SpaceX, the largest IPO in history in a few days: Musk could become richer than the whole of Sweden

The billion is approaching. But how much money is a billion dollars worth? The financial event of the year will take place on Friday 12 June: SpaceX’s stock market debut. The company founded in 2002 …

SpaceX, the largest IPO in history in a few days: Musk could become richer than the whole of Sweden

The billion is approaching. But how much money is a billion dollars worth? The financial event of the year will take place on Friday 12 June: SpaceX’s stock market debut. The company founded in 2002 by Elon Musk offers its shares to the public for the first time in what has already been defined as the largest “Initial public offering” (IPO) in history. The space giant is targeting a valuation of around $1.765 billion in its initial public offering by pricing its shares at $135 with plans to place $555.5 million.

How much money could Musk make?

Musk would remain firmly in control of the company and if all goes as expected he could increase his assets by $841 billion. Not bad, given that thanks to Tesla it already owns shares with a total value of 273 billion dollars. In total, Musk would own around 1,110 billion dollars. A billion. Or a trillion, to use the Anglo-Saxons’ words. Some say it’s not real money. Let’s talk about “stocks”. Their value depends on the market valuation. But in any case it’s a mountain of money. One million million dollars.

CNN points out that in the world there are only 20 countries with a GDP greater than 1,100 billion dollars. The economies of Taiwan, Ireland, or Sweden, to give just a few examples, have a lower weight. And again. On June 12, the overall value of his assets could exceed that of all the properties in a metropolis of two million inhabitants like Houston, estimated at 879 billion dollars; as well as the total spending on all new vehicles purchased by Americans in 2025 ($789 billion). In short, we are talking about mind-boggling sums that no one would ever be able to spend in a single lifetime. Not even trying very hard.

The listing on the stock exchange is now just a few days away. According to Musk’s vision, data centers will be one of the company’s economic engines along with Starlink’s satellite network business. For the IPO the billionaire broke with tradition, offering a fixed price per share: usually investors are presented with a price range before marketing.

SpaceX and the role of data centers

Meanwhile, in recent days SpaceX has signed a huge contract which provides for the supply of computing capacity to Google. Under the agreement, the Mountain View giant will pay 920 million dollars per month from October 2026 until June 2029 to rent approximately 110,000 GPUs produced by Nvidia. This contract is part of the frantic race for computing power by US artificial intelligence giants. Last month, another major American company, Anthropic, announced the signing of a huge agreement with SpaceX to rent one of its main data centers.