SpaceX IPO raises $85.7 billion, valuation exceeds $2 trillion
Story essentials
SpaceX, Elon Musk
United States
June 12, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 16/15/2026, 4:10:26 PM
SpaceX's IPO raised $85.7 billion after underwriters exercised options. The company plans to use funds to pay off debt related to X and xAI, and expand AI and launch infrastructure. Elon Musk became the world's first trillionaire following the market debut.
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