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Musk became the first-ever trillionaire with the SpaceX IPO

Space Exploration Technologies Corp.

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Tesla, Inc.

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Ivan Lapshin

Ivan Lapshin

Elon Musk became the worlds first trillionaire after SpaceX IPO / Photo: FotoField / Shutterstock.com

Elon Musk became the world's first trillionaire after SpaceX IPO / Photo: FotoField / Shutterstock.com

The richest businessman in the world Elon Musk became the first trillionaire in history after the IPO of his space company SpaceX - a man with a fortune of $1.1 trillion, writes Forbes.

On Friday, June 12, SpaceX securities began trading on Nasdaq, soaring in the first minutes by 11% relative to the offering price. Thus, Musk's fortune as a result of the IPO SpaceX rose to about $1.1 trillion, Forbes calculated. Before the start of trading in shares of the space company Musk's fortune was estimated at $696 billion, according to Bloomberg Billionaires Index. According to Forbes, the capital of the head of Tesla and SpaceX amounted to $784.5 billion, follows from the Real-Time rating, which is updated in real time depending on the quotes.

Elon Musk owns and operates several companies at once - in addition to SpaceX (which also includes AI company xAI, which owns social network X), these include electric car maker Tesla, brain chip startup Neuralink, and The Boring Company, which develops underground tunnels for cars.

This article was AI-translated and verified by a human editor

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