Elon Musk Becomes First Trillionaire in History After SpaceX Stocks Go Public

Elon Musk Becomes First Trillionaire in History After SpaceX Stocks Go Public

Elon Musk, founder and CEO of SpaceX, has officially become the first person in history to have a net worth of more than $1 trillion

This happened immediately after SpaceX shares officially started trading on the Nasdaq.

The price per share was set at $150 at the start of trading, which was 11% higher than the initial public offering price ($135).

As a result, the company’s market value exceeded $2 trillion, while the company’s valuation at the time of the initial public offering was estimated at $1.77 trillion.

Report: Abdulhaq Hamidi