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The Kathmandu Postkathmandupost.com

SpaceX IPO makes Elon Musk the world’s first trillionaire (opens original article in a new tab)

TL;DR

Elon Musk became the world's first trillionaire after SpaceX's $75 billion IPO, with his net worth exceeding $1.1 trillion, driven by his companies Tesla and SpaceX, despite controversies and concerns about his influence.

  • SpaceX's IPO raised $75 billion, boosting Musk's net worth to over $1.1 trillion.
  • Musk's wealth primarily comes from SpaceX, with a stake worth $866 billion.
  • Concerns about Musk's influence and governance accompany his financial success.
  • Investors remain optimistic about Musk's ventures despite risks and controversies.

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