SpaceX IPO brings Starship to NYC | Space photo of the day for June 16, 2026

Elon Musk, founder of SpaceX, on screen during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York City on Friday, June 12, 2026. (Image credit: Adam Gray/Bloomberg via Getty Images) For better or for worse, the world has its first trillionaire: Elon Musk. On Friday (June 12), Musk's rocket company SpaceX made its debut on the Nasdaq, marking the largest IPO in history . With a staggering $1.78 trillion dollar valuation , it made Musk the first-ever trillionaire during the first 20 minutes or so of trading. And to mark the occasion, SpaceX's giant Starship rocket was broadcast on the side of a skyscraper in New York City. On another skyscraper just to the left, Musk himself was featured. What is it? SpaceX's tremendous IPO started trading at around $150 a share on opening day, ultimately closing that same day at $160.95 a share. It has since been a big topic of discussion among financial experts and amateur traders alike. The 19.2% gain that SpaceX's stock (trading under the ticker symbol SPCX) experienced on opening day took the company to a $2.1 trillion market capitalization, according to Yahoo Finance. SpaceX, however, isn't alone in getting past a trillion in market cap this year. Also according to Yahoo Finance, Walmart (WMT) did the same on Feb. 3, as did Micron Technology (MU) on May 26. Meanwhile, Apple (AAPL) was the first company ever to top a trillion in market cap, doing so in August of 2018. …