SPACEX IPO EXPLAINED: Will Elon Musk Become the World’s First Trillionaire? | ET Now | Latest News

Added: 2026-05-23

[00:00:11]Ask them to also participate. to find a piece of Elon Musk's salary is $54,000 a year, but buried inside the SpaceX IPO filing is a clause that could make him the world's first trillionaire, and it requires him to colonize Mars.

[00:00:39]This is the biggest, strangest, and most controversial IPO in Wall Street history. And you need to understand exactly what you're being asked to buy into.

[00:00:56]SpaceX is valuing itself at $1.25 trillion, larger than Amazon. Musk's personal stake alone could be worth over $600 billion.

[00:01:08]Add his Tesla holdings and current net worth. And this single stock listing is mathematically designed to push one man past $1 trillion in personal wealth. No human being has ever been there. He's about to get there because of a rocket company.

[00:01:25]>> There he is.

[00:01:31]>> The real cash machine here is Starlink.

[00:01:34]$4.4 4 billion in operating income last year. Impressive. But look at what SpaceX is quietly absorbing into this IPO. His social media company X and his AI venture XAI, which lost $6.4 billion last year. So essentially, Musk is bundling his money losing bets inside a profitable rocket company and asking the public to fund all of it together. Some investors are already calling this what it looks like, a bailout dressed up as a historic IPO.

[00:02:14]Here's where it gets genuinely surreal.

[00:02:17]Musk's base salary is $54,80, less than a school teacher. His actual payout comes from 15 massive stock grants that only unlock when SpaceX hits specific milestones. To collect his full payout, the company must reach a $7.5 trillion market cap, build data centers in orbit, and this is real, establish a permanent colony on Mars with at least $1 million people living there. This isn't a compensation package. It's a civilizational bet written into a legal document.

[00:02:59]Before you search for the SPCX ticker, read the small print. Despite $18.7 billion in revenue, the newly combined company lost nearly $5 billion last year and is carrying $60.5 billion in debt.

[00:03:15]But the most important detail is this.

[00:03:18]Musk's shares carry 10 votes for every one of yours. You can own a piece of Space X and have zero say in how it's run. You are not a partner. You are a financier.

[00:03:37]So here's the real question this IPO is asking you. Do you believe Elon Musk will put humans on Mars? And do you trust him enough to hand him your money while he tries? Because that is literally what buying this stock means.

[00:03:54]The upside is historic. The downside is a heavily indebted company run by one man with no accountability to shareholders. This is either the greatest investment opportunity of the century or the most expensive science fiction story ever told. The choice for once is actually yours.