feared: pulling capital out of the index’s heavyweights. 📸 : Getty
It was a historic day for SpaceX and its founder. With SpaceX officially listed on the Nasdaq, CEO and founder Elon Musk has made human history as the first person with a net worth of $1 trillion. In what’s now the largest IPO in history, SpaceX began trading just before noon today, opening at $150/share for an 11% jump from its $135 IPO price. By the closing bell, the stock had climbed 19% to $161—pushing the company’s market cap above $2 trillion and making SpaceX the world’s 7th-most valuable company. For Musk, the day vaulted his net worth past the historic $1 trillion barrier—climbing as high as $1.2 trillion at SpaceX’s intraday peak. Overall, his ~40% stake in SpaceX is now valued at $821 billion, per Forbes, with $767 billion of that coming from his 4.8 billion shares of the rocketmaker. As for the rest of the market, the S&P 500, Dow Jones, and Nasdaq all rose today, a promising early sign that suggests the IPO isn’t doing what analysts feared: pulling capital out of the index’s heavyweights. 📸 : Getty
It was a historic day for SpaceX and its founder. With SpaceX officially listed on the Nasdaq, CEO and founder Elon Musk has made human history as the first person with a net worth of $1 trillion. In what’s now the largest IPO in history, SpaceX began trading just before noon today, opening at $150/share for an 11% jump from its $135 IPO price. By the closing bell, the stock had climbed 19% to $161—pushing the company’s market cap above $2 trillion and making SpaceX the world’s 7th-most valuable company. For Musk, the day vaulted his net worth past the historic $1 trillion barrier—climbing as high as $1.2 trillion at SpaceX’s intraday peak. Overall, his ~40% stake in SpaceX is now valued at $821 billion, per Forbes, with $767 billion of that coming from his 4.8 billion shares of the rocketmaker. As for the rest of the market, the S&P 500, Dow Jones, and Nasdaq all rose today, a promising early sign that suggests the IPO isn’t doing what analysts feared: pulling capital out of the index’s heavyweights. 📸 : Getty
It was a historic day for SpaceX and its founder. With SpaceX officially listed on the Nasdaq, CEO and founder Elon Musk has made human history as the first person with a net worth of $1 trillion. In what’s now the largest IPO in history, SpaceX began trading just before noon today, opening at $150/share for an 11% jump from its $135 IPO price. By the closing bell, the stock had climbed 19% to $161—pushing the company’s market cap above $2 trillion and making SpaceX the world’s 7th-most valuable company. For Musk, the day vaulted his net worth past the historic $1 trillion barrier—climbing as high as $1.2 trillion at SpaceX’s intraday peak. Overall, his ~40% stake in SpaceX is now valued at $821 billion, per Forbes, with $767 billion of that coming from his 4.8 billion shares of the rocketmaker. As for the rest of the market, the S&P 500, Dow Jones, and Nasdaq all rose today, a promising early sign that suggests the IPO isn’t doing what analysts feared: pulling capital out of the index’s heavyweights. 📸 : Getty
It was a historic day for SpaceX and its founder. With SpaceX officially listed on the Nasdaq, CEO and founder Elon Musk has made human history as the first person with a net worth of $1 trillion. In what’s now the largest IPO in history, SpaceX began trading just before noon today, opening at $150/share for an 11% jump from its $135 IPO price. By the closing bell, the stock had climbed 19% to $161—pushing the company’s market cap above $2 trillion and making SpaceX the world’s 7th-most valuable company. For Musk, the day vaulted his net worth past the historic $1 trillion barrier—climbing as high as $1.2 trillion at SpaceX’s intraday peak. Overall, his ~40% stake in SpaceX is now valued at $821 billion, per Forbes, with $767 billion of that coming from his 4.8 billion shares of the rocketmaker. As for the rest of the market, the S&P 500, Dow Jones, and Nasdaq all rose today, a promising early sign that suggests the IPO isn’t doing what analysts feared: pulling capital out of the index’s heavyweights. 📸 : Getty
It was a historic day for SpaceX and its founder. With SpaceX officially listed on the Nasdaq, CEO and founder Elon Musk has made human history as the first person with a net worth of $1 trillion. In what’s now the largest IPO in history, SpaceX began trading just before noon today, opening at $150/share for an 11% jump from its $135 IPO price. By the closing bell, the stock had climbed 19% to $161—pushing the company’s market cap above $2 trillion and making SpaceX the world’s 7th-most valuable company. For Musk, the day vaulted his net worth past the historic $1 trillion barrier—climbing as high as $1.2 trillion at SpaceX’s intraday peak. Overall, his ~40% stake in SpaceX is now valued at $821 billion, per Forbes, with $767 billion of that coming from his 4.8 billion shares of the rocketmaker. As for the rest of the market, the S&P 500, Dow Jones, and Nasdaq all rose today, a promising early sign that suggests the IPO isn’t doing what analysts feared: pulling capital out of the index’s heavyweights. 📸 : Getty
