Elon Musk has made history as the world's first trillionaire following the public listing of SpaceX on Friday, with shares trading at just above $150 in what is being described as the biggest initial public offering in history.
According to Antigua News Room, SpaceX — the rocket and AI company Musk founded in 2002 — sold 556 million shares Thursday at an initial price of $135 per share, valuing the company at $2 trillion. Friday's market debut represented an 11% increase on that pricing.
Musk marked the occasion by jointly ringing the Nasdaq opening bell from SpaceX headquarters in Texas, celebrating a market debut that has reshaped the global wealth landscape and cemented his place in financial history.
