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Elon Musk Becomes World's First Trillionaire After SpaceX IPO

Elon Musk has achieved the status of the world's first trillionaire following the successful initial public offering (IPO) of SpaceX. The IPO saw SpaceX shares rocket, significantly increasing Musk's net worth and highlighting his substantial ownership in the company.

12 Jun, 16:47 — 12 Jun, 23:39
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38 sources33/33
Spectrum spread4/5 buckets covered25/33
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Far Left (4)
rolling-stoneThe GuardianNYTThe Independent
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Sources

Showing 21 of 38 sources
BBCHigh2h ago

Elon Musk's stratospheric rise to trillionaire status - in charts

The BBC breaks down how the tech mogul's fortune has grown.

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NYTMostly Factual5h ago

SpaceX’s Unlikely Journey From Far-Out Idea to $2 Trillion Juggernaut

Elon Musk said he had initially given SpaceX less than a 10 percent chance of succeeding. His rocket company has come a long way.

By Ryan Mac, Kenneth Chang and Kirsten Grind

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FTVery High8h ago

SpaceX’s IPO is a display of Musk’s autocratic power

His unrivalled grip on the public imagination has transmuted into Wall Street gold

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le-mondeHigh9h ago

Musk becomes world's first trillionaire as SpaceX shares soar

After the biggest initial public offering in history, shares in Elon Musk's SpaceX jumped more than 20% in the first hour of trading. Despite operating at a loss, the company has convinced investors to buy into Musk's ambitious plans.

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The GuardianMostly Factual4h ago

How much money did Elon Musk make in SpaceX’s stock market debut?

He’s now the world’s first trillionaire, after his rocket and AI company broke IPO records on its way to a $2.1tn valuation Elon Musk is now the world’s first trillionaire. SpaceX’s historic debut on the stock market on Friday launched the CEO to unprecedented levels of wealth; his personal fortune now amounts to $1.1tn, an increase of more than $62 bn since the previous day, according to Forbes. The rocket, satellite and AI company raised $75bn from its record-breaking initial public offerin...

By Sanya Mansoor

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Al JazeeraMostly Factual7h ago

Musk becomes first trillionaire as SpaceX debuts on Nasdaq

Musk becomes first trillionaire as SpaceX debuts on Nasdaq

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cnbcMostly Factual5h ago

Top House Republican’s family investment poised to benefit from SpaceX IPO

Republican Rep. Lisa McClain’s husband bought up to $250,000 in Elon Musk’s xAI before it was folded into SpaceX ahead of its IPO.

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DWHigh3h ago

Elon Musk becomes world's first trillionaire after SpaceX IPO

SpaceX floated on the Nasdaq stock exchange on Friday, with shares trading 25% above the opening price at one point. The IPO has made Musk the world's first trillionaire, at least on paper.

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SCMPMostly Factual6h ago

Elon Musk is now the world’s first trillionaire – what could he buy with all that money?

Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world’s first trillionaire. That level of wealth, all owned by just one person, was once unfathomable. Before Friday, the trillion dollar mark was reserved for measures like the GDP (or staggering debt) of a handful of major economies – and, in the last decade alone, the value of some of the biggest companies to ever trade on the stock market. Musk’s new title arrives amid a wider acceleration for the richest of...

By Associated Press

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marketwatchMostly Factual4h ago

How Elon Musk nailed the SpaceX IPO: ‘I’m not sure that this could have gone much better’

There were a lot of ways that SpaceX’s initial public offering could have gone wrong. Instead, the company bucked Wall Street norms, pulled off the biggest IPO ever and raised $75 billion.

By William Gavin

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Business InsiderMostly Factual5h ago

Jamie Dimon is throwing a party to woo SpaceX employees who just struck it rich

JPMorgan is going all out for SpaceX employees, from a cake replica of its headquarters and plans to display rockets at the top of its skyscraper. Cake Don; Leo Villareal Studio JPMorgan is hosting a SpaceX IPO celebration with 250 of Musk's employees at its new Park Avenue HQ. The celebration was Jamie Dimon's idea — and he pitched it to Elon Musk. Guests get steak, sushi, cocktails, and the night ends with a SpaceX-themed skyline light show. A SpaceX-branded tomahawk steak carving station...

