Friday, June 12, 2026
Home / Technology / Elon Musk becomes the world’s first trillionaire a...
Technology

Elon Musk becomes the world’s first trillionaire after SpaceX’s historic IPO

CN
CitrixNews Staff
·
Elon Musk becomes the world’s first trillionaire after SpaceX’s historic IPO

Elon Musk is now the world’s first trillionaire after SpaceX’s public markets debut on Friday, according to Bloomberg News.

The SpaceX founder and CEO owned roughly $860 billion worth of the rocket company’s stock after it was priced at $135 per share just ahead of the IPO. Combined with his stake in Tesla, and the immediate pop of SpaceX’s stock on Friday after it began trading, that’s enough to give the tech magnate — already the richest person in the world — an on-paper wealth of more than $1,000,000,000,000.

Originally reported by TechCrunch. Read the full story at the original source.