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SpaceX will join the Nasdaq-100 on July 7 in a fast-tracked process that will force billions of dollars in mandatory purchases from passive funds tracking the benchmark.
Elon Musk became history's first trillionaire on June 12, 2026. Twelve days later, a brutal tech selloff erased up to $374 billion and ended the milestone.
Elon Musk has lost close to $100 billion in paper wealth in days as SpaceX shares tumbled more than 26 percent from their post-IPO peak.
SpaceX shares have fallen more than 20 percent from their post-IPO high and credible analysts say the stock is still significantly overvalued at current levels.
Elon Musk's SpaceX has appointed Roelof Botha, the South African born former Sequoia Capital leader, to its board days after its record $75 billion IPO.
SpaceX has agreed to acquire AI coding startup Cursor for $60 billion in an all-stock deal days after completing the largest IPO in stock market history.
Elon Musk's net worth has hit $1.4 trillion on the Forbes real-time tracker as SpaceX shares continue rising after the largest IPO in history.
Elon Musk has become the world's first trillionaire as SpaceX begins trading on the Nasdaq at $135 per share in the largest IPO in history.
Elon Musk is poised to become the world's first trillionaire as SpaceX goes public, sparking intense criticism from anti-poverty advocates.
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.
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.
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.
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.
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.
Elon Musk's SpaceX has filed its S-1 prospectus with the SEC for a June 12 Nasdaq debut targeting a $1.75 trillion valuation and a raise of up to $75 billion, which would shatter every IPO record in history.