A 'Jackpot' on First Day of Trading: SpaceX CEO Becomes World's First Trillionaire

[Anchor]

In the United States, aerospace company SpaceX has gone public, attracting the largest amount of capital in history. CEO Elon Musk has become the first "trillionaire" in human history. However, some point out that the company's valuation may be overly inflated.

Kim Beom-joo reports from New York.

[Reporter]

On its first day of trading, SpaceX shares surged 19%, 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 40% of the company's shares, has also become the first person in history to possess a fortune exceeding $1 trillion, or over 1,500 trillion Korean won.

[Elon Musk/CEO of SpaceX: To everyone watching this, SpaceX intends 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 are developing artificial intelligence. They will build data centers in space and create things even beyond that.]

[You are rich now, too. (It's lucky. 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 compared to its actual value.

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 prime example of their business plan is building large-scale, solar-powered data centers in space, but there is significant skepticism regarding whether this is feasible.

[Nicholas Owens/Analyst at investment firm Morningstar: If only the rockets and space internet systems take hold and the AI business doesn't work out, the stock price would be $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 high-tech U.S. companies.

Reported by Kim Beom-joo | Video by Lee Hee-hoon | Video Editing by Jeon Min-gyu
※ Please note: This article was translated by AI and may contain errors.