Elon Musk becomes world's first trillionaire after SpaceX shares surge on trading debut
By
Bloomberg News
Summary
Elon Musk has become the world's first trillionaire after SpaceX shares surged 19% on their first day of trading, valuing the company at $2.2 trillion. His fortune now stands at $1.1 trillion according to the Bloomberg Billionaires Index, more than three times that of the next richest person. The article notes Musk's ironic quote about money not buying happiness as he reaches this unprecedented financial milestone.
Source
Key quotes
· 3 pulledWhoever said 'money can't buy happiness' really knew what they were talking about.
Shares of SpaceX rose 19% Friday to $160.95 each in their first day of trading, vaulting the value of the rocket and AI company Musk founded to $2.2 trillion.
His fortune now stands at the once-unimaginable figure of $1.1 trillion, according to the Bloomberg Billionaires Index.
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