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Originally published by Capital Business
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business
June 14, 2026
2h ago

Elon Musk becomes world’s first trillionaire as SpaceX soars in stock market debut

Elon Musk becomes world’s first trillionaire as SpaceX soars in stock market debut

The Tesla and SpaceX founder comfortably cemented his status as the world's richest man, with his total net worth standing at $1.11tn (£828bn) according to the Bloomberg rich list. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Elon Musk has become the world's first trillionaire following the record-breaking stock market debut of his space exploration company, SpaceX, on the Nasdaq stock exchange.

  • SpaceX was valued at $2.2 trillion, with shares opening at $150 and reaching highs of $176.50.
  • Elon Musk, as the founder and CEO of SpaceX, now has a net worth of $1.11 trillion.
  • This unprecedented wealth has ignited discussions about wealth inequality and Musk's significant influence on global politics.

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