Find Articles

SpaceX IPO Creates History: Elon Musk Crosses $1 Trillion, Indian Engineers Set to Gain Big

SpaceX IPO: Elon Musk’s space exploration company SpaceX made a dramatic entry on the Nasdaq stock exchange on Friday. The shares of this company reaped profits for the investors while entering the market. The IPO price was fixed at $135 (Rs. 11,200 per share).. On the day of listing, the shares rose 11 percent to start trading at $150. With this historic listing, SpaceX’s total market capitalization has reached $2.2 trillion (roughly Rs. 183 lakh crore). Elon Musk’s wealth rocketed after SpaceX IPO. With this success, Musk created a new record in the history of the world. Elon Musk has written a special history by becoming the first person in the world whose net worth has crossed 1 trillion dollars (first ten lakh crore).

This IPO is not only going to change the fortunes of investors, but also of three Indian-origin engineers who hold key positions in Musk’s leading artificial intelligence company ‘xAI’. They are.. Devendra Chaplot, Aman Madan, Aditya Gupta. Last year (April 2026), these three were entrusted with the most crucial responsibilities in Musk’s company xAI. They play an amazing role in building and training AI models for real-life use. Devendra Chaplot (Alumnus of IIT Bombay). He currently leads the basic training department for core AI models at xAI. Aman Madan oversees the technical tools and infrastructure required to build AI models. Aditya Gupta plays a key role in turning AI models into real-life products. Aditya has previous experience working on Google Bard and Google Assistant projects.

Companies owned by Elon Musk offer huge amounts of company shares to their employees along with salary. Currently these three Indian engineers are in the top positions, they have a huge number of shares. Recently, SpaceX acquired xAI, another company belonging to Musk (Acquisition). With this, the shares of these three engineers working in xAI automatically became the world’s most sought-after ‘SpaceX’ shares. It is said that if the market value of SpaceX increases further in the future, the assets of these three senior engineers will reach hundreds of crores of rupees. But they don’t have to wait for the IPO to reap the benefits. Because SpaceX has previously allowed employees to sell their shares through private deals. Anyway, it is said that the presence of our Indian brains in Musk’s rocket success is a source of pride for India.

Penti Naidu