SPACEX MAKES HISTORY WITH WORLD’S LARGEST IPO EVER, MUSK BECOMES EARTH’S FIRST TRILLIONAIRE Elon Musk is now worth more than any human being in recorded history. SpaceX priced its initial public offering at $135 per share Thursday night, raising $75 billion in what became the largest IPO ever completed. On its first day of trading Friday on Nasdaq under the ticker SPCX, the stock jumped 19 percent to close at $160.95. The combined effect pushed Musk’s net worth past one trillion dollars for the first time. The $75 billion raised shatters every previous record and values SpaceX at a scale few companies have ever reached. SpaceX is not a pure AI company, but its footprint inside the AI economy runs deep. Starlink provides critical compute infrastructure for AI workloads. Google recently agreed to pay SpaceX $920 million per month for compute access alone. The company’s Grok AI subsidiary is embedded in the broader Musk technology portfolio. The SpaceX listing is widely expected to be the first in a wave of massive AI-adjacent IPOs. Anthropic, freshly valued near one trillion dollars in private markets, is preparing to go public. OpenAI filed confidentially for its own offering this week. The message from Friday’s market is unambiguous: institutional investors are willing to pay extraordinary prices for companies positioned at the center of the AI economy and the infrastructure that powers it. For Musk personally, this is the vindication of a decade-long bet on reusable rockets and satellite internet. That it made him the world’s first trillionaire in the same week that the U.S. government pulled the plug on his competitor Anthropic’s most powerful models is a coincidence that requires no embellishment.