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Musk becomes world’s first trillionaire as SpaceX shares soar

Shares in Elon Musk's SpaceX closed almost 20% higher on their trading debut Friday after the biggest IPO in history....

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Jun 13, 2026

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Musk becomes world’s first trillionaire as SpaceX shares soar

AI Insight:This historic IPO marks a significant milestone in Elon Musk's financial journey, solidifying his status as the world's first trillionaire.

Shares in Elon Musk's SpaceX closed almost 20% higher on their trading debut Friday after the biggest IPO in history. The impressive performance has catapulted Musk's net worth to over $1 trillion, making him the first individual to achieve this feat. This remarkable milestone is a testament to the immense success of SpaceX, which has revolutionized the space industry with its innovative technologies and ambitious projects. The company's successful IPO is also a reflection of the growing demand for space exploration and the increasing investment in the sector. As SpaceX continues to push the boundaries of space travel and exploration, its valuation is likely to soar even higher, cementing Musk's position as one of the wealthiest individuals in the world.