SpaceX’s Unlikely Journey From Far-Out Idea to $2 Trillion Juggernaut

Fri, Jun 12 · 8:48 PM UTC 2 min read

Compiled by KHAO Editorial — aggregated from 11 sources. See llms.txt for citation guidance.

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Elon Musk said he had initially given SpaceX less than a 10 percent chance of succeeding.

Key facts

Elon Musk said he had initially given SpaceX less than a 10 percent chance of succeeding

#SpaceX #Elon Musk

Sources & Citation

Reported by

Financial TimesJun 1204:00 UTCNew York Times TechnologyJun 1220:48 UTCArs TechnicaJun 1222:20 UTCThe VergeJun 1216:24 UTCNPR TechnologyJun 1214:01 UTCNBC News TechJun 1212:34 UTCFortune TechnologyJun 1214:42 UTCCNBC TechnologyJun 1223:04 UTCCNBC TechnologyJun 1222:28 UTCDatacenter DynamicsJun 1216:39 UTCBloombergJun 1215:40 UTC

Times are self-reported by each outlet's public feed at scrape time. KHAO does not independently verify publication timestamps, and "first" is scoped to KHAO's tracked sources.

Cite (APA): KHAO Editorial. (2026). SpaceX’s Unlikely Journey From Far-Out Idea to $2 Trillion Juggernaut. KHAO Daily Digest, June 12, 2026. Retrieved from https://www.nytimes.com/2026/06/12/technology/spacex-ipo-journey.html

Full coverage

All sources for this story are listed below — KHAO's direct ingest only; no additional coverage was discovered via Google News.

Tier 1 — direct ingest

New York Times Technology Jun 12 · 20:48 UTC

Elon Musk said he had initially given SpaceX less than a 10 percent chance of succeeding.

Ars Technica Jun 12 · 22:20 UTC

However, most people invest in stocks to make money. As SpaceX made clear in its S-1 document filed in May, however, the company’s value does not lie in its “space-enabled solutions” or its Starlink internet…

The Verge Jun 12 · 16:24 UTC

SpaceX combined Musk’s rocket, AI, and social media platforms earlier this year, and said in its S-1 that its goal is to “build the systems and technologies necessary to make life multiplanetary, to understand the true…

NPR Technology Jun 12 · 14:01 UTC

SpaceX's Starship 39 rocket launches from Starbase during the 12th test flight as seen from South Padre Island, Texas, on May 22, 2026.

NBC News Tech Jun 12 · 12:34 UTC

It might have been SpaceX’s most ambitious launch yet.

Fortune Technology Jun 12 · 14:42 UTC

Friday marked one of the biggest days in stock market history as SpaceX, the most hotly anticipated stock market debut ever, blew past expectations in its first day of trading.

CNBC Technology Jun 12 · 23:04 UTC

CNBC's Jim Cramer said Friday that it's not too late for investors to buy SpaceX after its blockbuster debut— but only if they're willing to view the stock as a long-term bet on the future rather than a traditional…

CNBC Technology Jun 12 · 22:28 UTC

CNBC's Jim Cramer on Friday said SpaceX's blockbuster debut could pave the way for a new wave of AI-related equity offerings and help create a more constructive backdrop for stocks.

Datacenter Dynamics Jun 12 · 16:39 UTC

Rocket and data center business SpaceX has gone public on the Nasdaq.

Bloomberg Jun 12 · 15:40 UTC

SpaceX’s long-awaited initial public offering triggered a selloff Friday in the shares of other rocket, satellite and space-related companies.

Financial Times Jun 12 · 4:00 UTC

The SpaceX IPO has proven the billionaire’s adeptness at bending Wall Street to his will.