Elon Musk becomes world’s first trillionaire after SpaceX stock soars
Part of composite article SpaceX IPO Surges 19%, Global Stocks Soar 5% on US-Iran Peace Deal & Hormuz Reopening View full article →
SpaceX’s shares closed at $161 on the Nasdaq on Friday, up from its initial public offering (IPO) price of $135. The strong debut made it the biggest-ever stock market launch. The surge pushed Elon Musk’s net worth past $1 trillion, making him the world’s first trillionaire.