Elon Musk Becomes Worlds First Trillionaire as SpaceX Surges on Debut

SpaceX CEO Elon Musk, displayed on a screen remotely from SpaceX headquarters in Starbase, Texas, speaks before the launch of SpaceX’s initial public offering (IPO) at the Nasdaq MarketSite in New York on June 12, 2026. Timothy A. Clary / AFP via Getty ImagesElon Musk, the world’s richest person, has become the first trillionaire on the planet as early as the end of the June 12 trading session following SpaceX’s Wall Street debut.The rocket, satellite, and artificial intelligence (AI) juggernaut went public on the Nasdaq in the largest initial public offering (IPO) in history.