# SpaceX IPO price would put Musk just shy of trillionaire status > Source: > Published: 2026-06-03 16:45:30+00:00 **Getting your** [Trinity Audio](//trinityaudio.ai)player ready...**By Tom Maloney, Bloomberg** The world might have to wait a little longer for its first trillionaire. Based on reports that [SpaceX is planning to offer shares in an upcoming IPO at $135 each](https://www.mercurynews.com/2026/06/03/spacex-targets-75-billion-in-ipo-at-135-per-share/), that would put [Elon Musk’s net worth at $988 billion](https://www.mercurynews.com/2026/05/01/elon-musks-tesla-compensation-158-billion-2025/), according to calculations by the Bloomberg Billionaires Index. That’s $12 billion — or about one Steven Spielberg — short of trillionaire status. A pop in SpaceX’s share price could still make Musk a trillionaire when the rocket company’s stock begins trading, which is expected June 12. A price of $138 a share — just a 2.2% climb — would be enough to push him over the line for a 13-digit fortune, assuming all else is equal. Discussions over the price and other details of the initial public offering could still change, Bloomberg reported Wednesday, with the company currently planning to raise $75 billion. That’s more than twice the amount raised in the largest-ever IPO. Musk, 54, is currently worth $726 billion, according to the wealth index, which values SpaceX at $1.03 trillion based on its $800 billion valuation in a December 2025 tender offer and the value of artificial intelligence firm xAI in a January 2026 funding round before the two companies were combined by Musk a month later. SpaceX’s value will be updated once shares are sold in the IPO. Musk’s wealth outlook could also change depending on the performance of his second-biggest asset, Tesla Inc. If shares of the electric-car maker climb back to where they were in mid-May — when they exceeded $445 each — Musk won’t need SpaceX to pop on its first day of trading for his fortune to hit four-comma status. Tesla’s shares would need to jump about 5% from Wednesday’s opening price to get there and were up 1.6% at 10:50 a.m. in New York. They’ve declined since their May high, with some of the move linked to OpenAI’s announcement that it plans to develop a potential competitor to Tesla’s Optimus robot. More stories like this are available on [bloomberg.com](https://www.bloomberg.com) ©2026 Bloomberg L.P.