Kathmandu. Elon Musk has become the world’s first trillionaire. His net worth is more than $1 trillion. This record jump in his wealth comes after the IPO listing of Musk’s rocket company SpaceX.
On June 12, SpaceX’s shares traded above $150 per share on the US stock exchange Nasdaq. According to Forbes, Musk’s net worth has reached $ 1.1 trillion after the listing of SpaceX’s IPO. That was $982 billion on Thursday.
SpaceX has raised a record $75 billion through an IPO. This is more than the total amount raised by all US IPOs in 2024 and 2025. This is the world’s largest IPO.
SpaceX’s IPO price was $135 per share. Shares listed at $150 per share rose 11%. Due to this strong start, the market value of the company has reached $ 1.96 trillion. –Agency
