techcrunch.com·Jun 16, 2026
SpaceX completed its initial public offering (IPO) on June 12, 2026, raising $85.7 billion, making it the largest IPO in history and elevating CEO Elon Musk to the world's first trillionaire. Following the IPO, SpaceX's stock surged, briefly surpassing Amazon's valuation to become the fifth-most valuable company globally.
SpaceX's recent IPO has positioned it as the fifth-most valuable company globally, with a valuation briefly surpassing Amazon. This significant milestone not only makes SpaceX a major player in the space economy but also highlights its potential for rapid growth and influence in commercial space ventures, making it a critical company to watch for future investment opportunities in space tech and related sectors.