Economy
A future SpaceX public listing could potentially push Elon Musk's net worth high enough to make him the world's first trillionaire.
Published On Thu, 21 May 2026
Karan Mehta
6 Views
Elon Musk, already recognized as the richest person in the world, may soon achieve another historic milestone. The billionaire entrepreneur could become the world’s first trillionaire if SpaceX moves ahead with its expected public listing in the coming months. As the largest shareholder in SpaceX, Musk is expected to see a massive jump in his net worth once the company’s shares begin trading publicly. His influence over the aerospace company remains strong because of his ownership structure, which gives him nearly 85% voting control through Class B supervoting shares. These shares carry ten votes each compared to one vote for standard Class A shares.
Founded in 2002, SpaceX has evolved into one of the world’s most ambitious private space companies. Beyond launching rockets and satellites, the company has invested heavily in futuristic projects including Mars colonization plans and AI-powered infrastructure in space. Reports suggest the IPO could launch as early as next month, giving Musk and his team a short window to attract investor interest before the public debut. If successful, the offering could become the largest IPO in history, potentially overtaking Saudi Aramco’s record-breaking 2020 listing that raised $29.4 billion.
Despite the excitement surrounding the listing, regulatory filings have also highlighted some financial concerns. SpaceX disclosed losses of approximately $4.3 billion during the first quarter ending in March, reflecting the enormous costs tied to expansion and technology development.
The company’s merger earlier this year with Musk’s AI startup xAI has further increased spending pressures. The AI business is investing aggressively in large-scale data centers to compete in the rapidly growing artificial intelligence industry. Musk described the merger as the creation of a powerful “innovation engine” that combines AI, space exploration, satellite internet, and media technologies into one ecosystem.
SpaceX also announced a long-term partnership with AI startup Anthropic. Under the agreement, Anthropic will reportedly pay around $1.25 billion per month to access SpaceX’s compute infrastructure and data center capabilities through May 2029. According to SEC filings, SpaceX plans to trade on the Nasdaq stock exchange under the ticker symbol “SPCX.” The IPO is expected to draw massive global attention and will serve as a major test of investor confidence in Musk’s growing business empire, especially at a time when Tesla continues to face increasing market and operational challenges.
Disclaimer: This image is taken from ANI.
