FRI JUNE 12 2026-theGBJournal| Elon Musk today officially became the world’s first trillion, with net worth of $1.05 trillion.
The trillionaire’s SpaceX boosted Musk’s wallet when it also became the world’s largest Initial Public Offer (IPO) after it made its public market debut with $75 billion offering (pre-greenshoe) at $135 per share on Nasdaq (Nasdaq:SPCX).
Musk’s stake in SpaceX is said to worth more than $766 billion, and in Tesla his stake is worth $280 billion, which brings his total net worth to $1.05 trillion.
SpaceX traded about 20% up shortly after its Nasdaq debut, at around $164 per share. That values the company at about $2 trillion.
Musk’s other stakes include Starlink which has over 5 million global users, and with revenue in excess of $6.8 billion
He also owns the social media company X (formally twitter) which he bought for $44 billion in October 2022, with Musk paying $54.20 per share in cash.
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