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Elon Musk becomes the world’s first trillionaire after SpaceX’s historic IPO
Key takeaways
- Elon Musk is now the world s first trillionaire after Space X s public markets debut on Friday, according to Bloomberg News.
- The Space X founder and CEO owned roughly $860 billion worth of the rocket company s stock after it was priced at $135 per share just ahead of the IPO.
- SpaceX s stock continued to climb on Friday in early trading, adding to Musk s wealth.
Elon Musk is now the world s first trillionaire after Space X s public markets debut on Friday, according to Bloomberg News.
The Space X founder and CEO owned roughly $860 billion worth of the rocket company s stock after it was priced at $135 per share just ahead of the IPO. Combined with his stake in Tesla, and the immediate pop of Space X s stock on Friday after it began trading, that s enough to give the tech magnate already the richest person in the world an on-paper wealth of more than $1,000,000,000,000.
SpaceX s stock continued to climb on Friday in early trading, adding to Musk s wealth.
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