Reports said SpaceX’s Nasdaq debut raised $75 billion, valued the company at about $2.1 trillion to $2.2 trillion, and helped push Elon Musk’s net worth above $1 trillion alongside Tesla’s roughly $1.526 trillion valuation.
SpaceX and Tesla were reported at a combined valuation of about $3.63 trillion after SpaceX’s market debut, with SpaceX valued at roughly $2.104 trillion to $2.2 trillion and Tesla at about $1.526 trillion. Reports described the SpaceX offering as a $75 billion Nasdaq IPO priced at $135 a share, with the stock opening at $150, reaching $176.50 intraday and closing at $161. One report said the debut lifted Elon Musk’s net worth to $1.11 trillion on the Bloomberg Billionaires Index, while another said underwriters collected a reported $500 million fee.