Elon Musk becomes the world’s first trillionaire after SpaceX’s historic IPO
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Elon Musk has become the world's first trillionaire following SpaceX's IPO, which priced shares at $135 each. His combined stakes in SpaceX and Tesla pushed his net worth past $1 trillion. Despite owning over 80% of SpaceX's voting control and holding a potentially $1 trillion Tesla pay package, Musk retains near-total control of SpaceX post-IPO. The milestone arrives amid widespread public disapproval of Musk, stemming from his role in the Trump administration's DOGE initiative and the dismantling of USAID.
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