Elon Musk Tops $1.1 Trillion Wealth as SpaceX IPO Raises $75 Billion
TSLA•SpaceX sold 555.6 million shares at $135 apiece in its IPO, raising $75 billion and valuing the company at $1.77 trillion. Elon Musk’s 82.4% stake in SpaceX boosts his net worth past $1.1 trillion, with his SpaceX holding alone worth about $866 billion.
1. IPO Proceeds And Valuation
SpaceX priced 555.6 million shares at $135 each, generating $75 billion in proceeds and debuting on Nasdaq at a $1.77 trillion valuation.
2. Elon Musk’s Net Worth Milestone
Musk’s 82.4% voting stake in SpaceX is valued at approximately $866 billion, pushing his combined net worth past $1.1 trillion and making him the first individual to cross that threshold.
3. Financial Performance And Governance
SpaceX’s 2025 revenue reached $18.67 billion, up 33% year-over-year, while the company recorded a $4.94 billion net loss and cumulative losses of $8.7 billion from January 2025 through March 2026; Musk controls 82.4% of voting power under a 366-day lockup.
