SpaceX debuts, and Elon Musk officially lands status as ‘trillionaire’
IPO valuation of some $1.77 trillion immediately surges

IPO valuation of some $1.77 trillion immediately surges
Shares of SpaceX opened at $150 each on their first day of trading in the company's landmark initial public offering – making founder Elon Musk the world's first trillionaire. Some 555.6 million shares of SpaceX – which operates a rocket, satellite internet and artificial-intelligence businesses – were sold of the in the hotly anticipated IPO
Prominent conservative commentator Tucker Carlson hurled a shock allegation at President Donald Trump on Thursday involving the federal investigation into Thomas Crooks, the man accused of attempting to assassinate the president ahead of the 2024 election.Carlson was interviewed Thursday by Mario Nawal, a Lebanese-Australian entrepreneur and prominent podcast host, during which he claimed that former FBI Deputy Director Dan Bongino had told him last December that the federal probe into Crooks had been “shut down” — and by whom.Carlson said he called and texted Bongino to discuss Crooks' online presence – which Carlson has alleged the FBI lied about by claiming Crooks had "no online footprint," a charge the FBI has denied. After multiple calls, Carlson said Bongino eventually “became hysterical with me on the phone.”“I've known Dan a long time, for many years, and always got along with him. That problem began when I brought this information to his attention and he became a different person — he was clearly terrified,” Carlson said. “I didn't get it at first, but he was hysterical, and ultimately, after a long series of text exchanges – which I still have – and phone conversations, he said 'take it up with Trump, he's the one who shut down the investigation.' That was the moment I realized, 'wow, there's no good explanation for shutting down an investigation into your own attempted murder.' Like, this is not what we've been told it was.”The assassination attempt against Trump has received renewed scrutiny in recent days after newly obtained records revealed that Crooks had exchanged emails with a Butler County Sheriff’s deputy ahead of the incident, a revelation that sent MAGA world into a frenzy. A series of omissions in Crooks’ toxicology report have also sparked renewed scrutiny into the incident, with a number of Trump’s biggest supporters now suggesting the shooting was staged.While Trump has yet to respond to Carlson’s claim, Bongino lashed out at Carlson on Friday with fury, calling the prominent conservative figure a “lying nepo baby.”“He’s like Teddy Ruxpin, you put a coin in his back and he tells you a story,” Bongino said in a statement published on social media, referencing the children’s toy popular in the 1980s and known for reading stories aloud.🚨🇺🇸 A terrified Bongino told Tucker that Trump shut down the Butler investigation himself.Tucker says he accidentally obtained the Thomas Crooks social media posts the FBI claimed didn't exist, then called Kash Patel and Dan Bongino looking for answers.Bongino, a friend of… https://t.co/fP090liFgJ pic.twitter.com/RR08fJ1Ba2— Mario Nawfal (@MarioNawfal) June 12, 2026
The public sale is also expected to make Elon Musk the world's first trillionaire.
The BBC's Samira Hussain explains everything you need to know about SpaceX's historic IPO.
Elon Musk is poised to become the world’s first trillionaire with SpaceX’s highly anticipated stock market debut. The world’s richest person, who is currently worth about $790 billion, is expected to see his wealth top $1 trillion once his spacecraft and satellite communications company goes public Friday. Such a milestone would set Musk’s wealth far…
TRUMP’S VERY PUBLIC INNER DIALOGUE ON IRAN. On Thursday morning, President Donald Trump posted on Truth Social that the United States would attack Iran that evening. “The United States will be hitting Iran … VERY HARD TONIGHT,” Trump wrote. The president added that the U.S. might also take over the critical oil facility on Kharg Island […]
SpaceX made its public stock market debut Friday on Wall Street, making CEO Elon Musk the world’s first trillionaire. Musk is already the world’s richest person. But after his company priced its blockbuster initial public offering at $135 a share and started trading publicly, the move boosted the technology mogul’s fortunes from an estimated $813 […]