Sources
Bloomberg — 2026-06-13#
Lead Story#
SpaceX’s historic $75 billion initial public offering tested the limits of modern capital markets and propelled founder Elon Musk to become the world’s first trillionaire. Driven by intense retail investor appetite and a strategic rush to list ahead of the US midterm elections and Musk’s 55th birthday, shares surged 19% on their first day of trading. The massive public listing brings the space exploration juggernaut into mainstream mutual funds and 401(k)s, capitalizing on the broader optimism surrounding the artificial intelligence boom.