SpaceX confirms plans for an IPO that could make Elon Musk a trillionaire
SpaceX has announced plans for its initial public offering (IPO), which could potentially make CEO Elon Musk the world's first trillionaire. The IPO is expected to be the largest in history, surpassing the previous record set by Saudi Aramco in 2020. SpaceX's success in the rocket and satellite internet sectors has generated significant investor interest ahead of the offering.
- ▪SpaceX's IPO is anticipated to take place next month after a marketing period.
- ▪The IPO could make Elon Musk the first trillionaire, highlighting the immense wealth in the tech industry.
- ▪SpaceX has secured valuable government contracts with NASA and the Defense Department for various services.
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BREAKING NEWSMay. 20, 2026, 8:48 PM UTCElon MuskElon MuskSpaceX confirms plans for an IPO that could make Elon Musk a trillionaireIt would likely be the biggest IPO ever, surpassing the 2020 debut of Saudi Aramco.Listen to this article with a free account00:0000:00Elon Musk in Paris in 2023.Chesnot / Getty Images fileShareAdd NBC News to GoogleBy David IngramSpaceX confirmed plans to sell shares of its stock to the public for the first time, according to a securities filing Wednesday outlining the company’s fundamentals.Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content.The initial public offering (IPO) could make CEO Elon Musk the world’s first trillionaire, a milestone that underscores the extraordinary wealth the tech industry has…
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