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The IndependentMostly Factual6h ago

Elon Musk accused of amplifying anti-migrant content to more than 60 million on X amid Belfast disorder

Elon Musk’s posts on X about the disorder in Belfast have garnered more than 60 million views

By Bryony Gooch

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YahooMostly Factual3h ago

Elon Musk Becomes World’s First Trillionaire After SpaceX IPO

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Times of IndiaMostly Factual3h ago

Record SpaceX IPO rockets Trill'Elon'aire Musk as stock ends at $161

Despite the excitement, SpaceX remains unprofitable and generates significantly less revenue than several technology companies with comparable market valuations. The listing proceeded without major disruptions, in contrast to some high-profile public offerings of the past. Trading began late on Friday morning and the stock eventually closed at $160.95 per share, giving the company a market capitalisation of approximately $2.1 trillion.

By TOI BUSINESS DESK

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hindustan-timesMostly Factual2h ago

Elon Musk holds only 46.4% of SpaceX, but who owns the remaining shares?

Elon Musk owns 46.4% of SpaceX, far more than any other shareholder. Here's who owns the rest of the company after SpaceX's historic IPO.

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rolling-stoneMostly Factual2h ago

Elon Musk’s a Trillionaire. Here Are Other Shocking Numbers Defining His Legacy

The SpaceX founder became the world's first trillionaire — how else does he add up?

By Elisabeth Garber-Paul

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deadlineMostly Factual6h ago

Elon Musk Becomes World’s First Trillionaire Amid SpaceX IPO

Elon Musk saw his net worth surge as SpaceX hit the public market Friday. The biggest public offering ever was priced at $135 a share. The shares opened at $150 and jumped some more when they started trading on the Nasdaq under the symbol SPCX. The stock is up 18% nearing the close at about […]

By Jillg366

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channel-news-asiaMostly Factual4h ago

Wall Street climbs as SpaceX shares launch, oil slides on Mideast deal hopes

Wall Street ended higher as SpaceX surged 19 per cent in its Nasdaq debut, giving the company a valuation of over US$2 trillion.

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seeking-alphaMixed6h ago

Robinhood customers face issues in first minutes of SpaceX trading - report

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Daily NationMostly Factual8h ago

SpaceX IPO makes Elon Musk the world's first trillionaire

Musk's empire spans rockets, internet service and AI.

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vanguard-ngMixed6h ago

Musk becomes world’s first trillionaire as SpaceX shares jump

Elon Musk's SpaceX jumped 30% on their trading debut after the biggest IPO in history, making him the world's first trillionaire The post Musk becomes world’s first trillionaire as SpaceX shares jump appeared first on Vanguard News.

By Oboh

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Coverage Timeline

First report: n1-serbia · 12 Jun, 14:10Full coverage: 38 · 9hWindow: 9h
Left-leaningCenterRight-leaning
n1-serbia12 Jun, 14:10First to report

Ugovor je potpisan: Gugl plaća Spejs iksu 920 miliona dolara mesečno

vijesti-me12 Jun, 14:51

Ilon Mask: Bogatstvo i moć bez presedana

2h later
le-monde12 Jun, 16:47

Musk becomes world's first trillionaire as SpaceX shares soar

FT12 Jun, 17:40

SpaceX’s IPO is a display of Musk’s autocratic power

Daily Nation12 Jun, 17:43

SpaceX IPO makes Elon Musk the world's first trillionaire

forbes12 Jun, 18:02

Bernie Sanders Blasts Musk Becoming World’s First Trillionaire After SpaceX IPO - Forbes

