World IPO / SpaceX Maldives Impact 3.0/10 2 min read

Elon Musk Is Now Worth More Than $1 Trillion

Elon Musk became the first person to amass a fortune exceeding $1 trillion after SpaceX's blockbuster stock market debut. Shares surged on Nasdaq, with the IPO being the largest ever recorded. Musk's net worth reached approximately $1.11 trillion. SpaceX shares priced at $135 opened at $150 and closed at $161, giving a market valuation of $2.2 trillion. The IPO raised $75 billion. Musk holds 42% of SpaceX, worth over $767 billion. His Tesla holdings add $168 billion. SpaceX was founded in 2002 and operates Starlink.

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Jun 13, 2026

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Elon Musk became the first person to amass a fortune exceeding $1 trillion after SpaceX's blockbuster stock market debut. Shares surged on Nasdaq, with the IPO being the largest ever recorded. Musk's net worth reached approximately $1.11 trillion. SpaceX shares priced at $135 opened at $150 and closed at $161, giving a market valuation of $2.2 trillion. The IPO raised $75 billion. Musk holds 42% of SpaceX, worth over $767 billion. His Tesla holdings add $168 billion. SpaceX was founded in 2002 and operates Starlink.

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