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Elon Musk Becomes First Trillionaire With SpaceX IPO: Company’s Stock Opens Up 11% in Biggest-Ever Public Offering

Variety DigitalJune 12, 2026Todd SpanglerRead original

Last updated Jun 12, 2026 by ATDb automated enrichment

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Elon Musk is officially the world’s first trillionaire after his SpaceX tech company debuted Friday at $150/share, 11% higher than the company’s IPO pricing. SpaceX — rocket manufacturer, satellite internet service provider, AI firm and owner of X (aka Twitter) all rolled into one — had already officially set a record for the biggest IPO […]