Bret Johnsen, SpaceX chief financial officer, centre, and Gwynne Shotwell (centre right), SpaceX President and chief operating officer, celebrate with SpaceX employees at the Nasdaq MarketSite in New York on June 12, 2026.
Shares in Elon Musk's SpaceX jumped as much as 30 percent on their trading debut after the biggest IPO in history, making the polarising entrepreneur the world's first trillionaire as he vowed to take humanity to Mars.
The blockbuster initial public offering, which raised more than US$75 billion (NZ$128.5b), is expected to kick off a series of major IPOs by AI companies in the coming months.
The debut on the Nasdaq exchange in New York capped weeks of investor frenzy over the rocket company turned AI and satellite conglomerate.
SpaceX CEO Elon Musk, displayed on a screen remotely from SpaceX headquarters in Starbase, Texas, speaks before the launch of SpaceX's initial public offering.
