SpaceX Hits the Jackpot on First Day of Trading, Making Musk First 'Trillionaire' in History

[Anchor]

In the United States, aerospace company SpaceX has gone public, raising a record-breaking amount of capital. CEO Elon Musk has become the first "trillionaire" in human history. However, some are pointing out that this valuation may be significantly inflated.

Kim Beom-joo reports from New York.

[Reporter]

SpaceX shares surged 19% on their first day of trading, pushing its market capitalization past $2.1 trillion and making it the sixth-largest publicly traded company in the U.S.

Elon Musk, who holds more than a 40% stake, has become the first person in history to possess a fortune exceeding $1 trillion (approximately 1,500 trillion Korean won).

[Elon Musk/CEO of SpaceX: To everyone watching this, SpaceX is going to take you to the moon, to Mars, and beyond.]

Investors gathered in front of the Nasdaq exchange in New York cheered and celebrated.

[Ben Brogen/Former SpaceX employee and shareholder: They have Starlink, and they are also developing artificial intelligence. They will build data centers in space and create things even beyond that.]

[So, you are rich now too. (It's a stroke of luck. I'm happy to be able to help my friends.)]

However, some analysts are simultaneously suggesting that SpaceX's stock price today (June 13) is inflated.

SpaceX has projected that it could earn up to $28.5 trillion in the future, with 90% of that revenue expected to come from the artificial intelligence sector.

A key project involves building large-scale solar-powered data centers in space, but there is significant skepticism regarding whether this is actually feasible.

[Nicholas Owens/Analyst at investment firm Morningstar: If they only establish the rockets and space internet system, but the AI business doesn't work out, the stock price could drop to $40 (one-fourth of the current price).]

Capital from China and Hong Kong was excluded from this SpaceX public offering, and some analysts suggest that similar measures could follow for future listings of advanced U.S. technology companies.

(Video reporting: Lee Hee-hoon, Video editing: Jeon Min-gyu)
※ Please note: This article was translated by AI and may contain errors.