SpaceX IPO: Musk now has more money than Taiwan’s GDP

0 June 12, 2026 17:30

SpaceX went public Friday, with shares trading at just above $150 in a hotly anticipated initial public offering that values Elon Musk’s rocket and AI company at $2 trillion. Musk celebrated the market debut Friday, jointly ringing the Nasdaq opening bell from SpaceX headquarters in Texas. He has now made history as the world’s first trillionaire, and SpaceX’s IPO is the biggest in history.

0:00 What can $1,000,000,000,000 buy you?
1:08 Elon Musk becomes the world’s first trillionaire
2:05 Musk is now worth more than the GDP of Ireland, Sweden, Belgium, Israel..
2:14 CNN’s Phil Mattingly speaks with Cory Johnson of Epistrophy Capital Research
3:37 Johnson: “They’re moving the risk onto the public”
4:20 Johnson: Institutional investors “will be required to own SpaceX really quickly in an unusual way”
6:18 Inside SpaceX’s IPO

Channel: CNN