14/06/2026
The world has found its first trillionaire. Elon Musk's total net worth has reached $1.1 trillion following the spectacular market debut of his company, SpaceX. This marked the world's largest IPO. SpaceX made history by listing on the US market (Nasdaq) under the ticker symbol SPCX.
The company raised $75 billion through the IPO. The share price was set at $135 per share, and following the listing, the company's valuation has reached $1.75 trillion. With this listing, Elon Musk has become the world's first trillionaire, and SpaceX has joined the ranks of the world's most highly valued companies.
**Record Broken: Surpassing the Saudi Giant**
SpaceX has become the company with the highest valuation in the world following its IPO. It surpassed the record previously held by Saudi Aramco; while Saudi Aramco raised $29 billion upon its market listing in 2019, SpaceX raised $75 billion.