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The Times of Israeltimesofisrael.com

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

TL;DR

Elon Musk became the world's first trillionaire as SpaceX's IPO raised over $75 billion, with the company's stock surging nearly 20% on its debut, valuing it over $2 trillion and creating numerous new millionaires and billionaires.

  • SpaceX's IPO raised over $75 billion, making Elon Musk the first trillionaire
  • SpaceX's stock price rose nearly 20% on its debut, valuing the company over $2 trillion
  • Musk's SpaceX aims to develop space travel and AI technologies, including Mars colonization
  • The IPO has generated thousands of new millionaires and billionaires among employees and investors

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