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Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut

Musk's AI and reusable rocket company listed on the Nasdaq stock exchange with a value of $2.2tn....

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Jun 13, 2026

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BBC

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Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut

AI Insight:This milestone marks a significant shift in global wealth distribution and cements Musk's status as a pioneer in the space industry.

Elon Musk's SpaceX has made a historic debut on the Nasdaq stock exchange, with the company's valuation reaching an astonishing $2.2 trillion. This remarkable achievement has catapulted Musk to the position of the world's first trillionaire, a feat that underscores the immense success of his innovative ventures in the space industry. The listing of SpaceX on the Nasdaq marks a significant milestone in the company's journey, which began with the launch of the Falcon 1 rocket in 2008. Since then, SpaceX has made tremendous strides in the development of reusable rockets, AI technology, and satellite communications, earning it a reputation as a leader in the space industry. The company's valuation is a testament to the growing demand for space-based services, including satellite internet, space tourism, and lunar exploration. As SpaceX continues to push the boundaries of space technology, its listing on the Nasdaq is expected to have a profound impact on the global space industry, attracting more investors and talent to the sector.