Elon Musk becomes first dollar trillionaire as SpaceX IPO concludes

Elon Musk has reportedly achieved the status of the world's first dollar trillionaire following the initial public offering (IPO) of his aerospace company, SpaceX. The IPO successfully raised an estimated $75 billion, significantly increasing his net worth from approximately $780 billion to over $1.1 trillion. Concurrently, the United States has emerged as the world's leading oil exporter, surpassing traditional market leaders Saudi Arabia and Russia, marking a notable shift in global energy dynamics. These economic developments coincide with the European Central Bank's recent decision to raise its key interest rate by 0.25 percentage points to 2.25%, its first increase since September 2023, in response to an energy shock. Sources: Forbes Ukraine, Українська правда, Громадське