SpaceX goes public: Shares surge to $168.90, Elon Musk becomes world's first trillionaire
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FOX Local
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Summary
SpaceX made its historic public market debut on Friday, with shares opening at $150 and surging to $168.90, giving the company a market valuation of $2.21 trillion. This milestone made Elon Musk the world's first trillionaire, with an estimated net worth of $1.1 trillion according to Forbes. Musk marked the occasion by participating in the Nasdaq opening bell ceremony from SpaceX's Starbase facility in South Texas.
Key quotes
· 3 pulledElon Musk officially became the world's first trillionaire as of midday Friday following SpaceX's historic market debut.
The shares opened at $150, then shot to $168.90 around 12:50 p.m. ET.
That price gave the company a market value of $2.21 trillion.
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