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Elon Musk reaches first trillionaire mark
SpaceX, owned by Elon Musk, achieved a historic milestone through its initial public offering on the NASDAQ stock exchange, raising approximately $75 billion. This propelled its market value to $1.77 trillion, making it the first American company to reach a trillion-dollar valuation and the first to surpass that figure upon listing. As a result, Elon Musk became the world's first trillionaire, breaking financial barriers and elevating his company's status among the world's largest corporations.
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