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Jun 12, 2026, 09:30 PM UTC

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Elon Musk becomes world's first trillionaire as SpaceX shares soar

Elon Musk becomes world's first trillionaire as SpaceX shares soar

SpaceX's shares have soared following its stock market debut, solidifying its initial public offering as potentially the largest in history. This market performance has propelled co-founder Elon Musk to become the world's first trillionaire, with his net worth now estimated at $1

SpaceX's shares have soared following its stock market debut, solidifying its initial public offering as potentially the largest in history. This market performance has propelled co-founder Elon Musk to become the world's first trillionaire, with his net worth now estimated at $1.11 trillion. The aerospace company, which also encompasses telecommunications and artificial intelligence ventures, is valued at over $1.8 trillion. Tom Mueller, SpaceX's first employee and co-founder, reflected on the company's journey since its inception in 2002 and Musk's foundational vision as the firm reached this significant milestone.

Sources: BBC News

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