Watch The Moment Elon Musk Becomes World's First Trillionaire As SpaceX Has Biggest IPO In History
📅 Jun 12, 2026Forbes19 MIN24705 VIEWS15 SEGMENTS · 3 SPEAKERS
On Friday, SpaceX was listed on the Nasdaq in the biggest IPO ever, turning Elon Musk into the world's first-ever trillionaire.
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What Elon Musk said
Written from the verified transcript and checked against it. Every figure links to the moment it was said.
Elon Musk, speaking from Starbase, Texas, at SpaceX's NASDAQ debut under ticker SPCX, said he initially gave the company less than a 10% chance of succeeding, but believed a new space company was necessary to make life multiplanetary. He emphasized SpaceX's mission to take anyone, not just astronauts, to the moon, Mars, and beyond, aiming to make science fiction real. Musk praised Gwynne Shotwell as an incredible partner and one of the first employees. He acknowledged the company's growth from a warehouse in El Segundo to the largest IPO ever. Musk expressed confidence in the SpaceX team to achieve these goals, despite ongoing problems on Earth, and stressed the importance of having an exciting future to look forward to.
Key takeaways
Musk said he gave SpaceX less than a 10% chance of succeeding at all when he founded it.
Musk stated SpaceX's goal is to take anyone who wants to go to the moon, Mars, or beyond, not just a few astronauts.
Musk said SpaceX wants to make science fiction futures real by taking the fiction out of science fiction.
Musk expressed confidence that the SpaceX team will take people to the moon, Mars, and ultimately beyond the solar system.
Musk said SpaceX was started because other aerospace companies were not pursuing technology necessary to make life multiplanetary.
We have liftoff confirmed. Falcon 1 is airborne at this time. We are hearing from the launch control center that there has been an anomaly on the vehicle.
America has launched, and with it the ambitions of a new generation continuing the dream.
Stage one FTS stage one entry. Start it.
You think of Starlink as really getting to the parts of the world that are the most difficult to reach.
This day heralds a new age of space exploration.
Space station and the first to return astronauts to orbit from American soil. Last year alone, SpaceX completed 165 orbital launches, a record for any single launch operator in history. Starlink connects more than 12 million subscribers across 164 countries, leveraging approximately 9,600 satellites in low Earth orbit, bringing high-speed internet to communities that no terrestrial infrastructure has ever reached. And SpaceX AI is advancing artificial intelligence to strengthen SpaceX's space and connectivity platforms, transforming data into actionable intelligence at a global scale. The company begins trading today on NASDAQ under the ticker SPCX in what stands as the largest public offering in the history of capital markets.
As the home of innovation and the home of the innovation economy, NASDAQ is incredibly proud to be SpaceX's partner as it builds the physical and digital infrastructure of the future. Your mission is now backed by the financial engines of the public markets with access to every investor everywhere. Congratulations to the entire SpaceX team. We cannot wait to see what comes next. And now, please join me in welcoming SpaceX's president and chief operating officer, Gwynne Shotwell, for her opening remarks.
Good morning everybody. I am so excited to be here today. We make history again. We have a history of making history. So, I want everyone to know that we did open this morning in a rather exciting way. We launched Falcon 9, launched Starlink satellites to orbit. So, what company would do such a thing on the day that they open in the public market? SpaceX would.
Musk, E. (2026, June 12). Watch The Moment Elon Musk Becomes World's First Trillionaire As SpaceX Has Biggest IPO In History [Interview transcript]. Forbes. CEOInterviews.AI. https://ceointerviews.ai/interview/979201/
MLA
Elon Musk. "Watch The Moment Elon Musk Becomes World's First Trillionaire As SpaceX Has Biggest IPO In History." Forbes, 12 Jun. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/979201/.
BibTeX
@misc{musk2026_979201,
author = {Elon Musk},
title = {Watch The Moment Elon Musk Becomes World's First Trillionaire As SpaceX Has Biggest IPO In History},
howpublished = {Interview transcript, Forbes. CEOInterviews.AI},
year = {2026},
month = {jun},
url = {https://ceointerviews.ai/interview/979201/},
note = {Speaker-attributed transcript with timestamps}
}
