SpaceX IPO at $135 Could Push Musk’s Wealth to $1.11 Trillion
TSLA•Elon Musk’s net worth would reach $1.11 trillion if SpaceX’s IPO values the company at $1.77 trillion, adding $841 billion to his existing $273 billion Tesla stake. The IPO is pricing shares at $135, and investors are advised to sell covered calls to generate income and protect against market corrections.
1. Musk’s Net Worth Surge
Tesla CEO Elon Musk currently holds $273 billion in stock and options. If SpaceX’s IPO values the company at $1.77 trillion and he sells shares at $135 each, he would net an additional $841 billion, bringing his total paper wealth to $1.11 trillion.
2. SpaceX IPO Pricing
SpaceX has set its IPO share price at $135, valuing the company at $1.77 trillion based on outstanding shares. Musk is expected to own nearly half of the public float, underscoring investor demand for his rocket and AI ventures.
3. Covered Calls Strategy
Given stretched market valuations and potential corrections, investors are advised to sell covered calls on tech holdings. This strategy can generate immediate income from premiums while maintaining downside protection if stocks pull back.
