BusinessDay
Folake Balogun
June 12, 2026
Elon Musk has officially become the world’s first trillionaire after his space company, SpaceX, completed a historic public listing that pushed the company’s valuation to unprecedented levels.
The company’s initial public offering (IPO) on Friday marked the largest stock market debut in history, with SpaceX raising about $75 billion by selling shares to investors.










