Musk becomes world's first trillionaire as SpaceX rockets to record-breaking IPO (opens original article in a new tab)

Elon Musk became the world's first trillionaire as SpaceX's record-breaking IPO valued the company at $2 trillion, boosting his net worth above $1 trillion.

• Elon Musk became the first person to reach a net worth of $1 trillion after SpaceX's IPO raised $75 billion
• SpaceX's valuation reached $2 trillion, making Musk's wealth exceed the GDP of countries like Switzerland and Poland
• Investors heavily oversubscribed the IPO, driving SpaceX's stock price up over 20% in its debut