Billionaire Uday Kotak hailed SpaceX's market debut as a true test for capitalism, highlighting its groundbreaking valuation and bold focus on future innovation.
SpaceX IPO raised $75B, valuing the company at $2.1T and making Elon Musk the world's first trillionaire. The capital funds space-based infrastructure—satellites, orbital data centers—signaling that institutional investors now bet on off-planet computing as strategic infrastructure.
The successful listing also made Elon Musk the world's first trillionaire
Jun 14, 2026
03:50 pm
What's the storyBillionaire banker Uday Kotak has weighed in on the historic stock market debut of SpaceX, calling it a "true test for capitalism."
His remarks come as the world watches with bated breath how this unprecedented event will shape the future of space exploration and investment.
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