Spacex – Page 11 – Ayen News

Larry Page Remains World’s Second Richest at 296 Billion Dollars Far Behind Musk’s New Trillionaire Status

Google co-founder Larry Page is the closest rival to Musk but his 296 billion dollar fortune falls far short of the new trillion-dollar mark.

Research firm Morningstar raised questions about SpaceX’s valuation citing the gap between the company’s current revenues and its market cap.

The xAI segment which includes X recorded a widening operating loss in 2025 but also showed significant revenue growth of 22%.

A blog post on the SpaceX IPO pricing day argued it marks the opening of a long-awaited era when AI-era companies finally go public.

Online posts exaggerating the SpaceX IPO size claiming it raised $100 billion were debunked as the confirmed raise was $75 billion at $135 per share.

The rapid expansion of Starlink’s satellite internet and direct-to-mobile service was the primary driver behind SpaceX’s decision to go public.

PBS NewsHour reported that the SpaceX IPO was the first of three planned AI-focused company IPOs in 2026 including Anthropic and OpenAI.

SpaceX confirmed pricing of its IPO at $135 per share raising $75 billion in the largest initial public offering in history.

Elon Musk’s SpaceX priced its historic IPO at $135 per share on Nasdaq raising $75 billion at a $1.75 trillion valuation.

The bold commercial endeavor aims to boost the aging observatory’s orbit and fix instruments.