Elon Musk becomes first dollar trillionaire; US leads global oil exports, ECB raises rates

Elon Musk has officially become the world's first dollar trillionaire following SpaceX's $75 billion IPO. The US now leads global oil exports, while the ECB raised interest rates due to an energy shock.
Elon Musk has officially become the world's first dollar trillionaire, with his net worth exceeding $1.1 trillion. This milestone follows the successful initial public offering (IPO) of his aerospace company, SpaceX, which reportedly raised $75 billion. In related economic news, the United States has now become the world's leading oil exporter, surpassing traditional market leaders Saudi Arabia and Russia, marking a significant shift in global energy dynamics. Meanwhile, the European Central Bank recently increased its key interest rate by 0.25 percentage points to 2.25%. This move, the first since September 2023, was made in response to an ongoing energy shock.
Sources: Forbes Ukraine, Українська правда, Громадське
Sources
Earlier coverage
- Jun 12, 2026, 10:00 AM UTCSpaceX IPO makes Musk first trillionaire; US top oil exporter; Ukraine seeks $20 billion aid
- Jun 12, 2026, 09:00 AM UTCElon Musk becomes first dollar trillionaire after SpaceX IPO
- Jun 12, 2026, 08:30 AM UTCElon Musk becomes first trillionaire after SpaceX's record IPO; US leads global oil exports
- 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
- Jun 12, 2026, 01:00 AM UTCEuropean Central Bank raises rates amid global energy shifts and Ukraine aid developments
- Jun 11, 2026, 04:00 PM UTCECB raises rates, Ukraine updates EU plan, and US becomes top oil exporter
- Jun 11, 2026, 03:30 PM UTCECB raises interest rates as Ukraine updates EU integration plan