Science6/12/2026•The Guardian

Share your views on SpaceX’s stock market debut

Share your views on SpaceX’s stock market debut

Americans’ financial futures are about to be tied to the fortunes of Elon Musk with the world’s largest ever stock market debut. How do you feel about this? Elon Musk’s SpaceX made the world’s largest ever stock market debut on Friday at a valuation of $1.77tn. It was also set to turn Musk into the world’s first-ever trillionaire. OpenAI and Anthropic have also filed to go public sometime this year, each at valuations near $1tn. In a dramatic first, the US stock market is poised to be heavily oriented towards AI companies. Millions of Americans are about to be unwitting investors in these behemoths. Musk has pushed for rule changes allowing SpaceX’s stocks to be quickly distributed into index funds, which had previously waited to add new companies in order to limit risk to investors. Those funds hold people’s retirement savings and pension plans. Now the financial stability of many of us may be dependent on the whims of tech oligarchs banking on an AI-fueled interplanetary future – this despite experts warning that SpaceX could make for a particularly volatile asset and that the extreme wealth these valuations will deliver to tech CEOs poses a serious threat to demo

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