Elon Musk’s rise to becoming the world’s first trillionaire has been powered not just by investors and technology breakthroughs, but significantly by years of US government support, according to analysis of SpaceX and Tesla’s early growth and financing.

Rocketmaker SpaceX began trading on the Nasdaq Friday, boosting Musk’s fortune to an estimated $1.1 trillion.

The company offered 555,555,555 stocks at a price of $135 per share

South Africa-born tech entrepeneur on course to become world’s first trillionaire after lucrative SpaceX IPO

Elon Musk becomes the world’s first trillionaire after SpaceX’s market debut, marking a historic wealth milestone and widening global wealth gap concerns.