ABC News – Australia
·australia
·1 hour ago
Musk's trillions fuelled by AI and his pied piper power over investors
Elon Musk's SpaceX launched its IPO valued at $1.77 trillion on June 15, 2026, soaring to $2.1 trillion on its first trading day. The debut highlights Musk's influence over investors, creating new millionaires and exacerbating global inequality. Critics label SpaceX's valuation as speculative, pointing to its unprofitable business model and unproven technology.
Summary by OZbrief · ABC News – Australia
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