Elon Musk becomes world's first 'trillionaire on paper'

4 months ago

Elon Musk has become the world’s first trillionaire on paper after SpaceX priced its record-breaking initial public offering at $135 per share, according to calculations based on company filings and Tesla disclosures. SpaceX sold 555.6 million Class A shares in the offering, raising about $75 billion and valuing the company at roughly $1.77 trillion — making it one of the most