Musk Becomes First Trillionaire After SpaceX IPO
Elon Musk has become the first trillionaire in history after the value of his stake in SpaceX, which exceeded $766 billion, along with his share in Tesla valued at $280 billion, bringing his total wealth to approximately $1.05 trillion. SpaceX went public with shares priced at $135 each, raising $75 billion, with the company's valuation reaching $1.77 trillion. The company aims to use the new funding for large-scale projects such as deploying over 100,000 communication satellites and building AI data centers in space.
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