US-ECONOMY-MARKETS-SPACEX-IPO

Bret Johnsen (C), SpaceX Chief Financial Officer, and Gwynne Shotwell (center R), SpaceX President and Chief Operating Officer, celebrate as they ring the opening bell at the Nasdaq MarketSite to celebrate the launch of SpaceX's initial public offering (IPO) in New York on June 12, 2026. Elon Musk's SpaceX begins trading on the Nasdaq exchange on Friday with the biggest initial public offering in history expected to make the polarizing entrepreneur the world's first trillionaire. The company priced more than 555 million shares at $135 each in a filing with the US markets regulator on Thursday, placing SpaceX in the top 10 of Wall Street's biggest companies with a valuation of just under $1.8 trillion -- ahead of Tesla, Facebook-owner Meta and Walmart. (Photo by TIMOTHY A. CLARY / AFP via Getty Images)