Elon Musk becomes first trillionaire after SpaceX's record $2.2tn Nasdaq debut
Elon Musk has become the world's first trillionaire, with a net worth of $1.11tn, following SpaceX's record-breaking stock market debut on the Nasdaq. SpaceX, valued at $2.2tn, listed its shares in what is described as the biggest-ever stock market debut, further cementing Musk's status as the world's richest person.
Key quotes
Elon Musk on Friday became the world's first trillionaire after shares in his SpaceX rocket company soared during the biggest-ever stock market debut.
The Tesla and SpaceX founder comfortably cemented his status as the world's richest man, with his total net worth standing at $1.11tn (£828bn) according to the Bloomberg rich list.
It came as the rocket, telecommunications and artificial intelligence (AI) company listed on the Nasdaq stock exchange with a value of $2.2tn.
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