HISTORIC MILESTONE: Elon Musk has become the world’s first trillionaire, following the blockbuster stock market debut of SpaceX.
The rocket company’s IPO was priced at $135 per share, with shares rising to $165 shortly after trading opened — pushing SpaceX’s valuation above $2 trillion and lifting Musk’s net worth to just over $1 trillion.
Before the listing, Musk was already worth about $813 billion, more than double the wealth of Google co-founder Larry Page, according to reports.
The milestone places Musk ahead of all other billionaires globally, with his fortune now exceeding the combined wealth of several top tech founders on global wealth indices.
SpaceX, which also owns Starlink and is linked to Musk’s AI company xAI, is now among the most valuable companies in the United States.

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