Tesla and SpaceX chief executive Elon Musk has made history as the first individual to attain a net worth exceeding $1 trillion, according to a report by CNN on Friday.
The unprecedented achievement follows the highly successful public listing of SpaceX, Musk’s aerospace company, which made its debut on the stock market.
SpaceX launched its initial public offering at $135 per share, a move that pushed Musk’s estimated wealth beyond the $1 trillion mark.
Trading under the ticker symbol SPCX on the Nasdaq exchange, the company’s shares surged to $165 shortly after trading began, representing an increase of about 22 percent from the IPO price. The jump boosted SpaceX’s market value to ...
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Elon Musk makes history as world’s first trillionaire
Source: Daily Post
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