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SpaceX achieved a historic success with its initial public offering, resulting in a market valuation of $2.1 trillion and a 19% rise in its stock on its first trading session on NASDAQ. As a result, Elon Musk became the world’s first trillionaire, with his wealth, including his stake in Tesla, reaching approximately $1.05 trillion, driven by the surge in his company's share value. This achievement reignites discussions about the impact of ultra-wealthy individuals on the economy and democratic systems, especially amidst the growing influence of billionaires in public policy.
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