SpaceX Goes Public in Historic IPO as Elon Musk Hits Trillionaire Status

SpaceX has made its long-awaited debut on the Nasdaq stock exchange in what is being described as the largest Initial Public Offering in history.

The listing has pushed founder Elon Musk's wealth to unprecedented levels, making him the world's first trillionaire according to market estimates.

The company is seeking to raise tens of billions of dollars while achieving a valuation of more than $1.7 trillion.

Despite its dominant position in commercial space launches, satellite internet through Starlink, and growing investments in artificial intelligence, newly disclosed financial records show SpaceX continues to post significant losses.

Supporters argue investors are betting on future growth, while critics question whether the company's valuation accurately reflects its current financial performance.

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