SpaceX Elona Muska debuted on the stock market with a bump. The American company carried out the largest IPO (access to the stock exchange) in history, obtaining around $75 billion. The stock grew strongly from the beginning, and the company's capitalization quickly approached the level $2 trillion..
Thanks to the spectacular debut Elon Musk officially became The world's first billionaire. His wealth has crossed $1 trillion, mainly thanks to SpaceX participations.
Record debut
SpaceX went public with great momentum. The investors have been throwing themselves into the company's shares since the first minutes, which has translated into a dynamic increase in quotations. According to preliminary data, the company's capitalization at the time of its debut and immediately after it reached the level of around $2 trillion.Which makes SpaceX one of the most valuable companies in the world.
For comparison – previous record IPOs (such as Saudi Aramco or Alibaba) were significantly smaller.
Musk the billionaire
Elon Musk, who owns the majority of SpaceX shares, as a result of the IPO significantly increased his assets. For the first time in history, one man crossed the magic line $1 trillion property. Analysts emphasize that it is primarily the success of SpaceX – a company that has grown dynamically in the space sector, Starlink and manned flights in recent years.
Musk is already the richest man in the world thanks to his participation in Tesla, but it was SpaceX that allowed him to reach the historic trillion dollar threshold.
What's next?
The market is now enthusiastic about the SpaceX debut. Analysts, however, point out that such a large capitalisation also means huge expectations for the company in subsequent quarters.
At this point, it all points to the fact that SpaceX's debut will go into history not only as the biggest IPO, but also as the moment when Elon Musk became the world's first billionaire.
