SpaceX Market Debut Makes Elon Musk the World’s First Trillionaire

TaiwanPlus News

SpaceX began trading on Friday after a record-breaking US$75 billion IPO, with its shares surging nearly 20% to value the company at about US$2.1 trillion. The listing pushed Elon Musk’s net worth above US$1 trillion when combined with his Tesla holdings, making him the world’s first trillionaire. The debut is also seen as a boost for the AI sector and could encourage companies like Anthropic and OpenAI to pursue public listings.

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00:00Elon Musk has become the world's first trillionaire thanks to SpaceX's public debut.

00:05The rocket launch and air technology firm began trading on Friday after completing a record-breaking initial public offering, raising

00:13$75 billion.

00:15Its shares jumped nearly 20%, valuing it at about $2.1 trillion.

00:20Combined with his Tesla stake, this pushed Elon Musk's net worth above $1 trillion, according to the Bloomberg Rich List.

00:28The listing could boost the AI sector and encourage companies like Anthropic and OpenAI to go public.

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