Elon Musk becomes 1st trillionaire
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Elon Musk rings the Nasdaq opening bell as SpaceX goes public.
Elon Musk, the world's richest man and now first-ever trillionaire, controls a lot of different businesses.
Elon Musk today became something no human being has ever been before: a dollar trillionaire. SpaceX priced its initial public offering at $135 per share on Thursday, valuing the rocket, satellite and artificial intelligence company at roughly $1.
SpaceX’s reported IPO would value Elon Musk’s company at $1.77 trillion, reflecting investor bets on Starlink, Starship, and defense work.
The implications of Musk’s staggering wealth are being felt in Nashville and across Tennessee, as Musk-tied projects reshape the environment, above and below ground.
With assets under SpaceX like xAI and Tesla auto giant, Elon Musk has made a trillion-plus after IPO debut.
The once privately held commercial rocket company, established by Musk in 2002, issued an initial public offering, or an IPO, on Friday, June 12, which means SpaceX will now sell shares of stock to the public after listing them on the U.
After 24 years of anticipation, the SpaceX IPO finally debuted at just over $150 a share and is now hovering at around $165 a share.
