Musk gets 1 billion SpaceX shares if Mars colony succeeds
SpaceX's IPO prospectus reveals Elon Musk will receive 1 billion shares worth $135 billion at the IPO price if SpaceX successfully establishes a Mars colony of 1 million inhabitants.
Skip to content
SpaceX's IPO prospectus reveals Elon Musk will receive 1 billion shares worth $135 billion at the IPO price if SpaceX successfully establishes a Mars colony of 1 million inhabitants.
SpaceX prices its IPO on June 11 at $1.75 trillion, but Morningstar warns that $1.3 trillion of that valuation rests entirely on orbital AI data centers with no commercial revenue.
Elon Musk's Terafab targets one terawatt of annual chip output, double current US consumption, with Tesla and Intel anchoring a $122 billion SpaceX facility in Bastrop, Texas.
SpaceX has drawn $150 billion in investor demand, twice its $75 billion target, with order books closing June 10, pricing set for June 11 and trading on Nasdaq under SPCX beginning June 12.
Elon Musk unveiled SpaceX's AI1 orbital data center satellite on June 8, revealing a 70-meter wingspan design with 150 kW of AI compute capacity ahead of the company's IPO.
Amazon Kuiper Kenya has applied for a satellite internet licence in Kenya, putting Jeff Bezos on a direct collision course with Elon Musk's Starlink in East Africa.
Google has agreed to pay Elon Musk's SpaceX $920 million a month for computing power, totalling roughly $30 billion under a deal running through June 2029.
Elon Musk is set to become the world's first trillionaire on June 12 when SpaceX prices its historic $1.77 trillion Nasdaq IPO and begins trading.
JPMorgan CEO Jamie Dimon is personally pitching the SpaceX IPO to more than 2,500 wealthy clients at 90 bank locations across 26 US states.
SpaceX has filed to sell shares at $135 each targeting a $1.8 trillion valuation in what would be the largest stock market debut in history.
SpaceX has warned prospective IPO investors that future acquisitions could dilute their ownership stakes as the company targets a $1.75 trillion listing on Nasdaq.
Elon Musk is weighing a potential merger of SpaceX and Tesla that would create the world's largest-ever company deal at $3.4 trillion.
Investors who rushed into SpaceX proxy funds want out as the June 12 IPO nears, but many face liquidity constraints that could leave them stuck until SPCX begins trading.
SpaceX lowered its IPO target to $1.8 trillion after a $4.28 billion Q1 loss, but retail investors have poured $14 billion into proxy funds since December.
Elon Musk received a $132.3 billion Tesla stock award in 2025, dwarfing the next-largest package by a factor of 160, as average S&P 500 CEO compensation rose 6% to $17.7 million while median worker pay reached $89,744.
Anthropic is paying SpaceX $1.25 billion a month for access to its Colossus supercomputing clusters through May 2029, a $15 billion annual deal disclosed in SpaceX's S-1 that transforms the IPO's investment case beyond rockets and satellites.