Al Jazeera12 Jun, 18:03

Musk becomes first trillionaire as SpaceX debuts on Nasdaq

cdm-me12 Jun, 18:23

Ilon Mask postao prvi svijetski bilioner

newsbeast12 Jun, 18:59

Η εξωπραγματική περιουσία του Έλον Μασκ που ξεπέρασε το 1 τρισ. δολάρια – Πώς την απέκτησε και τι σημαίνει αυτό για τον πλανήτη

tagesschau12 Jun, 19:04

Börsengang von SpaceX: Riskante Wette auf Raketen, Satelliten und Visionen

seeking-alpha12 Jun, 19:06

Robinhood customers face issues in first minutes of SpaceX trading - report

iefimerida12 Jun, 19:06

Έλον Μασκ: Ο πρώτος τρισεκατομμυριούχος της ιστορίας και οι απίστευτες συγκρίσεις -Νούμερα που ζαλίζουν

SCMP12 Jun, 19:08

Elon Musk is now the world’s first trillionaire – what could he buy with all that money?

vanguard-ng12 Jun, 19:13

Musk becomes world’s first trillionaire as SpaceX shares jump

bloomberg12 Jun, 19:26

Tesla Holder Merz Sits Out SpaceX IPO in Bet on Musk Merger Bid - Bloomberg

le-figaro12 Jun, 19:30

«Il y a une fascination presque irrationnelle pour Elon Musk» : comment l’entrée en Bourse de SpaceX a fait monter la fièvre à Wall Street

politiken12 Jun, 19:31

Space X er på børsen: »Vi kommer til at se massive kursudsving over de næste år, som virkelig kan give ondt i maven«

klix-ba12 Jun, 19:44

Elon Musk postao prvi bilioner u historiji: S tim novcem može kupiti 2,5 miliona kuća u SAD-u

deadline12 Jun, 19:49

Elon Musk Becomes World’s First Trillionaire Amid SpaceX IPO

The Independent12 Jun, 19:50

Elon Musk accused of amplifying anti-migrant content to more than 60 million on X amid Belfast disorder

Business Insider12 Jun, 20:07

Jamie Dimon is throwing a party to woo SpaceX employees who just struck it rich

berlingske12 Jun, 20:08

SpaceX stiger knap 20 procent på første handelsdag

svenska-dagbladet12 Jun, 20:09

Space X stängde på 19 procent

orf12 Jun, 20:17

Börsendebut macht Musk zu erstem Billionär

naftemporiki12 Jun, 20:36

Wall Street: Ράλι με ώθηση από τη SpaceX και τις προσδοκίες για συμφωνία ΗΠΑ – Ιράν

cnbc12 Jun, 20:38

Top House Republican’s family investment poised to benefit from SpaceX IPO

NYT12 Jun, 20:48

SpaceX’s Unlikely Journey From Far-Out Idea to $2 Trillion Juggernaut

de-volkskrant12 Jun, 21:17

Elon Musk ’s werelds eerste biljonair na succesvolle beursgang SpaceX

channel-news-asia12 Jun, 21:21

Wall Street climbs as SpaceX shares launch, oil slides on Mideast deal hopes

The Guardian12 Jun, 21:34

How much money did Elon Musk make in SpaceX’s stock market debut?

faz12 Jun, 21:42

Börsengang von SpaceX: Die beunruhigende Macht von Elon Musk

marketwatch12 Jun, 21:57

How Elon Musk nailed the SpaceX IPO: ‘I’m not sure that this could have gone much better’

DW12 Jun, 22:02

Elon Musk becomes world's first trillionaire after SpaceX IPO

Yahoo12 Jun, 22:30

Elon Musk Becomes World’s First Trillionaire After SpaceX IPO

Times of India12 Jun, 22:48

Record SpaceX IPO rockets Trill'Elon'aire Musk as stock ends at $161

rolling-stone12 Jun, 23:00

Elon Musk’s a Trillionaire. Here Are Other Shocking Numbers Defining His Legacy

BBC12 Jun, 23:05

Elon Musk's stratospheric rise to trillionaire status - in charts

hindustan-times12 Jun, 23:39Latest update

Elon Musk holds only 46.4% of SpaceX, but who owns the remaining shares?