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159 new news items in the last 24 hours
  1. Home
  2. International

Elon Musk has become the world's first trillionaire after SpaceX began trading on NASDAQ, with shares rising by 18% at debut.

Lara Maior
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12 June 2026, 17:07
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International
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Elon Musk has reached the status of the world's first trillionaire, coinciding with SpaceX's debut on the NASDAQ, where the company's shares rose by 18% from the initial offering price, reaching $154 per share. Musk, CEO of SpaceX and Tesla, has emphasized his grand ambitions, including the expansion of the Starlink satellite internet service, which threatens telecom giants. Musk is also involved in media and entertainment, having connections with influencers from Hollywood. Analyst Peter Supino noted that Musk sets bold goals and motivates his teams to achieve them. Although Musk often criticizes the industry's "woke" policies, he collaborates with major personalities from Hollywood, suggesting a new era of moguls, with Musk having a fortune that surpasses the market capitalization of large companies like Disney and Netflix.

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Hollywood Reporter
Elon Musk Officially Becomes World’s First Trillionaire As SpaceX Goes Public
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Cotidianul
Elon Musk devine primul trilionar al planetei după listarea SpaceX la bursă
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Elon Musk devine primul trilionar din lume după listarea record a SpaceX

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NEWS ON THE SAME TOPICS

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Economy
Elon Musk has lost over 500 billion dollars, after the value of SpaceX's assets decreased by almost 40%.
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SpaceX reported a net loss of 143 million dollars in the second quarter and 2 billion dollars in the first half of the year. The value of the shares has decreased.
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SpaceX's shares have fallen for the fourth consecutive session, dropping below the $135 price set at the IPO.
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Elon Musk discussed a possible merger between Tesla and SpaceX. Rumors intensified after SpaceX's record IPO.
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Trump invests up to 50,000 dollars in SpaceX, the connection with Musk strengthens
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The SpaceX Starship spacecraft successfully completed its first test flight after going public.
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Elon Musk trillionaires SpaceX Economy Tesla

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