SpaceX priced its initial public offering at $135 per share on Thursday, setting the stage for what analysts are calling one of the largest IPOs in U.S. stock market history. The offering gives the private rocket and satellite company a valuation that dwarfs many established technology giants and marks a significant moment for the commercial spaceflight industry.

The IPO is expected to dramatically increase the net worth of founder and CEO Elon Musk, who already ranks as one of the wealthiest individuals in the world. Based on his ownership stake in SpaceX, financial analysts project his total wealth could surpass $1 trillion following the public listing, a threshold no individual has previously crossed.

SpaceX has grown rapidly over the past decade, expanding from a rocket launch company into a sprawling enterprise that includes the Starlink satellite internet service, which alone has attracted tens of millions of subscribers globally. That diversified revenue base has bolstered investor confidence and contributed to the company's sky-high valuation heading into the public markets.

The listing has drawn intense interest from institutional and retail investors alike. Trading activity and investor demand in the lead-up to pricing suggested robust appetite for shares, with early indications pointing to the offering being heavily oversubscribed. The IPO is expected to rank among the most significant market events of the decade.

The offering also arrives at a moment of broad debate about concentrated wealth in the United States. Musk's potential ascent to trillionaire status has intensified conversations about economic inequality and the tax treatment of ultra-high-net-worth individuals, even as markets celebrate the milestone as a testament to American innovation in the aerospace sector.