SpaceX's record $75B IPO pushed Elon Musk past $1 trillion. Nasdaq's fast-tracked index rules now force retirement funds to buy shares in a money-losing company.

Elon Musk just became the world’s first trillionaire thanks to the record-breaking IPO, which also minted a new billionaire and boosted the fortunes of many others.

Elon Musk is on the verge of becoming a trillionaire thanks to the record-breaking IPO price, which also minted a new billionaire and boosted the fortunes of many others.

SpaceX IPO highlights Elon Musk’s influence on markets, driving the “Elon premium” as investors bet on Tesla, SpaceX and his trillion-dollar empire.

Musk's fortunes were boosted from $813 billion to over $1 trillion, sending SpaceX into the ranks of the world's most valuable companies.