Elon Musk Becomes World’s First Trillionaire Amid SpaceX IPO

Article excerpt

Elon Musk became the world's first trillionaire Friday as SpaceX's record-breaking initial public offering sent the company's stock soaring. The shares priced at $135 each before opening at $150 and climbing further on the Nasdaq under ticker SPCX, marking the largest IPO ever. By day's end, the stock had gained 18%, pushing Musk's net worth past the trillion-dollar milestone for the first time in history.