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Elon Musk becomes the world’s first trillionaire after SpaceX’s historic IPO

Elon Musk has become the world's first trillionaire following SpaceX's historic IPO, reaching a net worth exceeding $1 trillion. This milestone comes amid growing public scrutiny of his influence and power across multiple industries including space exploration, electric vehicles, and social media.

Background

SpaceX is a private aerospace manufacturer and space transportation company founded by Elon Musk in 2002, which has revolutionized the space industry with reusable rocket technology. Elon Musk is also the CEO of Tesla and owner of X (formerly Twitter), making him one of the most influential figures in technology and business.

Source
TechCrunch
Published
Jun 12, 2026 at 11:55 PM
Score
9.0 / 10