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SpaceX IPO closes up 19% and delivers the world’s first trillionaire

TechCrunch·June 12, 2026

SpaceX made a successful debut on the stock market, with its initial public offering closing 19% higher than its initial price of $135. The company's strong performance has generated significant attention and wealth. As a result, the world's first trillionaire has been created, marking a historic milestone in the business world. SpaceX's impressive IPO has set a new standard for tech companies and entrepreneurs alike.

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