It was a historic day for SpaceX and its founder. With SpaceX officially listed on the Nasdaq, CEO and founder Elon Musk has made human history as the first person with a net worth of $1 trillion. In what’s now the largest IPO in history, SpaceX began trading just before noon today, opening at $150/share for an 11% jump from its $135 IPO price. By the closing bell, the stock had climbed 19% to $161—pushing the company’s market cap above $2 trillion and making SpaceX the world’s 7th-most valuable company. For Musk, the day vaulted his net worth past the historic $1 trillion barrier—climbing as high as $1.2 trillion at SpaceX’s intraday peak. Overall, his ~40% stake in SpaceX is now valued at $821 billion, per Forbes, with $767 billion of that coming from his 4.8 billion shares of the rocketmaker. As for the rest of the market, the S&P 500, Dow Jones, and Nasdaq all rose today, a promising early sign that suggests the IPO isn’t doing what analysts feared: pulling capital out of the index’s heavyweights. 📸 : Getty
It was a historic day for SpaceX and its founder. With SpaceX officially listed on the Nasdaq, CEO and founder Elon Musk has made human history as the first person with a net worth of $1 trillion. In what’s now the largest IPO in history, SpaceX began trading just before noon today, opening at $150/share for an 11% jump from its $135 IPO price. By the closing bell, the stock had climbed 19% to $161—pushing the company’s market cap above $2 trillion and making SpaceX the world’s 7th-most valuable company. For Musk, the day vaulted his net worth past the historic $1 trillion barrier—climbing as high as $1.2 trillion at SpaceX’s intraday peak. Overall, his ~40% stake in SpaceX is now valued at $821 billion, per Forbes, with $767 billion of that coming from his 4.8 billion shares of the rocketmaker. As for the rest of the market, the S&P 500, Dow Jones, and Nasdaq all rose today, a promising early sign that suggests the IPO isn’t doing what analysts feared: pulling capital out of the index’s heavyweights. 📸 : Getty
It was a historic day for SpaceX and its founder. With SpaceX officially listed on the Nasdaq, CEO and founder Elon Musk has made human history as the first person with a net worth of $1 trillion. In what’s now the largest IPO in history, SpaceX began trading just before noon today, opening at $150/share for an 11% jump from its $135 IPO price. By the closing bell, the stock had climbed 19% to $161—pushing the company’s market cap above $2 trillion and making SpaceX the world’s 7th-most valuable company. For Musk, the day vaulted his net worth past the historic $1 trillion barrier—climbing as high as $1.2 trillion at SpaceX’s intraday peak. Overall, his ~40% stake in SpaceX is now valued at $821 billion, per Forbes, with $767 billion of that coming from his 4.8 billion shares of the rocketmaker. As for the rest of the market, the S&P 500, Dow Jones, and Nasdaq all rose today, a promising early sign that suggests the IPO isn’t doing what analysts feared: pulling capital out of the index’s heavyweights. 📸 : Getty
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It was a historic day for SpaceX and its founder. With SpaceX officially listed on the Nasdaq, CEO and founder Elon Musk has made human history as the first person with a net worth of $1 trillion. In what’s now the largest IPO in history, SpaceX began trading just before noon today, opening at $150/share for an 11% jump from its $135 IPO price. By the closing bell, the stock had climbed 19% to $161—pushing the company’s market cap above $2 trillion and making SpaceX the world’s 7th-most valuable company. For Musk, the day vaulted his net worth past the historic $1 trillion barrier—climbing as high as $1.2 trillion at SpaceX’s intraday peak. Overall, his ~40% stake in SpaceX is now valued at $821 billion, per Forbes, with $767 billion of that coming from his 4.8 billion shares of the rocketmaker. As for the rest of the market, the S&P 500, Dow Jones, and Nasdaq all rose today, a promising early sign that suggests the IPO isn’t doing what analysts feared: pulling capital out of the index’s heavyweights. 📸 : Getty

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