SpaceX IPO: Trillionaire Musk & Market Divide

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(SeaPRwire) –   By: Oliver Hawthorne
SpaceX’s Nasdaq debut is a spectacle. Opened 30% above $135 IPO price. Valuation hits $2.29T. IPO rakes in $75B,史上最大. Elon Musk becomes first trillionaire. But not all rosy—2025 net loss $4.94B.
SpaceX lists on Nasdaq. Stock opens near $175. IPO funds $75B, trouncing Saudi Aramco’s 2019 $26B. Musk rings bell from Starbase. Retail demand over $100B, BlackRock drops $5B.
Bulls see AI giant. Bears cry overvaluation. Morningstar values it low. Musk holds 80-85% voting rights. S&P 500 no fast-track. But Nasdaq eases index fund rules. Starlink in 164 countries, 60% of 2025 revenue. Merger with xAI. Analysts split on targets.
Author bio: Oliver Hawthorne, Principal Correspondent at an int’l tech review, tracks market shifts closely.