Local Business
06/16/2026 · Cook County
SpaceX shares surge 30% in market debut as company goes public
SpaceX launched its initial public offering Wednesday, with shares climbing 30% in early trading. The debut made company founder Elon Musk the world's first person to reach a net worth exceeding $1 trillion.
Musk's Net Worth Crosses $1 Trillion After SpaceX IPO
Elon Musk reached a $1 trillion net worth following SpaceX's initial public offering. Industry analysts expect additional AI-related companies to pursue public listings in coming months.
06/16/2026
SpaceX Aims for $75 Billion IPO Following xAI Merger
SpaceX plans to raise $75 billion through an initial public offering after merging with xAI, positioning itself as the first of three anticipated mega-IPOs from artificial intelligence companies in 2024.
06/16/2026
SpaceX sets IPO price at $135 per share, valuing company at $1.77 trillion
SpaceX priced its initial public offering at $135 per share, giving the company a valuation of $1.77 trillion ahead of its Friday trading debut. The offering surpasses all previous stock market debuts by valuation.
06/16/2026
SpaceX prepares for public offering that would value company at $1.7 trillion
SpaceX plans to go public in what would become the largest initial public offering in stock market history. The offering would value the rocket company at roughly $1.7 trillion, making it the world's most valuable publicly traded company.
06/16/2026