Event Brief
UPDATED Jun 12, 2026 at 3:00 PM ET
Jun 10, 2026 at 4:05 PM ET
SpaceX IPO lifts Musk to paper trillionaire status
By The BriefBrief
SpaceX shares began trading on Nasdaq, rising more than 25% and pushing Elon Musk to a paper trillionaire by market cap.
WHO: SpaceX; Elon Musk
WHAT: SpaceX floated on the Nasdaq stock exchange and shares climbed more than 25% above the opening price.
WHEN: Jun 12, 2026 at 1:30 PM ET
WHERE: USA
WHY: The Nasdaq IPO caused SpaceX’s share price to rise, increasing Musk’s market capitalization.
How this story developed (showing 3 of 3 earlier reports)
Reporting from 20 identified publishers across this event arc.
View all 20 publishers
Publishers represented across this event arc
These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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