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Elon Musk’s net worth crosses $1 trillion after SpaceX lists publicly on Nasdaq in what is described as the largest IPO in history. SpaceX’s valuation rises above $2 trillion as investor demand surges, driven by Starlink’s global subscriber base and SpaceX’s dominance in satellite launches. Musk’s wealth is mainly tied to his SpaceX and Tesla holdings, along with stakes in xAI, Neuralink, The Boring Company, and X. The milestone renews global debate over wealth inequality, market concentration, and tech-founder influence.
Friday, 12 June, 2026