Musk becomes world’s first trillionaire as SpaceX goes public (opens original article in a new tab)

SpaceX's stock debut saw shares rise sharply, making Elon Musk the first trillionaire and valuing the company at $2.2 trillion.

• SpaceX shares opened at $150 on debut, rising to $168.75, valuing the company at $2.2 trillion.
• Elon Musk became the world's first trillionaire with a 42% stake in SpaceX worth $924 billion and $280 billion in Tesla shares.
• SpaceX raised $86 billion in its IPO, with demand exceeding three times the offered amount from institutional and retail investors.