After completing the largest IPO ever, the company surged on its first day of trading, pushing its market value above $2 trillion and instantly becoming the seven-largest publicly traded company in the world. Shares opened above their IPO price and continued climbing throughout the session as investors rushed into the stock.

At one point, SpaceX’s valuation reached roughly $2.3 trillion, placing it ahead of several corporate giants and within striking distance of some of the world’s most valuable technology companies. The rally also helped push Elon Musk’s net worth above $1 trillion, making him the world’s first trillionaire.

The IPO itself was unprecedented. SpaceX raised $75 billion at $135 per share, easily surpassing previous IPO records and drawing enormous demand from both institutional and retail investors. Reports suggest investor interest far exceeded the number of shares available.

What makes the move remarkable is that investors are not only buying a rocket company.

Many see SpaceX as a long-term bet on multiple growth themes at once:

• Starlink satellite internet
• Artificial intelligence infrastructure
• Orbital computing
• Future space transportation

Those expectations have helped justify one of the richest valuations ever assigned to a newly public company.

The excitement is already spilling into other products. Reports indicate a 2x leveraged ETF tied to SpaceX shares is being prepared under the ticker SPCH, showing just how quickly Wall Street is moving to capitalize on investor demand.

Still, not everyone is convinced. Some analysts have warned that SpaceX now trades at valuation levels that assume years of successful execution across AI, satellite communications, and space infrastructure. The company generated roughly $18.7 billion in revenue last year but remains heavily focused on growth and investment.

For now, however, investors appear focused on the opportunity rather than the risks. A few weeks ago, SpaceX was the world’s most valuable private company.

Today, it is one of the world’s most valuable public companies. And after just one trading session, it has already become one of the biggest stories in financial markets this year.

Related: Elon Musk Becomes the World’s First Trillionaire. What Does It Actually Mean?

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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The Elon Musk-led company priced its IPO at $135 per share, selling 555.6 million shares and securing a valuation of approximately $1.77 trillion. The listing will see SpaceX begin trading on the Nasdaq under the ticker SPCX.

The historic offering easily surpasses previous IPO records and marks one of the biggest milestones for global equity markets in recent years. SpaceX will debut as one of the largest publicly traded companies in the US, despite still operating at a loss as it continues investing heavily in rockets, satellite communications, and AI infrastructure.

Unlike a traditional IPO, SpaceX broke with Wall Street convention by announcing its final offering price well before completing the usual book-building process. The unconventional approach reflected Musk’s confidence in investor demand and the company’s ability to attract capital on its own terms.

The company plans to use the proceeds to accelerate several long-term projects, including:

• Starship, its next-generation reusable rocket.
• Starlink, the world’s largest satellite internet network.
• Orbital AI computing infrastructure, a key part of SpaceX’s long-term growth strategy.
• Future missions aimed at expanding commercial space operations.

The IPO also arrives as investor appetite for AI and next-generation technology companies continues to strengthen. SpaceX has positioned itself not only as a space company but also as an emerging AI infrastructure provider, with plans to build orbital computing networks that could support future artificial intelligence workloads.

For investors, the listing represents more than just a landmark IPO. It signals that capital markets remain willing to back companies making massive long-term investments in AI, space technology, and digital infrastructure, even before those projects generate significant profits.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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Oil prices moved higher again, inflation concerns expanded beyond energy, and the AI investment wave pushed another group of companies into the spotlight.

The biggest theme remained the same: AI infrastructure continues driving capital, IPO activity, and market leadership.

AI IPO Market Starts Heating Up

The strongest excitement came from new listings tied to AI. Cerebras Systems became one of the biggest stories after its IPO drew exceptional demand and shares surged sharply after debut.

The company benefited from its position inside the AI infrastructure chain, where investors continue looking beyond traditional chip names.

The AI rally is also expanding outside technology. A more recent example came from Fervo, a geothermal energy company whose model includes supplying power directly to data centres. The stock jumped after its debut, showing how AI demand is increasingly affecting energy and infrastructure.

The trend now reaches:

• Chips and AI hardware
• Power generation
• Data centers
• Utilities and energy suppliers

Inflation Risks Move Beyond Gas Prices

Oil remained another major story. The ongoing Strait of Hormuz tensions kept energy prices elevated, while analysts started warning that inflation pressure may be spreading into other parts of the economy.

The concern is no longer only fuel. Markets are watching whether higher energy costs begin affecting:

• Consumer spending
• Business costs
• Broader inflation measures

That could keep pressure on bonds and rate expectations.

Tech Rally Creates Bigger Winners and Losers

Not every technology stock is participating equally. 2026 has produced one of the widest gaps in returns inside the sector. Some AI-linked names posted triple-digit gains, while others remain in negative territory.

At the same time, even companies with strong competitive positions have struggled. This created an unusual situation where some traditional wide-moat stocks underperformed despite the broader market rally.

