Elon Musk becomes world’s first trillionaire as SpaceX opens higher in Wall Street debut

SpaceX soars 23% in Wall Street debut and makes Elon Musk the first trillionaire

SpaceX IPO hits $2.18T market value (+23%), raising $75B record and making Musk the first trillionaire. Mega-capital concentration on AI+space (SpaceX, Anthropic, OpenAI IPOs); despite $8.7B losses, investor faith in moonshots overrides profitability.