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SpaceX IPO Could Make Elon Musk the First Trillionaire. Elon Musk’s SpaceX has officially filed to go public in the United States, in what could become the biggest IPO in Wall Street history. The company plans to trade under the ticker symbol “SPCX” and is currently valued at around $1.25 trillion. Because Musk owns a major stake in the company, analysts say the listing could push his personal fortune beyond the $1 trillion mark — making him the world’s first trillionaire. The filing also revealed rare details about SpaceX’s finances. Last year, the company generated nearly $19 billion in revenue but still reported billions in losses and more than $60 billion in debt. SpaceX warned investors about growing legal risks tied to copyright claims, data breaches, and lawsuits involving xAI’s chatbot Grok. Meanwhile, the company confirmed a major AI partnership with Anthropic, while competition with OpenAI continues to intensify. Despite controversy surrounding Musk, SpaceX and Starlink remain dominant forces in the global space industry.
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