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SpaceX IPO values company at $1.78T, doubling Bitcoin's market cap and boosting Elon Musk's net worth.

Market News
12 Jun 2026
UToday
View Source
Bullish
pluang ai news

SpaceX completed the largest IPO in history, raising $75 billion and valuing the company at $1.78 trillion, twice the market cap of Bitcoin. The IPO was highly oversubscribed, reflecting strong investor demand. This milestone significantly increased Elon Musk's net worth to around $1.1 trillion, making him one of the wealthiest individuals globally. SpaceX now ranks as the 9th most valuable asset worldwide, surpassing Bitcoin's position in the market.

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