Investors Start Looking Beyond Momentum

Another trend quietly developing is rotation. Some managers who bought during earlier tech weakness are now gradually shifting attention toward:

• Undervalued blue-chip names
• Long-term compounders
• Select value opportunities

The AI trade remains alive. But markets are becoming more selective. The next stage may depend less on owning every AI stock and more on finding the right part of the ecosystem.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Related: AI Is Driving Markets High, But Pressure on Consumers Is Growing

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While Big Tech earnings kept supporting the AI trade, higher oil prices linked to the Iran conflict pushed energy stocks to the top of the market. The result was a week where investors had to balance growth optimism with inflation concerns.

AI “Picks and Shovels” Trade Keeps Expanding

One of the clearest themes from earnings season was that the AI buildout is spreading beyond software and chips. Companies connected to the infrastructure layer reported stronger demand from data centers and hyperscalers.

Names benefiting included: Corning, Texas Instruments, NextEra Energy

Spending from giants like Microsoft and Meta Platforms continues flowing into AI infrastructure, keeping the broader investment cycle alive.

The trend suggests AI is increasingly becoming an energy, utility, and industrial story, not only a technology story.

Energy Becomes Market Leader

At the same time, energy stocks gained as the Iran situation kept oil prices elevated. Higher crude prices helped the sector outperform even as broader markets remained focused on AI.

Interestingly, some investors continue finding opportunities in energy despite the rally, while sustainable strategies have held up better than expected.

Rate Cuts Fade as Inflation Risks Rise

Another major shift came from the Federal Reserve outlook. Rising energy prices and inflation concerns pushed expectations for rate cuts further out.

Markets increasingly believe:

• Rate cuts in 2026 may stay off the table
• Attention could shift toward 2027 easing instead

This comes as the economy faces what some analysts describe as a “whiplash economy,” where markets move from one shock to another.

OpenAI IPO Questions Return

The AI story also saw fresh uncertainty. Reports that OpenAI missed several revenue targets raised new questions around a possible IPO timeline.

Investors are now watching:

• Revenue quality
• AI spending sustainability
• Relationship changes with Microsoft
• Whether OpenAI can support a public-market valuation

The company remains central to the AI trade, but expectations continue rising. Markets are still moving with AI. The difference now is that the story is getting wider.

Chips, power, utilities, energy, bonds, and even IPO markets are increasingly becoming part of the same AI cycle.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Related: AI Boom Is Splitting Tech in Two: Chip Stocks Surge While Software Faces Pressure

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SpaceX is moving closer to its long-awaited IPO, with reports suggesting the company could be valued at up to $2 trillion, making it one of the largest public listings in history.

The company’s confidential filing is expected to become public around mid-May, as investors begin to assess what could be a defining moment for tech markets.

A massive bet on the future

At the center of the story is scale. SpaceX reportedly sees itself operating in a $28.5 trillion total addressable market, a number far larger than entire industries like the global auto market.

A big part of that vision is not just rockets or satellites, but something bigger: AI in space.

The company is exploring plans to build AI data centers in orbit, positioning itself as a future competitor to major cloud players.

A historic IPO wave forming

SpaceX is not alone. Alongside companies like OpenAI and Anthropic, it is part of what analysts are calling the largest IPO wave in history, potentially adding $3 trillion in value to markets.

But there is a catch. Despite massive valuations, these companies are still not consistently profitable, raising questions about how much investors are willing to pay for future growth.

Musk’s stake could soar

The IPO could also reshape Elon Musk’s wealth.

• Incentive plans could award him tens of millions of shares
• His holdings could be worth hundreds of billions if targets are met
• A valuation above roughly $1.75 trillion could make him a trillionaire

At the same time, SpaceX is expected to use a dual-class share structure, allowing Musk to retain strong control over the company.

This IPO is about more than SpaceX. It’s a test of how far investors are willing to go in valuing the future of AI, space, and high-growth tech.

If successful, it could open the door for a new wave of mega listings. If not, it may force markets to rethink how they price companies with huge ambitions but limited profits today.

Related: SpaceX Pre-IPO Rush Grows — But Access Comes With Risks

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As SpaceX moves closer to what could be the largest IPO in history, demand from investors is surging. The company is expected to go public as early as June, with a valuation that could reach $1.75 trillion or more

But for those trying to get in early, the reality is far from simple.

How investors are buying before the IPO

There are a few main ways to gain exposure before the listing:

• Private secondary markets
  Investors can buy shares from existing holders like employees or early investors. These deals are active but limited, with demand often exceeding supply
• Funds and special vehicles (SPVs)
  Some investors gain indirect exposure through funds that already hold SpaceX shares
• Public funds and ETFs
  Certain mutual funds and ETFs include SpaceX in their portfolios, offering easier but indirect access

Barriers are high for most investors

Despite strong interest, access is restricted.

