Home/News/Elon Musk’s SpaceX IPO Sends Shockwaves Through Markets With $75B Raise
Elon Musk’s SpaceX IPO Sends Shockwaves Through Markets With $75B Raise
Aashia Punjabi
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Aashia Punjabi
Category
World
Read Time
2 min
Date
Jun 12, 2026
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Elon Musk’s SpaceX IPO Sends Shockwaves Through Markets With $75B Raise

June 12, 2026
By: Aashia Punjabi
World
2 min read

Elon Musk’s SpaceX IPO Sends Shockwaves Through Markets With $75B Raise

Elon Musk’s SpaceX has completed the record-setting IPO following the raising of $75 billion in capital, beating the previous record made by Saudi Aramco back in 2019. The market listing is set to make over 4,000 employees, current and former, including those in ordinary jobs such as welding and cafeteria, millionaires; approximately 400 employees will have their shares valued at over $100 million each. On the other hand, SpaceX's rocket venture has been recorded to incur a loss of $657 million despite a total income of $4.1 billion in 2025 due to most of its flights being dedicated to launching SpaceX's own Starlink satellites. In this case, analysts suggest that whereas SpaceX will get its NASA contracts, its profits for long-term visions like building bases on the Moon or colonizing Mars and asteroids will remain years far into the future.

Published: June 12, 2026Updated: June 13, 2026
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