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SpaceX has become the first company to flip the financial balance and turn its founder, Elon Musk, into the world's first trillionaire, after its shares were listed on the NASDAQ with a market value estimated at around $2.18 trillion. The company raised $75 billion through the largest initial public offering in the markets, with its shares increasing by 23.3% above the offering price to surpass a trillion dollars quickly during the first trading session. Despite achieving revenues of $18.67 billion in 2025, the company recorded a net loss of $4.94 billion and relies on markets such as satellites and artificial intelligence to generate future profits, amid regulatory and technological risks.
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