Elon Musk becomes world’s first trillionaire as SpaceX IPO surges on debut

Premiumtimesng | 13-06-2026 08:34pm |

SpaceX's shares experienced a significant increase on their debut on the Nasdaq, closing at $161, which is notably higher than the initial public offering price of $135. This remarkable performance marks the largest stock market debut in history. As a result of this surge, Elon Musk has reached a milestone, becoming the world's first trillionaire. The successful IPO reflects strong investor confidence in SpaceX's future prospects and growth potential.

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