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After SpaceX launch Musk becomes first trillionaire
SpaceX's stock was listed on the NASDAQ exchange at a price of $150 per share, which increased the value of his personal stake to over $766 billion, in addition to his share in Tesla valued at $280 billion. This brings his net worth to approximately one trillion dollars, confirming that he has become the world's first trillionaire. The company announced it raised $75 billion through the sale of 555.6 million shares, with a market capitalization of $1.77 trillion, making it the seventh most valuable American company. It plans to use the funds for major projects, including deploying more than 100,000 communications satellites and building AI data centers in space.
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