{"id":230674,"date":"2026-06-12T10:17:00","date_gmt":"2026-06-12T14:17:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/12\/its-spacexs-first-day-on-the-stock-market\/"},"modified":"2026-06-12T10:20:59","modified_gmt":"2026-06-12T14:20:59","slug":"its-spacexs-first-day-on-the-stock-market","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/12\/its-spacexs-first-day-on-the-stock-market\/","title":{"rendered":"It&#8217;s SpaceX&#8217;s first day on the stock market"},"content":{"rendered":"<p><a href=\"https:\/\/www.houstonpublicmedia.org\/npr\/2026\/06\/12\/nx-s1-5855004\/its-spacexs-first-day-on-the-stock-market\/\">It&#8217;s SpaceX&#8217;s first day on the stock market<\/a><\/p>\n<p><a href=\"https:\/\/www.houstonpublicmedia.org\/npr\/2026\/06\/12\/nx-s1-5855004\/its-spacexs-first-day-on-the-stock-market\/\">https:\/\/www.houstonpublicmedia.org\/npr\/2026\/06\/12\/nx-s1-5855004\/its-spacexs-first-day-on-the-stock-market\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-12 10:17:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.houstonpublicmedia.org\">www.houstonpublicmedia.org<\/a><\/p>\n<ul>\n<li>\n<p><strong>Historic IPO<\/strong>: SpaceX&#8217;s initial public offering is the biggest in history, raising $75 billion by selling more than 555 million shares at $135 per share, placing its market value at over $1.75 trillion.<\/p>\n<\/li>\n<li>\n<p><strong>Elon Musk&#8217;s Influence<\/strong>: Elon Musk is the CEO and chairman of SpaceX, also holding roughly 85% of shareholder voting power.<\/p>\n<\/li>\n<li>\n<p><strong>Future Plans<\/strong>: The funds raised will be used to expand its flagship rocket, satellite communications, and emphasize artificial intelligence.<\/p>\n<\/li>\n<li>\n<p><strong>Orbital AI Plans<\/strong>: SpaceX aims to develop and launch data centers in space along with AI microchips.<\/p>\n<\/li>\n<li>\n<p><strong>Non-Profit Status<\/strong>: Despite the huge valuation, SpaceX is not currently profitable, reporting a net loss of $4.3 billion in the first quarter.<\/p>\n<\/li>\n<li>\n<p><strong>Market Uncertainty<\/strong>: The company faces high levels of uncertainty in strategic execution, market dynamics, and more, especially given Musk&#8217;s involvement across other companies.<\/p>\n<\/li>\n<li>\n<p><strong>Rival AI Companies<\/strong>: This IPO marks the beginning of three significant tests for investor interest in AI-related companies including OpenAI and Anthropic.<\/p>\n<\/li>\n<li>\n<p><strong>Speculation on Profitability<\/strong>: Analysts express skepticism about the long-term profitability for AI ventures despite their current high valuations and investment in development.<\/p>\n<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s SpaceX&#8217;s first day on the stock market https:\/\/www.houstonpublicmedia.org\/npr\/2026\/06\/12\/nx-s1-5855004\/its-spacexs-first-day-on-the-stock-market\/ Publish Date: 2026-06-12 10:17:00 Source Domain:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":230676,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/npr.brightspotcdn.com\/dims3\/default\/strip\/false\/crop\/7175x4783+0+0\/resize\/7175x4783!\/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F70%2F64%2F3500d0904c00af4082f7255cef03%2Fgettyimages-2277186477.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-230674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/230674"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=230674"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/230674\/revisions"}],"predecessor-version":[{"id":230677,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/230674\/revisions\/230677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/230676"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=230674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=230674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=230674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}