SpaceX Hits Nasdaq at $150, Musk Becomes First Trillionaire

SpaceX just landed on the Nasdaq — and the numbers are absurd.

Shares priced at $135 but opened at $150, immediately rocketing the company's market cap to roughly $1.9 trillion at the offering price. Trading pushed the valuation north of $2 trillion as investors piled in on day one.

The IPO also crossed a milestone nobody else has reached: Elon Musk is now the world's first trillionaire. His massive stake in SpaceX, combined with his other holdings, finally tipped the scales past the thirteen-digit mark.

SpaceX has been the most anticipated public listing in years. The rocket and satellite company chose the Nasdaq for its debut, joining the exchange's roster of mega-cap tech names.

At $2 trillion-plus, SpaceX instantly ranks among the most valuable companies on Earth — no pun intended.