In a post on the social media platform he owns, Elon Musk recently lamented: “Whoever said ‘money can’t buy happiness’ really knew what they were talking about.”Now the world’s richest person can put that maxim to an even bigger test as he adds a new title: world’s first trillionaire.SpaceX shares opened at US$150 each, 11 per cent above their offering price after they began trading in New York on Friday, valuing the rocket and AI-company Musk founded at roughly US$2 trillion.His fortune now stands at the once-unimaginable figure of almost US$1.05 trillion, according to the Bloomberg Billionaires Index. That is more than three times that of the world’s second-richest person, Google co-founder Larry Page.It was less than 10 years ago that Bloomberg’s wealth index registered its first fortune of more than US$100 billion – a milestone Musk blew past in 2020.He has since come to dominate the ranks of the world’s richest, first as Tesla evolved into one of the all-time best-performing stocks and later as investors scrambled for a piece of Space Exploration Technologies Corp, as SpaceX is formally known, now among the world’s most valuable companies.
Elon Musk becomes world’s first trillionaire after SpaceX IPO
The company’s shares opened at US$150 each, propelling the world’s richest person’s fortune to almost US$1.05 trillion.










