SpaceX IPO makes Musk world's first trillionaire

Elon Musk has surpassed the trillion-dollar net worth threshold, largely driven by SpaceX's recent Initial Public Offering (IPO). His wealth, previously around $800 billion, surged with SpaceX shares opening at $150, well above the benchmark needed for his 13-figure valuation. This valuation incorporates his substantial holdings in SpaceX, which integrates rocket, AI, and social media ventures, alongside his stakes in other companies like Tesla. SpaceX's ambitious goal is to develop technologies for multiplanetary life and deeper cosmic understanding.