By

Olivia Craighead,

a news writer for The Cut who covers pop culture and celebrity.

Previously, she wrote about pop culture and entertainment at Gawker.

Sorry to crash your TGIF vibes, but I must inform you that Elon Musk has become the world’s first trillionaire. CBS News reported that Musk officially crossed the threshold on Friday, after SpaceX set the share price of its historic IPO at $135. Once trading began, the price climbed to $150, further cementing Musk’s 13-figure net worth.