New Delhi, June 13 -- On Friday afternoon, Elon Musk's net worth crossed $1 trillion. Nobody had ever gotten there before.

Musk's rocket company, satellite internet operator, and artificial intelligence developer - completed its market debut on the Nasdaq, finishing the day at $160.95 a share after pricing its IPO at $135. The company's market capitalization reached $2.11 trillion. Combined with his stake in Tesla, Musk's total paper wealth crossed approximately $1.2 trillion, according to the Forbes Real-Time Billionaires list - enough to make him the world's first trillionaire, comfortably ahead of rivals including Jeff Bezos, Larry Ellison, and Larry Page.

The IPO raised approximately $75 billion, pricing 555.6 million Class A shares...