SpaceX’s $85.7B IPO Sparks 20% Share Surge and $1.3T Net Worth
SpaceX raised $85.7 billion in its historic IPO, fueling a 20% share jump in its second trading day and boosting Elon Musk's net worth to $1.3 trillion. Starlink generated over 60% of SpaceX’s 2025 revenue, underscoring the firm’s market-leading position in satellite services.
1. Historic IPO and Fundraising
SpaceX completed an $85.7 billion IPO, including full greenshoe exercise, marking the largest US offering ever and positioning the firm for accelerated capital deployment.
2. Share Performance and Net Worth Impact
Shares jumped 20% in each of their first two trading days, driving Elon Musk’s net worth to a record $1.3 trillion and reflecting strong investor demand.
3. Revenue Breakdown and Investor Cautions
Starlink accounted for over 60% of SpaceX’s 2025 revenue, while investor Steve Westly warned of steep competition in AI from Google, OpenAI and Anthropic that could pressure future gains.
