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SpaceX launches IPO, making Elon Musk the world's first trillionaire

Politics The Hill By Julia Shapero 12 Jun 2026 16:00 1 min read
SpaceX launches IPO, making Elon Musk the world's first trillionaire

Elon Musk’s SpaceX made its highly anticipated stock market debut Friday morning, establishing him as the first person to ever be worth $1 trillion. The spacecraft and satellite communications company began trading on the Nasdaq with shares opening at $150, about 11 percent above the initial public offering (IPO) price of $135. It is the...

Elon Musk’s SpaceX made its highly anticipated stock market debut Friday morning, establishing him as the first person to ever be worth $1 trillion. The spacecraft and satellite communications company began trading on the Nasdaq with shares opening at $150, about 11 percent above the initial public offering (IPO) price of $135. It is the...

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