SpaceX is now a public company valued for its AI potential, so what comes next?
Space Exploration Technologies, better known simply as SpaceX, became a publicly traded company on Friday nearly a quarter of a century after it was founded. The company began trading on the Nasdaq exchange in New York City at $135 a share, valuing SpaceX at nearly $1.8 trillion. By the end of the trading day the company's shares were selling at $160.95, a respectable increase of more than 19 percent. On paper, SpaceX founder Elon Musk became the world's first trillionaire, with his personal stake in the company valued at more than $700 billion. Because of the company's stock options plan, thousands of current and former employees became overnight millionaires . Employees at SpaceX have worked remarkably hard over the last 24 years, and now they will be richly compensated for having done so. Read full article Comments
- alleges — SpaceX is now a public company valued for its AI potential, so what comes next? (witness: wire-ingest; citation: https://arstechnica.com/space/2026/06/spacex-is-now-a-public-company-valued-for-its-ai-potential-so-what-comes-next/; status: supported)
- alleges — url: https://arstechnica.com/space/2026/06/spacex-is-now-a-public-company-valued-for-its-ai-potential-so-what-comes-next/ (witness: wire-ingest; citation: https://arstechnica.com/space/2026/06/spacex-is-now-a-public-company-valued-for-its-ai-potential-so-what-comes-next/; status: supported)
- alleges — summary: Space Exploration Technologies, better known simply as SpaceX, became a publicly traded company on Friday nearly a quarter of a century after it was founded. The company began trading on the Nasdaq exchange in New York City at $135 a share, valuing SpaceX at nearly $1.8 trillion. By the end of the trading day the company's shares were selling at $160.95, a respectable increase of more than 19 percent. On paper, SpaceX founder Elon Musk became the world's first trillionaire, with his personal stake in the company valued at more than $700 billion. Because of the company's stock options plan, thousands of current and former employees became overnight millionaires . Employees at SpaceX have worked remarkably hard over the last 24 years, and now they will be richly compensated for having done so. Read full article Comments (witness: wire-ingest; citation: https://arstechnica.com/space/2026/06/spacex-is-now-a-public-company-valued-for-its-ai-potential-so-what-comes-next/; status: supported)
- alleges — published: Fri, 12 Jun 2026 22:20:06 +0000 (witness: wire-ingest; citation: https://arstechnica.com/space/2026/06/spacex-is-now-a-public-company-valued-for-its-ai-potential-so-what-comes-next/; status: supported)