SpaceX's Record IPO Makes Elon Musk the World's First Trillionaire
Elon Musk became the world's first trillionaire after SpaceX's record-breaking IPO on June 12, 2026. Shares surged nearly 20% on debut, valuing the company above $2.1 trillion Source: Bloomberg. The IPO raised $75 billion, the largest in history, and made over 4,000 employees millionaires Source: El Mundo.
Record IPO
SpaceX offered 555.6 million shares at $135, opening at $150 and closing at $161.11 Source: ABC. Musk controls 42% of the company, worth over $800 billion, plus his Tesla stake Source: El Mundo. The demand outstripped supply fourfold, with $350 billion in orders Source: La Republica.
Monopoly and Sovereignty Concerns
A Cambridge University study compared SpaceX's dominance to the East India Company, noting it launches nearly 80% of global payload and 94% within the US Source: La Vanguardia. Researchers argue this concentration erodes state sovereignty, as governments depend on a private firm for critical infrastructure.
Wealth Inequality Backlash
The milestone sparked criticism. Senator Bernie Sanders called Musk "the most powerful person on Earth" and a "moral tragedy" Source: La Voz. Senator Elizabeth Warren renewed calls for a wealth tax Source: La Republica. Meanwhile, Musk continues to use his platform X to amplify far-right narratives, raising concerns about algorithmic manipulation Source: La Vanguardia.
Sources
8 quotes“Musk controla un 42% en el grupo aeroespacial y de telecomunicaciones, valorado ahora en más de 800.000 millones de dólares”
“SpaceX colocó 555,6 millones de acciones a 135 dólares cada una y recaudó 75.000 millones de dólares”
“Su fortuna ascendió a la antes inimaginable cifra de casi USD 1,05 billones”
“el control de la firma de Elon Musk... representa una concentración de poder que 'carece casi de precedentes en los últimos cuatro siglos'”
“El senador Bernie Sanders calificó la situación como 'una tragedia moral'”
“La oferta pública inicial generó una demanda de más de US$350.000 millones”
“SpaceX ya es la séptima empresa más valiosa del mundo”
“La red X se ha dedicado a difundir bulos o transmitir mensajes de odio”