• Investors typically must be accredited
• Minimum investments can reach $50,000–$100,000+
• Fees can be significant, reducing returns

Even when shares are purchased, there are limitations. Pre-IPO shares are usually locked up for 90 to 180 days after listing, meaning investors cannot sell immediately

Demand is surging ahead of listing

Private market activity has picked up sharply. SpaceX is now one of the most actively traded private companies, with strong demand driven by:

• Its dominant position in space launches and satellites
• Growth from Starlink internet services
• Expansion into AI through xAI

Still, experts warn that popularity alone is not enough. “A great company is not always a great stock,” one analyst noted, pointing to valuation risks

The opportunity to invest in SpaceX before its IPO exists, but it comes with trade-offs:

• Limited access
• High costs and fees
• Liquidity restrictions

For most investors, the simpler option may be to wait for the public listing, where access will be broader and pricing clearer. Until then, the pre-IPO market remains a space for wealthy, high-risk investors betting early on one of the world’s most valuable private companies.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Related: SpaceX files confidentially for IPO, targeting June listing

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Under the proposed deal, shares of xAI would be exchanged for SpaceX stock, effectively bringing Elon Musk’s key ventures, including rockets, Starlink satellites, the X social media platform, and the Grok AI chatbot, under a single corporate structure. Two entities established in Nevada earlier this month are said to be linked to facilitating the transaction, though the exact terms, valuation, and timing remain unclear.

The talks would support Elon Musk’s broader ambition to expand artificial intelligence infrastructure into space. Musk has said that space-based, solar-powered data centres could sharply reduce the cost of running and training AI models within a few years. Folding xAI into SpaceX could also strengthen the group’s position in securing defence and government contracts tied to AI and satellite technology.

SpaceX was last valued at around $800 billion in a recent insider share sale, while xAI was valued at about $230 billion in November. Reuters has previously reported that SpaceX is preparing for an IPO that could value the company at over $1 trillion.

Neither SpaceX nor xAI commented on the reported discussions.

The potential merger would mark another major consolidation of Musk-controlled businesses, signalling a tighter integration of space, AI, and defence ambitions ahead of a highly anticipated SpaceX IPO.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Related: Elon Musk Tops $600 Billion as Tesla Soars and SpaceX Eyes IPO

The post SpaceX in Merger Talks With xAI Ahead of Potential IPO first appeared on Finblog.

That would push Musk’s total fortune close to $952 billion, up from his current $460 billion, putting him within reach of becoming the world’s first trillionaire.

The potential listing would make SpaceX one of the largest IPOs in history, nearly matching Saudi Aramco’s $1.7 trillion debut in 2019. SpaceX, headquartered in Starbase, Texas, is expected to bring in about $15 billion in annual revenue, far less than Aramco’s $360 billion before its listing — but its growth trajectory and dominance in rocket launches and satellite internet (Starlink) have fueled massive investor enthusiasm.

Musk’s journey to a trillion-dollar net worth also runs through Tesla, where his record pay package is tied to ambitious targets, including an $8.5 trillion market value and $400 billion in annual adjusted earnings, up from under $13 billion last year.

Meanwhile, SpaceX continues to expand rapidly. The company is reportedly arranging a $2 billion employee stock sale valuing it at over $800 billion, which could add another $180 billion to Musk’s net worth before any IPO.

Beyond SpaceX and Tesla, Musk’s other ventures, including xAI (valued at roughly $230 billion), Neuralink ($9 billion), and The Boring Company ($7 billion), also strengthen his financial empire.

If the SpaceX IPO proceeds as expected, it would mark a defining moment for Musk’s wealth and the global space economy, making him the closest anyone has ever come to achieving a trillion-dollar personal fortune.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Related: Fed Powell Cuts Again: Here is why

The post Elon Musk Could Become the World’s First Trillionaire first appeared on Finblog.

Discussions with major banks are already underway, with a potential launch date between June and July 2026. SpaceX plans to use proceeds to develop space-based data centres and invest in advanced chip infrastructure for its growing satellite operations.

Musk had previously said a public listing would only come once Starlink’s revenue became “smooth and predictable.” The satellite unit now drives most of SpaceX’s revenue, projected to climb from $15 billion in 2025 to $22–24 billion in 2026, according to Bloomberg.

If successful, the IPO would rival Saudi Aramco’s $1.7 trillion debut in 2019, marking a new milestone in global markets. Despite Musk’s recent dismissal of secondary sale reports valuing SpaceX at $800 billion, the company remains the most valuable private firm in the world, competing head-to-head with OpenAI.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

The post SpaceX Eyes 2026 IPO Valued Above $1 Trillion first appeared on Finblog.

The company announced a token sales platform that will let users buy digital tokens before they list on exchanges — the first time since 2018 that US investors can take part in public token offerings.

Each sale will run for a one-week window, with allocations decided by an algorithm to keep things fair. Buyers will use USD Coin (USDC), and only verified Coinbase users can participate.

The first launch will feature Monad, a blockchain startup offering its token next week. Coinbase says the goal is to help projects reach real users while avoiding 2017-style speculation. To avoid 2017-style “dump and run,” early sellers get reduced future allocations, and project teams can’t sell for 6 months.

$COIN shares rose about 4% on the news, as investors saw it as a smart move to diversify revenue and revive retail excitement in crypto.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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