Elon Musk becomes world's first Trillionaire as record-breaking SpaceX IPO shatters market records
Bhubaneswar, June 14 -- Elon Musk has entered the history books as the world's first trillionaire, achieving a financial milestone that was once considered almost unimaginable. The landmark moment came after SpaceX's blockbuster stock market debut, which valued the aerospace company at more than $2 trillion and propelled Musk's estimated net worth beyond the $1 trillion mark.
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The record-setting initial public offering (IPO), which raised around $75 billion, became the largest in history. Investor enthusiasm sent SpaceX shares sharply higher on their first day of trading, significantly increasing the value of Musk's roughly 38% stake in the company. Analysts e...
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