A record breaking SpaceX debut has not only transformed Wall Street but also cemented Elon Musk’s place in history as the world’s first trillionaire.
Elon Musk has officially become the world's first trillionaire after SpaceX completed the largest initial public offering (IPO) in history, marking a watershed moment for global markets and the growing commercial space industry.
SpaceX raised a record $75 billion through its initial public offering, valuing the company at approximately $1.75 trillion to $1.77 trillion and instantly placing it among the ten largest publicly listed companies in the United States.
The blockbuster listing has transformed Preoria born Musk's personal fortune.
Reuters reported that the valuation of SpaceX, combined with Musk's existing holdings in companies such as Tesla, has pushed his wealth beyond the $1 trillion threshold, making him the first person in history to achieve the milestone.
