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Musk is world’s first trillionaire

NEW YORK – Shares in Elon Musk’s SpaceX closed almost 20% higher on their trading debut Friday after the biggest IPO in history, making the polarizing entrepreneur the world’s first trillionaire as he vowed to take humanity to Mars. The blockbuster initial public offering, which raised more than US$75 billion, is expected to kick off... The post Musk is world’s first trillionaire appeared first on New Era .

New Era15 Jun 2026, 09:50 am
Musk is world’s first trillionaire

NEW YORK – Shares in Elon Musk’s SpaceX closed almost 20% higher on their trading debut Friday after the biggest IPO in history, making the polarizing entrepreneur the world’s first trillionaire as he vowed to take humanity to Mars.

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The blockbuster initial public offering, which raised more than US$75 billion, is expected to kick off a series of major IPOs by AI companies in the coming months.

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Originally published by New Era on 15 Jun 2026, 09:50 am. View original article
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