Today’s Forbes Daily covers a historic rut for consumer sentiment, the New York Knicks owner's fortune, how SpaceX investors made bank, a U.S. Iran peace deal and more.

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

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

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

Elon Musk has become the world's first trillionaire on Friday after SpaceX made its stock market debut on Nasdaq.

The worlds richest man has a new fancy title