Elon Musk Becomes World's First Trillionaire After Historic SpaceX IPO
India, June 13 -- Elon Musk has become the world's first trillionaire following the historic public debut of SpaceX, marking a milestone never before achieved by an individual. The company's blockbuster initial public offering (IPO) on June 12 pushed Musk's net worth beyond the $1 trillion mark, cementing his position as the richest person in modern history.
SpaceX made one of the largest stock market debuts ever, with shares beginning trading at $150 and surging during their first day on the Nasdaq. The rally lifted the company's valuation above $2 trillion, placing it among the most valuable companies in the world. By the end of trading, SpaceX shares had risen nearly 19%, further boosting Musk's fortune.
According to estimates from ...
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