Colonies on Mars. Data centers for artificial intelligence in orbit. SpaceX is preparing to open its space world to thousands of investors who want a slice of the company. Demand for its shares is record-breaking: orders from retail investors, Bloomberg reports, have reached over $70 billion, while 1,000 institutional investors have come forward to stake their stake in the unprecedented initial public offering.
According to the Wall Street Journal, orders worth at least 5 billion came from BlackRock alone.
The SpaceX IPO not only has the potential to consolidate Elon Musk's wealth but will also make 4,400 of his employees millionaires, 400 of whom will earn more than $100 billion thanks to the shares they received as compensation. This marks a new historic milestone for Musk and, above all, a precious birthday present. On June 28, the Tesla founder will blow out his first 55 candles, and he could do so as the first "trillionaire" in history. With the IPO, Musk aims to raise $75 billion at a valuation of his SpaceX company of $1.77 trillion. Excitement is high as the official green light for trading is awaited, although some analysts are urging calm, noting how many other companies have launched on Wall Street amid great fanfare only to see half their value go up in smoke in the following weeks.
Musk's space giant, they also note, has already seen its valuation explode 2,000% in recent years, accelerating. Despite calls to temper the euphoria, Musk's supporters firmly believe in their idol and in the company's capabilities, which in its 20 years away from the spotlight has demonstrated its ability to grow at unprecedented rates. " Musk is a superstar, like it or not. Whatever he touches, works," say the billionaire's fans, recalling the Cassandras who criticized him when he launched Tesla. Musk fought and ultimately prevailed, revolutionizing the automotive industry and forcing the sector's giants to bet on electric vehicles. Now, Tesla is going through a more difficult period, amid growing competition and a sales boycott following Musk's role in the Trump administration. The Musk factor is also essential for SpaceX. The company reported losses of $4.9 billion in 2025, but banks are telling potential investors that it could reach revenues of $3.4 trillion by 2040. A dream that for Musk's people is within reach.
