SPCX's rally leads to Elon Musk surpassing $1.3 trillion as record-breaking IPO raises close to $86 billion.
Following its blockbuster IPO, Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) rally on Monday has cemented CEO Elon Musk‘s trillionaire status; here’s how.
Elon Musk Now Worth Over $1.3 Trillion
In a post on the social media platform X, The Kobeissi Letter quoted a previous post it made that outlined SpaceX’s recent rally and that SpaceX raised $85.9 billion via the overallotment option for the IPO.
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