Elon Musk becomes first dollar trillionaire after SpaceX IPO
Elon Musk has become the world's first dollar trillionaire after SpaceX's record-setting $75 billion IPO, which valued the company at $1.77 trillion. The US also emerged as the top global oil exporter.
Following a record-setting initial public offering (IPO) for his aerospace firm SpaceX, Elon Musk has attained the status of the world's first dollar trillionaire, with his net worth now exceeding $1.1 trillion. The IPO successfully secured $75 billion, involving the placement of 555.6 million shares at $135 each, which valued SpaceX at approximately $1.77 trillion. This landmark event represents the largest IPO in global history, surpassing the previous record held by Saudi Aramco. Concurrently, the United States has emerged as the world's foremost oil exporter, overtaking Saudi Arabia and Russia and signaling a significant change in global energy markets. Sources: Forbes Ukraine, Радіо Свобода, Українська правда
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Earlier coverage
- Jun 12, 2026, 12:00 PM UTCSpaceX completes record IPO, Musk becomes first trillionaire, Ukraine seeks aid, US leads oil exports
- Jun 12, 2026, 11:00 AM UTCSpaceX IPO makes Musk a trillionaire, Ukraine seeks $20 billion aid, US leads oil exports
- Jun 12, 2026, 10:30 AM UTCSpaceX IPO makes Musk first trillionaire as US leads oil exports, Ukraine seeks aid
- Jun 12, 2026, 10:00 AM UTCSpaceX IPO makes Musk first trillionaire; US top oil exporter; Ukraine seeks $20 billion aid
- Jun 12, 2026, 08:30 AM UTCElon Musk becomes first trillionaire after SpaceX's record IPO; US leads global oil exports
- Jun 12, 2026, 08:00 AM UTCElon Musk becomes first dollar trillionaire; US leads global oil exports, ECB raises rates
- Jun 12, 2026, 07:30 AM UTCElon Musk becomes first dollar trillionaire as SpaceX IPO concludes
- Jun 12, 2026, 06:30 AM UTCMusk becomes first trillionaire as US leads oil exports and ECB raises rates
- Jun 12, 2026, 05:30 AM UTCMusk becomes first dollar trillionaire as US leads global oil exports
- Jun 12, 2026, 04:30 AM UTCGlobal economic shifts: ECB raises rates, US becomes top oil exporter, Musk a trillionaire