Markets World Tech USA · World
S&P 500
7,723.55
+285.92   +3.84%
Live
Dow
54,349.12
+2,141.06   +4.10%
Live
Nasdaq
26,363.44
+1,241.26   +4.94%
Live
USD Index
99.74
-0.22   -0.22%
Live
Russell
3,019.19
+73.09   +2.48%
Live

Economy

How much money did Elon Musk make in SpaceX’s stock market debut?

· The Guardian

He’s now the world’s first trillionaire, after his rocket and AI company broke IPO records on its way to a $2.1tn valuation

Elon Musk is now the world’s first trillionaire. SpaceX’s historic debut on the stock market on Friday launched the CEO to unprecedented levels of wealth; his personal fortune now amounts to $1.1tn, an increase of more than $62bn since the previous day, according to Forbes.

The rocket, satellite and AI company raised $75bn from its record-breaking initial public offering (IPO), and is now valued at $2.1tn after its first day of public trading.

Continue reading...