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53 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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psnews.ro
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
SpaceX, Elon Musk's company, had a spectacular debut on the stock market, with shares increasing by 19.2%. The market value reached 2 trillion dollars.
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SpaceX has raised 75 billion dollars through an initial public offering record. Trading on Wall Street begins on Friday.
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SpaceX has raised 86 billion dollars in the largest initial public offering in history, exceeding initial estimates of 75 billion dollars.
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SpaceX's decline: What is happening with Elon Musk's company
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Elon Musk has lost over 500 billion dollars, after the value of SpaceX's assets decreased by almost 40%.
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SpaceX, Elon Musk's company, intends to raise 75 billion dollars through an IPO, with a valuation of 1.750 billion dollars
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Elon Musk trillionaires SpaceX Economy Tesla

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