SpaceX has finally made the contents of its IPO filing public, weeks ahead of what is expected to be the largest IPO ever and one that will make Musk the CEO, CTO, and chairman of the board.
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The richest man on the planet has launched the world's biggest IPO ever. After the pricing of the SpaceX IPO was finalized yesterday, shares of the rocket-and-AI giant were traded on the NASDAQ for the first time today. The company's total valuation stands at the expected $1.75 trillion, with the roughly 550 million newly issued shares representing a value of $75 billion at the offering price ($135 per share). Shares opened approximately 11% higher on the first day of trading, touching $150. These ingredients make for the biggest IPO of all time. And for the greatest wealth in the hands of a single person: Elon Musk is, on paper at least, the first trillionaire in world history.
Sensemaker on Twitter / X
Yes—the option was deliberately built to bridge the IPO.Before SpaceX was public, it locked Cursor at a fixed $60B equity value. After the IPO, the public market—not the $135 offer price—would determine how many SpaceX shares Cursor received at closing. pic.twitter.com/d576v1hA12— Sensemaker (@sensemaker_ai) July 21, 2026
SpaceX cuts a deal to maybe buy Cursor for $60 billion
With a SpaceX IPO around the corner.
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DogeDesigner on Twitter / X
BREAKING: SpaceX is acquiring Cursor in a $60 billion all-stock deal.• Cursor is being valued at $60 billion• Cursor will become a wholly owned SpaceX subsidiary• Cursor shareholders will receive SpaceX Class A shares• The exchange ratio will be based on SpaceX’s 7-day… pic.twitter.com/pAIHBieOf8— DogeDesigner (@cb_doge) June 16, 2026
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Space Exploration Technologies Corp. Announces Closing of Initial Public Offering, Including Full Exercise of Underwriters’ Option to Purchase Additional Shares
STARBASE, Texas Space Exploration Technologies Corp. (SpaceX) today announced the closing of its initial public offering of an aggregate 638,888,888 shares of its Class A common stock, including the full exercise by the underwriters of their overallotment option to purchase an additional 83,333,333 shares of Class A common stock from SpaceX. The issuance of all shares closed on June 15, 2026, bringing the gross proceeds from the initial public offering to Spa
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