SpaceX, an aerospace company, rose 19.22% on the 1st day of trading on Nasdaq, the 2nd largest stock exchange in the United States. The shares debuted this Friday (June 12, 2026) at US$ 135, after Elon Musk’s company carried out its initial public offering (IPO) on Thursday (June 11), in an operation that US$75 billion.
The shares had their biggest peak, around 2 pm (Brasília time), at US$ 176.52, an increase of 30.6% in relation to the initial offer. The closing price was US$160.95.
In addition to space launches, SpaceX controls Starlink, a satellite internet division that has thousands of satellites in orbit and operates in several countries, and xAI, an artificial intelligence startup that develops the Grok chatbot, which competes with Claude, from Anthropic, and ChatGPT, from OpenAI.
The 1st trillionaire
Elon Musk’s net worth US$ 2 trillion with the appreciation of the company’s shares. The businessman became the asset brand in the trillions.
Before SpaceX’s public offering, Forbes estimated Musk’s net worth at approximately $780 billion. At the time, he ranked 1st among the richest people in the world, ahead of Larry Page, co-founder of Alphabet.
TESLA, SPACEX AND MORE
Elon Musk was born in 1972, in Pretoria, South Africa. Son of a Canadian mother and a South African father, he studied at the University of Pennsylvania (USA), where he graduated in 1997. In 2002, he founded SpaceX. In parallel, He assumed the role of CEO of Tesla in 2008, of which he is also the main shareholder.
In addition to SpaceX, Musk founded other companies such as and Neuralink. In 2022, it acquired what was then Twitter, now X, for US$44 billion.
Over the years, Musk has had public disagreements with regulators, investors, journalists and media outlets, often through social media.
In 2025, Musk was in charge of DOGE (Department of Government Efficiency) of the government of the President of the United States, Donald Trump (Republican Party). The businessman also contributed financially to the campaign that brought Trump back to the White House and acted as a consultant for the initiative.
Subsequently, the relationship between Musk and Trump was marked over public policies and government spending, resulting in a public dispute between the 2.
In the same period, Tesla recorded a drop in sales in some international markets and was the target of protests and boycott campaigns by consumers.
