SpaceX Debuts on Wall Street: What Are the Stock Prices?

Wall Street is experiencing an unprecedented moment: SpaceX, the company founded by Elon Musk in 2002, has officially debuted on the stock exchange. The company, known for its rockets, satellites, and the Starlink satellite internet service, has established itself as a key player in space exploration and the artificial intelligence sector, following its recent merger with xAI. Today, its IPO reflects the growing convergence between technological innovation and the financial market, where space exploration and AI are becoming drivers of investment and stock market speculation. Furthermore, SpaceX’s IPO also symbolizes global interest in companies capable of combining high risk, disruptive innovation, and international expansion.

SpaceX Makes Elon Musk the World’s First Trillionaire

The biggest beneficiary of this operation is its owner, Elon Musk, who holds nearly half of SpaceX. Following the IPO, he will retain 82.4% of the voting power thanks to a special share structure. With this stake, estimated at $841 billion, Musk is poised to become the world’s first trillionaire. His fortune would even surpass the combined net worth of Larry Page, Sergey Brin, Larry Ellison, and Jeff Bezos. If the value of Tesla is added, his wealth could exceed $1.1 trillion. This figure highlights how Wall Street values the combination of futuristic vision, disruptive technology, and entrepreneurial leadership, even in sectors where returns are still surrounded by uncertainty.

SpaceX Shares Increase 22% and Trade at $165

Financial information took center stage when SpaceX began trading with an initial price of $135 per share. Minutes later, the shares rose to $150 at opening and reached an intraday high of $165, an increase of over 22% above the target price. The company sold 556 million shares, and demand exceeded $350 billion, attracting both institutional and retail investors. This performance elevates SpaceX’s valuation to over $2 trillion, from an initial target of $1.77 trillion, making it the sixth largest publicly traded U.S. company in the world. The increase in its stock price confirms investors’ confidence in the business model combining rockets, satellites, satellite internet, and AI projects, and surpasses previous records, including the historic Saudi Aramco IPO in 2019.

What’s Next for SpaceX After Its Wall Street Debut

It’s important to recall that SpaceX began by building rockets and transporting cargo to space. With Starlink, it entered the telecommunications sector, and with xAI, it integrated into the emerging artificial intelligence sector. In this context, its entry into the stock market will allow it to finance:

Development of Starship and Super Heavy rockets
Expansion of Starlink and satellite networks
Data centers in space
Artificial intelligence projects

Space, AI, and the Economic Future Intertwine

We are facing a new landscape. Artificial intelligence is emerging as a key driver of productivity and future profits, although its profitability is still in the development stage. The operation also sets a new standard on Wall Street by demonstrating a technological innovation company’s ability to generate value comparable to entire economies. Furthermore, the stock market debut opens the door to the creation of new billionaires in emerging sectors like artificial intelligence and space technology. All of this is happening in a context where investors are betting on innovation, exploration, and a long-term vision, even before fully consolidated profits are realized.

AI Giants Also Preparing for IPOs

SpaceX is not the only AI giant preparing for an IPO. Anthropic has already announced its plans, and its rival, OpenAI, is expected to follow suit. Together, these IPOs could create thousands of millionaires—and even a few billionaires—despite these companies not yet having demonstrated a clear path to profitability.