SpaceX has raised $75 billion in a record-breaking initial public offering, making Elon Musk’s company one of America’s biggest. Last Friday, the rockets, satellites, and AI group made its public market debut, with 555.6 million shares priced at $135 apiece.

SpaceX is the largest IPO ever:

• Far surpassing previous hits: Saudi Aramco (2019), which raised $25.6 billion; Alibaba Group (2014), $21.8 billion; and SoftBank Corp. (2018), $21.3 billion.
• Rewriting the Playbook: SpaceX defied Wall Street norms by enforcing a “take-it-or-leave-it” fixed price from day one.
• With Fast-Track Listing: It used new Nasdaq-100 fast-entry rules to be included in major passive index funds within a month rather than a year.
• And a valuation Spike: The $1.77 trillion public price tag is a massive 61% premium over the $800 billion private valuation from December 2025.

SpaceX’s stock market debut has made Elon Musk the world’s first trillionaire in history and established the company’s market capitalization at $2.10 trillion on day one.

Roughly 4,400 current and former employees will become millionaires on paper. Around 400 workers are poised to exceed $100 million in wealth, ranging from top executives to blue-collar technicians and welders.

Space Exploration Technologies Corporation, doing business as SpaceX, is an American public spaceflight, telecommunications, and artificial intelligence company headquartered at the Starbase development site in Starbase, Texas. It was founded by Elon Musk in 2002 with a vision of decreasing the costs of space launches, paving the way to a self-sustaining colony on Mars. In 2008, SpaceX successfully launched the Falcon 1 rocket into orbit after three failed attempts. Since its founding, the company has made numerous advances in rocket propulsion, reusable launch vehicles, human spaceflight and satellite constellation technology. As of 2026, SpaceX conducts more orbital launches annually than any other launch provider, including private competitors and national programs like the Chinese space program. SpaceX, NASA, and the United States Armed Forces work closely together on governmental contracts. The initial public offering of SpaceX on June 12, 2026 was the largest in history, with a valuation at US$1.77 trillion.

SpaceX’s Finantials:

Elon Musk can now, at least in theory, do a lot with all his money:

• Musk could purchase PayPal with just 4% of a $1 trillion net worth. PayPal is the company created from a merger of Peter Thiel et al.’s Confinity and Elon Musk’s X.com in 2000, and famously sold to eBay for $1.5 billion in October 2002. PayPal is the company whose sale propelled them —The paypal mafia— into the world of wealth and global influence.
• Musk could buy every carmaker in the U.S., Europe, and Japan.
• Musk could have funded 68 2024 U.S. election cycles.
• Musk could fund the NASA budget 41 times over.
• Musk is worth seven Warren Buffetts.
• …
• Add your guess / wish here.

But perhpas the question is: who is this man who wants to make humanity a multi-planetary species with SpaceX?

Let me suggest a Mind The Post exploration avenue. (And thank you to @IvanLiudovik for the clue 😉 )

The Man from Planet X is a 1951 science-fiction movie, directed by Edgar G. Ulmer, one of those wonderfully atmospheric low-budget B-movies from the early UFO era:

• A mysterious rogue planet approaches Earth.
• An alien lands on a fog-shrouded Scottish moor near an observatory.
• Nobody is quite sure whether the visitor is a scout, an ambassador, or the vanguard of an invasion.
• The film wraps everything in dense mist, eerie silence, and a sense of loneliness.

Musk’s fascination with “X” is well documented and predates his recent ventures. He co-founded X.com in 1999, long before acquiring Twitter and renaming it X. He has repeatedly used the letter in projects such as SpaceX, the X brand within xAI, and the broader vision of an “everything app” called X.

Whether all that symbolism is intentional or subconscious is harder to say. Was The Man from Planet X science fiction… or was a message from the stars?

Who knows? But what we do know is that, as the media never tires of repeating, we are living in science-fiction times:

In 1951, the Man from Planet X descended through the fog to bewilder humanity. Seventy-five years later, the richest man on Earth keeps stamping everything with the same letter.

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Featured Image: Elon Musk is The Man From Planet X, ChatGPT