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SpaceX Gains Over 6% Pre-Market. Musk Becomes First Trillionaire With Net Worth Rivaling Half of Crypto Market.

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AuthorBlock Tao

Jun 15, 2026 11:11 AM

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SpaceX's stock price surge has propelled Elon Musk to become the world's first trillionaire, with an estimated net worth of $1.1 trillion. The company's market capitalization of $2.1 trillion now rivals the total cryptocurrency market cap. SpaceX holds over 18,700 Bitcoins, exceeding other public companies. While Musk possesses the financial capacity to challenge the crypto market, such actions are unlikely due to compliance and shareholder constraints. However, potential future Bitcoin acquisitions by Musk or SpaceX warrant investor attention, as this could influence both Bitcoin and SpaceX stock prices.

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TradingKey - SpaceX stock price continued to rise today, making Elon Musk the world's first trillionaire, with a net worth equivalent to Bitcoin's total market capitalization.

In pre-market trading on June 15 ET, Elon Musk's aerospace company SpaceX (SPCX) extended its rally, climbing over 6% at one point to return above $170 before paring gains. Last Friday, SpaceX debuted on the Nasdaq, with its stock price surging to $179 at one point, up 35% from its IPO price of $135.

spacex-spcx-price-2869fde28e094cc7a68e9560e6b105ec SpaceX price chart, Source: TradingView

The surge in SpaceX's stock price has propelled Elon Musk's net worth, making him the world's first trillionaire. Before the listing, Musk's net worth was below $800 billion; on the first day of trading, it briefly touched $1.2 trillion. According to Forbes data, SpaceX currently has assets of $1.1 trillion, far exceeding the wealth of Google ( GOOG) founders Larry Page ($294.1 billion) and Sergey Brin ($271.3 billion), Amazon ( AMZN) founder Jeff Bezos ($248.9 billion), and Oracle ( ORCL) founder Larry Ellison ($231.5 billion).

Notably, SpaceX's current market capitalization is $2.1 trillion, showing no significant gap from the total cryptocurrency market cap of $2.17 trillion. Musk's net worth is now "equivalent to half of the crypto sphere," approaching Bitcoin's total market cap of $1.3 trillion. This means that Musk's personal fortune alone could essentially buy all the world's Bitcoin, and SpaceX could swallow the entire crypto market.

While Musk and SpaceX have the capability to challenge the crypto market, they are unlikely to do so, as buying all the Bitcoin would effectively destroy it. Furthermore, as a public company, SpaceX faces constraints from compliance and shareholders. However, this does not rule out the possibility of personal or corporate Bitcoin purchases by Musk or SpaceX; therefore, crypto investors must keep a close eye on this.

According to CoinGeCoin data, SpaceX currently holds over 18,700 Bitcoins, ranking 12th globally, with holdings far exceeding those of public companies like Tesla ( TSLA) and Coinbase ( COIN) and other public companies. If the company continues to increase its Bitcoin holdings, it would not only stimulate the price of Bitcoin but also potentially drive SpaceX's own stock price higher in tandem, perhaps even experiencing gains similar to MicroStrategy ( MSTR) and see a similar or even larger rally.

This content was translated using AI and reviewed for clarity. It is for informational purposes only.

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Disclaimer: The content of this article solely represents the author's personal opinions and does not reflect the official stance of Tradingkey. It should not be considered as investment advice. The article is intended for reference purposes only, and readers should not base any investment decisions solely on its content. Tradingkey bears no responsibility for any trading outcomes resulting from reliance on this article. Furthermore, Tradingkey cannot guarantee the accuracy of the article's content. Before making any investment decisions, it is advisable to consult an independent financial advisor to fully understand the associated risks.

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