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Elon Musk becomes the world's first trillionaire

2026-06-12 22:21:00, Kuriozitete CNA

Elon Musk becomes the world's first trillionaire

Renowned technology entrepreneur Elon Musk became the world's first trillionaire.

He reached this milestone just as the rocket company made its public market debut on Friday.

Musk owns roughly $860 billion in shares of the company, which began trading at $150 a share, an 11 percent premium to its IPO price of $135, according to TechCrunch. The price has since risen, reaching a high of $176 on Friday morning.

The stock rose 18% near the close at around $159, from its high for the day of $176, for a market capitalization of over $2 trillion./CNA 





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